GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shima Seiki Mfg Ltd (TSE:6222) » Definitions » Inventory-to-Revenue

Shima Seiki Mfg (TSE:6222) Inventory-to-Revenue : 3.44 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Shima Seiki Mfg 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. Shima Seiki Mfg's Average Total Inventories for the quarter that ended in Dec. 2023 was 円24,488 Mil. Shima Seiki Mfg's Revenue for the three months ended in Dec. 2023 was 円7,113 Mil. Shima Seiki Mfg's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.44.

Shima Seiki Mfg's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (2.90) to Sep. 2023 (3.44)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shima Seiki Mfg's Days Inventory for the three months ended in Dec. 2023 was 588.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shima Seiki Mfg's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.16.


Shima Seiki Mfg Inventory-to-Revenue Historical Data

The historical data trend for Shima Seiki Mfg'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.

Shima Seiki Mfg Inventory-to-Revenue Chart

Shima Seiki Mfg Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.57 0.71 0.51 0.47

Shima Seiki Mfg Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.20 1.86 1.74 2.90 3.44

Competitive Comparison of Shima Seiki Mfg's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Shima Seiki Mfg'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.


Shima Seiki Mfg's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shima Seiki Mfg's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shima Seiki Mfg's Inventory-to-Revenue falls into.



Shima Seiki Mfg 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.

Shima Seiki Mfg's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (15097 + 20347) / 2 ) / 37886
=17722 / 37886
=0.47

Shima Seiki Mfg's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (23054 + 25922) / 2 ) / 7113
=24488 / 7113
=3.44

* 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.


Shima Seiki Mfg  (TSE:6222) 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.

Shima Seiki Mfg'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
=24488/3796*365 / 4
=588.65

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

Shima Seiki Mfg's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=3796 / 24488
=0.16

* 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.


Shima Seiki Mfg Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Shima Seiki Mfg's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Shima Seiki Mfg (TSE:6222) Business Description

Traded in Other Exchanges
N/A
Address
85 Sakata, Wakayama, JPN, 641-8511
Shima Seiki Mfg Ltd is a Japan-based company that is engaged in developing, manufacturing, selling, and servicing computerized flat knitting machines, design systems, automatic fabric-cutting machines, and glove- and sock-knitting machines. The company's products are applied in apparel, knitting, weaving, printing, circular knitting, interior furnishings, automotive, aerospace, and other industrial materials. Flat knitting machines account for the majority of the company's sales. Shima Seiki generates most of its sales from Asia and Europe.

Shima Seiki Mfg (TSE:6222) Headlines

No Headlines