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. Toyoda Gosei Co's Average Total Inventories for the quarter that ended in Mar. 2024 was $599 Mil. Toyoda Gosei Co's Revenue for the
three
months ended in Mar. 2024 was $1,781 Mil.
Toyoda Gosei Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.34.
Toyoda Gosei Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.32) to Dec. 2023 (0.34)
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.
Toyoda Gosei Co's Days Inventory for the
three
months ended in Mar. 2024 was 36.11.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Toyoda Gosei Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.53.
Toyoda Gosei Co Inventory-to-Revenue Historical Data
The historical data trend for Toyoda Gosei Co'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.
Competitive Comparison of Toyoda Gosei Co's Inventory-to-Revenue
For the Auto Parts subindustry, Toyoda Gosei Co'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.
Toyoda Gosei Co's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Toyoda Gosei Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Toyoda Gosei Co's Inventory-to-Revenue falls into.
Toyoda Gosei Co 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.
Toyoda Gosei Co'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.
Toyoda Gosei Co (OTCPK:TGOSY) 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.
Toyoda Gosei Co'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.
Toyoda Gosei Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Toyoda Gosei Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Toyoda Gosei Co (Toyoda Gosei Co) Business Description
Toyoda Gosei Co Ltd is a manufacturer of resins and rubber parts for automobiles. The company's products fall in three categories: automotive parts, LEDs, and general industry products. The automotive parts segment, making up the lion's share of Toyoda Gosei's generated revenue, produces weather strips, fuel tank and engine peripheral parts, chassis and drivetrain parts, interior and exterior parts, and safety systems such as airbags. In its other business segments, the company produces LEDs for crystal displays, LED light solutions and glass-encapsulated LEDs, air conditioning products, home construction components, and industrial and construction machinery parts.
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