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Marumitsu Co (TSE:8256) Days Inventory : 45.67 (As of Jun. 2023)


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What is Marumitsu Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Marumitsu Co's Average Total Inventories for the three months ended in Jun. 2023 was 円411 Mil. Marumitsu Co's Cost of Goods Sold for the three months ended in Jun. 2023 was 円822 Mil. Hence, Marumitsu Co's Days Inventory for the three months ended in Jun. 2023 was 45.67.

The historical rank and industry rank for Marumitsu Co's Days Inventory or its related term are showing as below:

TSE:8256's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 124.07
* Ranked among companies with meaningful Days Inventory only.

Marumitsu Co's Days Inventory declined from Jun. 2022 (52.00) to Jun. 2023 (45.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Marumitsu Co's Inventory Turnover for the three months ended in Jun. 2023 was 2.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Marumitsu Co's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.38.


Marumitsu Co Days Inventory Historical Data

The historical data trend for Marumitsu Co's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marumitsu Co Days Inventory Chart

Marumitsu Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.31 36.33 42.88 60.44 49.98

Marumitsu Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.00 66.14 45.68 54.75 45.67

Competitive Comparison of Marumitsu Co's Days Inventory

For the Apparel Manufacturing subindustry, Marumitsu Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marumitsu Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Marumitsu Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Marumitsu Co's Days Inventory falls into.



Marumitsu Co Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Marumitsu Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (545.078 + 383.68) / 2 ) / 3391.155*365
=464.379 / 3391.155*365
=49.98

Marumitsu Co's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (383.68 + 438.972) / 2 ) / 821.806*365 / 4
=411.326 / 821.806*365 / 4
=45.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Marumitsu Co  (TSE:8256) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Marumitsu Co's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Marumitsu Co's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Marumitsu Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Marumitsu Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Marumitsu Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5 No. 1, Chuo-ku, Osaka, JPN, 5410056
Marumitsu Co., Ltd. is engaged in the sale of various clothing, bedding products, interior products and accessories in Japan.

Marumitsu Co Headlines

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