What is Mitsubishi Chemical Group 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. Mitsubishi Chemical Group's Average Total Inventories for the quarter that ended in Mar. 2024 was 円799,425 Mil. Mitsubishi Chemical Group's Revenue for the
three
months ended in Mar. 2024 was 円1,142,078 Mil.
Mitsubishi Chemical Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.70.
Mitsubishi Chemical Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.74) to Dec. 2023 (0.70)
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.
Mitsubishi Chemical Group's Days Inventory for the
three
months ended in Mar. 2024 was 85.69.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mitsubishi Chemical Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.06.
Mitsubishi Chemical Group Inventory-to-Revenue Historical Data
* 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.
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Mitsubishi Chemical Group Inventory-to-Revenue Chart
Competitive Comparison of Mitsubishi Chemical Group's Inventory-to-Revenue
For the Specialty Chemicals subindustry, Mitsubishi Chemical Group'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.
Mitsubishi Chemical Group's Inventory-to-Revenue Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mitsubishi Chemical Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Mitsubishi Chemical Group's Inventory-to-Revenue falls into.
Mitsubishi Chemical Group 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.
Mitsubishi Chemical Group's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 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.
Mitsubishi Chemical Group (TSE:4188) 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.
Mitsubishi Chemical Group's Days Inventory for the
three
months ended in Mar. 2024 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.
Mitsubishi Chemical Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Mitsubishi Chemical Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Mitsubishi Chemical Group (TSE:4188) Business Description
Mitsubishi Chemical Group Corp is a holdings company, which manufactures and sells chemicals, plastics, and pharmaceuticals. It organizes itself into three segments based on product. The Industrial Materials segment, which generates the majority of revenue, sells chemicals and polymers, including industrial gases, petrochemicals, thermoplastics, polyethylene, and polypropylene. The Performance Products segment sells electronics and designed materials, including LED lighting and equipment, specialty chemicals, polyester and industrial films, and fibers. The Health Care segment sells pharmaceuticals to treat autoimmune diseases, diabetes and kidney diseases, central nervous system treatments, and vaccines. The majority of revenue comes from Japan.
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