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Maruwa Co (TSE:5344) Days Inventory : 109.83 (As of Dec. 2023)


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What is Maruwa Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maruwa Co's Average Total Inventories for the three months ended in Dec. 2023 was 円10,060 Mil. Maruwa Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円8,358 Mil. Hence, Maruwa Co's Days Inventory for the three months ended in Dec. 2023 was 109.83.

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

TSE:5344' s Days Inventory Range Over the Past 10 Years
Min: 97.05   Med: 116.39   Max: 136.85
Current: 115.98

During the past 13 years, Maruwa Co's highest Days Inventory was 136.85. The lowest was 97.05. And the median was 116.39.

TSE:5344's Days Inventory is ranked worse than
56.29% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs TSE:5344: 115.98

Maruwa Co's Days Inventory declined from Dec. 2022 (121.72) to Dec. 2023 (109.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Maruwa Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.83.

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. Maruwa Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.59.


Maruwa Co Days Inventory Historical Data

The historical data trend for Maruwa 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.

Maruwa Co Days Inventory Chart

Maruwa Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.90 107.51 97.05 108.78 111.77

Maruwa Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 112.43 130.33 119.88 109.83 111.12

Competitive Comparison of Maruwa Co's Days Inventory

For the Electronic Components subindustry, Maruwa 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.


Maruwa Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maruwa Co's Days Inventory distribution charts can be found below:

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



Maruwa Co Days Inventory Calculation

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

Maruwa Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (8939 + 9783) / 2 ) / 30570*365
=9361 / 30570*365
=111.77

Maruwa 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
=( (10037 + 10083) / 2 ) / 8358*365 / 4
=10060 / 8358*365 / 4
=109.83

* 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.


Maruwa Co  (TSE:5344) 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.

Maruwa 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.

Maruwa 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.


Maruwa Co Days Inventory Related Terms

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


Maruwa Co (TSE:5344) Business Description

Traded in Other Exchanges
Address
3-83, Minamihonjigahara-cho, Aichi, Owariasahi, JPN, 488-0044
Maruwa Co Ltd engages in production and sale of ceramics and electronics parts. The company operates in four business divisions namely Ceramics that produces ceramic substrates, designs, and patterns circuit on substrates, processes components mounting, Electronic Components/Devices that produce radio frequency components or devices such as EMI filters, magnetic sheets, inductors, and EMC components, Quartz Glass that produces quartz glass products, including quartz boats and tubes for semiconductor industry, multi-walled piping burner for optical fiber, and machined products, and Light-Emitting Diode that produces light-emitting diode lighting fixtures including street lighting, lighting for interior and high ceiling.

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