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Mitsui Fudosan Co (TSE:8801) Days Inventory : 544.19 (As of Dec. 2023)


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What is Mitsui Fudosan Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mitsui Fudosan Co's Average Total Inventories for the three months ended in Dec. 2023 was 円2,413,839 Mil. Mitsui Fudosan Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円404,752 Mil. Hence, Mitsui Fudosan Co's Days Inventory for the three months ended in Dec. 2023 was 544.19.

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

TSE:8801' s Days Inventory Range Over the Past 10 Years
Min: 287.44   Med: 391.71   Max: 468.17
Current: 468.17

During the past 13 years, Mitsui Fudosan Co's highest Days Inventory was 468.17. The lowest was 287.44. And the median was 391.71.

TSE:8801's Days Inventory is ranked better than
59.29% of 1324 companies
in the Real Estate industry
Industry Median: 692.115 vs TSE:8801: 468.17

Mitsui Fudosan Co's Days Inventory increased from Dec. 2022 (454.23) to Dec. 2023 (544.19). It might indicate that Mitsui Fudosan Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mitsui Fudosan Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.17.

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. Mitsui Fudosan Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.52.


Mitsui Fudosan Co Days Inventory Historical Data

The historical data trend for Mitsui Fudosan 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.

Mitsui Fudosan Co Days Inventory Chart

Mitsui Fudosan 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 398.95 444.13 431.46 437.97 438.89

Mitsui Fudosan Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 454.23 400.84 467.13 466.57 544.19

Competitive Comparison of Mitsui Fudosan Co's Days Inventory

For the Real Estate - Diversified subindustry, Mitsui Fudosan 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.


Mitsui Fudosan Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mitsui Fudosan Co's Days Inventory distribution charts can be found below:

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



Mitsui Fudosan Co Days Inventory Calculation

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

Mitsui Fudosan 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
=( (2039832 + 2150515) / 2 ) / 1742425*365
=2095173.5 / 1742425*365
=438.89

Mitsui Fudosan Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2394682 + 2432995) / 2 ) / 404752*365 / 4
=2413838.5 / 404752*365 / 4
=544.19

* 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.


Mitsui Fudosan Co  (TSE:8801) 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.

Mitsui Fudosan Co's Inventory Turnover for the three months ended in Dec. 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.

Mitsui Fudosan Co's Inventory to Revenue for the three months ended in Dec. 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.


Mitsui Fudosan Co Days Inventory Related Terms

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


Mitsui Fudosan Co (TSE:8801) Business Description

Traded in Other Exchanges
Address
1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo, JPN, 103-0022
Mitsui Fudosan is one of the three big Japanese real estate companies, together with Mitsubishi Estate and Sumitomo Realty. Although its traditional office district is Nihonbashi, it has developed large office projects across Tokyo, as well as London and New York City. Mitsui Fudosan derives a higher portion of its revenue and profits from retail leasing than Mitsubishi Estate and Sumitomo Realty with an extensive portfolio of urban retail buildings, shopping malls, and outlet parks. It is in the process of expanding the latter two formats across Asia. Like Sumitomo Realty, it is active in condo development and residential real estate brokerage, and its Mitsui Home unit is a second-tier builder of detached houses.

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