Sony Group (Sony Group) Inventory Turnover

: 1.50 (As of Dec. 2023)

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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. Sony Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $19,006 Mil. Sony Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $12,653 Mil. Sony Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sony Group's Days Inventory for the three months ended in Dec. 2023 was 60.75.

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. Sony Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.

Sony Group Inventory Turnover Historical Data

The historical data trend for Sony Group'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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Sony Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

9.08

9.94

10.93

9.21

6.85

Sony Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover																1.53	2.06	1.33	1.03	1.50

Sony Group Inventory Turnover Calculation

Sony Group'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 )
=	62836.008	/ (	(7370.772	+	10983.052)	/	2 )
=	62836.008	/	9176.912
=	6.85

Sony Group'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 )
=	19005.838	/ (	(13985.079	+	11320.107)	/	2 )
=	19005.838	/	12652.593
=	1.50

Sony Group (NYSE:SONY) 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.

Sony Group'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
	=	12652.593	/	19005.838	*	365 / 4
	=	60.75

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.

Sony Group'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 )
	=	12652.593	/	26027.837
	=	0.49

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.

Sony Group Inventory Turnover Related Terms

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Sony Group (Sony Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sony Group Corp (NYSE:SONY) » Definitions » Inventory Turnover

Traded in Other Exchanges

SNEJF:USA SONY:Mexico 6758:Japan SON1:Germany SNEC34:Brazil SON1:Austria

Address

7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075

Website

https://www.sony.com

Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.