Mitsui DM Sugar Holdings Co (TSE:2109) Inventory Turnover : 1.01 (As of Dec. 2023)

View and export this data going back to 1953. Start your Free Trial

What is Mitsui DM Sugar Holdings Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Mitsui DM Sugar Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円37,397 Mil. Mitsui DM Sugar Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円37,164 Mil. Mitsui DM Sugar Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mitsui DM Sugar Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 90.68.

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 DM Sugar Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.82.

Mitsui DM Sugar Holdings Co Inventory Turnover Historical Data

The historical data trend for Mitsui DM Sugar Holdings Co's Inventory Turnover 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 DM Sugar Holdings Co Inventory Turnover Chart

Mitsui DM Sugar Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

3.21

2.86

3.43

3.40

3.62

Mitsui DM Sugar Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.80	0.90	0.95	1.01	0.86

Mitsui DM Sugar Holdings Co Inventory Turnover Calculation

Mitsui DM Sugar Holdings Co's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	141080	/ (	(40532	+	37332)	/	2 )
=	141080	/	38932
=	3.62

Mitsui DM Sugar Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	37397	/ (	(33829	+	40499)	/	2 )
=	37397	/	37164
=	1.01

Mitsui DM Sugar Holdings Co (TSE:2109) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Mitsui DM Sugar Holdings Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	37164	/	37397	*	365 / 4
	=	90.68

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 DM Sugar Holdings Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	37164	/	45181
	=	0.82

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Mitsui DM Sugar Holdings Co Inventory Turnover Related Terms

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

Mitsui DM Sugar Holdings Co (TSE:2109) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mitsui DM Sugar Holdings Co Ltd (TSE:2109) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

36-2, Nihonbashi-Hakozakicho, Chuo-ku, Tokyo, JPN, 103-8423

Website

https://www.mitsui-sugar.co.jp

Mitsui DM Sugar Holdings Co Ltd is in the business of manufacturing and selling raw sugar and its products, food science, and real estate. The company manufactures and promotes its products under the brand name of Spoon brand. Its products include home use products, business use products, tabletop products, alternative sweeteners.

Mitsui DM Sugar Holdings Co (TSE:2109) Headlines

No Headlines