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Mitsui Chemicals (Mitsui Chemicals) Inventory-to-Revenue : 0.97 (As of Mar. 2024)


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What is Mitsui Chemicals Inventory-to-Revenue?

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 Chemicals's Average Total Inventories for the quarter that ended in Mar. 2024 was $3,080 Mil. Mitsui Chemicals's Revenue for the three months ended in Mar. 2024 was $3,172 Mil. Mitsui Chemicals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.97.

Mitsui Chemicals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.98) to Dec. 2023 (0.97)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mitsui Chemicals's Days Inventory for the three months ended in Mar. 2024 was 112.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mitsui Chemicals's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.81.


Mitsui Chemicals Inventory-to-Revenue Historical Data

The historical data trend for Mitsui Chemicals's Inventory-to-Revenue 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 Chemicals Inventory-to-Revenue Chart

Mitsui Chemicals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.23 0.20 0.23 0.27

Mitsui Chemicals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue 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 0.99 1.12 1.10 0.98 0.97

Competitive Comparison of Mitsui Chemicals's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Mitsui Chemicals's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Chemicals's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsui Chemicals's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mitsui Chemicals's Inventory-to-Revenue falls into.



Mitsui Chemicals Inventory-to-Revenue Calculation

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 Chemicals's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (A: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )
=( (3306.41 + 3010.808) / 2 ) / 11679.077
=3158.609 / 11679.077
=0.27

Mitsui Chemicals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (3149.425 + 3010.808) / 2 ) / 3171.923
=3080.1165 / 3171.923
=0.97

* 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 Chemicals  (OTCPK:MITUF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Mitsui Chemicals's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=3080.1165/2498.168*365 / 4
=112.51

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

Mitsui Chemicals's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=2498.168 / 3080.1165
=0.81

* 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 Chemicals Inventory-to-Revenue Related Terms

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Mitsui Chemicals (Mitsui Chemicals) Business Description

Traded in Other Exchanges
Address
1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, JPN, 105-7122
Mitsui Chemicals Inc manufactures and sells a variety of chemicals, plastics, and chemical-based products. The firm organizes itself into five segments based on the product type. The basic materials segment, which generates more revenue than any other segment, sells petrochemicals, industrial chemicals, phenols, and polyesters. The mobility segment sells elastomers, performance compounds, and performance polymers to the automotive industry. The other three segments are healthcare, food and packaging, and others. The majority of revenue comes from Asia.

Mitsui Chemicals (Mitsui Chemicals) Headlines

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