Seiko Epson (Seiko Epson) Inventory Turnover : 0.59 (As of Dec. 2023)

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What is Seiko Epson 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. Seiko Epson's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,542 Mil. Seiko Epson's Average Total Inventories for the quarter that ended in Dec. 2023 was $2,609 Mil. Seiko Epson's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seiko Epson's Days Inventory for the three months ended in Dec. 2023 was 154.37.

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. Seiko Epson's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.06.

Seiko Epson Inventory Turnover Historical Data

The historical data trend for Seiko Epson'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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Seiko Epson Inventory Turnover Chart

Seiko Epson Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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2.79

2.86

2.62

2.42

2.34

Seiko Epson 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															0.61	0.56	0.51	0.53	0.59

Seiko Epson Inventory Turnover Calculation

Seiko Epson'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 )
=	6461.561	/ (	(2600.706	+	2913.815)	/	2 )
=	6461.561	/	2757.2605
=	2.34

Seiko Epson'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 )
=	1542.393	/ (	(2713.017	+	2505.544)	/	2 )
=	1542.393	/	2609.2805
=	0.59

Seiko Epson (OTCPK:SEKEY) 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.

Seiko Epson'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
	=	2609.2805	/	1542.393	*	365 / 4
	=	154.37

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.

Seiko Epson'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 )
	=	2609.2805	/	2455.649
	=	1.06

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.

Seiko Epson Inventory Turnover Related Terms

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Seiko Epson (Seiko Epson) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Seiko Epson Corp (OTCPK:SEKEY) » Definitions » Inventory Turnover

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Traded in Other Exchanges

SEKEF:USA 6724:Japan SE7:Germany SE7:Germany

Address

3-5 Owa 3-chome, Suwa, Nagano, JPN, 392-8502

Website

http://www.epson.jp

Seiko Epson Corp is a Japan-based electronics manufacturer of printers and imaging equipment. The firm's product portfolio includes inkjet, dot matrix, and laser printers, scanners, desktop computers, business, multimedia and home theatre projectors, large home theatre televisions, robots and industrial automation equipment, point of sale docket printers and cash registers, laptops, integrated circuits, and associated electronic components. The firm has operations in the Americas, Middle East and Africa, Australia, and Asia-Pacific regions.