Nippon Telegraph & Telephone (Nippon Telegraph & Telephone) Inventory Turnover : 1.34 (As of Dec. 2023)

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What is Nippon Telegraph & Telephone 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. Nippon Telegraph & Telephone's Cost of Goods Sold for the three months ended in Dec. 2023 was $5,155 Mil. Nippon Telegraph & Telephone's Average Total Inventories for the quarter that ended in Dec. 2023 was $3,843 Mil. Nippon Telegraph & Telephone's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nippon Telegraph & Telephone's Days Inventory for the three months ended in Dec. 2023 was 68.02.

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. Nippon Telegraph & Telephone's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.

Nippon Telegraph & Telephone Inventory Turnover Historical Data

The historical data trend for Nippon Telegraph & Telephone'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.

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Nippon Telegraph & Telephone Inventory Turnover Chart

Nippon Telegraph & Telephone Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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6.81

8.39

8.56

6.82

5.66

Nippon Telegraph & Telephone Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.50	1.40	1.28	1.27	1.34

Nippon Telegraph & Telephone Inventory Turnover Calculation

Nippon Telegraph & Telephone's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	20713.916	/ (	(3443.843	+	3870.959)	/	2 )
=	20713.916	/	3657.401
=	5.66

Nippon Telegraph & Telephone'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 )
=	5154.961	/ (	(3797.085	+	3888.062)	/	2 )
=	5154.961	/	3842.5735
=	1.34

Nippon Telegraph & Telephone (OTCPK:NPPXF) 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.

Nippon Telegraph & Telephone'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
	=	3842.5735	/	5154.961	*	365 / 4
	=	68.02

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.

Nippon Telegraph & Telephone'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 )
	=	3842.5735	/	23282.755
	=	0.17

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.

Nippon Telegraph & Telephone Inventory Turnover Related Terms

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Nippon Telegraph & Telephone (Nippon Telegraph & Telephone) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nippon Telegraph & Telephone Corp (OTCPK:NPPXF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

NTTYY:USA 9432:Japan NTT:Germany

Address

5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, JPN, 100-8116

Website

http://www.ntt.co.jp

NTT owns NTT DoCoMo, the largest wireless operator in Japan, with 87.5 million subscribers. It also owns NTT East and NTT West, the two regional incumbent fixed-line operators in Japan, with about 12.1 million traditional fixed-line and 23.5 million broadband lines (around 72% of which are wholesaled). The firm also provides IT and communications systems integration via NTT Communications and 52.4%-owned NTT Data.

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