GURUFOCUS.COM » STOCK LIST » Technology » Software » Thinca Co Ltd (TSE:149A) » Definitions » Inventory-to-Revenue

Thinca Co (TSE:149A) Inventory-to-Revenue : 0.09 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Thinca Co 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. Thinca Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円26.4 Mil. Thinca Co's Revenue for the three months ended in Mar. 2024 was 円292.0 Mil. Thinca Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.

Thinca Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.10) to Dec. 2023 (0.09)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thinca Co's Days Inventory for the three months ended in Mar. 2024 was 40.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thinca Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.24.


Thinca Co Inventory-to-Revenue Historical Data

The historical data trend for Thinca 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.

* Premium members only.

Thinca Co Inventory-to-Revenue Chart

Thinca Co Annual Data
Trend Dec21 Dec22 Dec23
Inventory-to-Revenue
0.02 0.02 0.02

Thinca Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24
Inventory-to-Revenue - - - 0.10 0.09

Competitive Comparison of Thinca Co's Inventory-to-Revenue

For the Software - Application subindustry, Thinca 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.


Thinca Co's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Thinca Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Thinca Co's Inventory-to-Revenue falls into.



Thinca 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.

Thinca Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (17.944 + 24.61) / 2 ) / 1040.169
=21.277 / 1040.169
=0.02

Thinca Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (24.61 + 28.194) / 2 ) / 291.968
=26.402 / 291.968
=0.09

* 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.


Thinca Co  (TSE:149A) 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.

Thinca Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=26.402/59.235*365 / 4
=40.67

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

Thinca Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=59.235 / 26.402
=2.24

* 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.


Thinca Co Inventory-to-Revenue Related Terms

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


Thinca Co (TSE:149A) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3-3 Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-0054
Website
Thinca Co Ltd is engaged in development and distribution of communication platform "KAICLOUD", and other related business.

Thinca Co (TSE:149A) Headlines

No Headlines