Shigematsu Works Co (TSE:7980) Inventory-to-Revenue : 1.34 (As of Dec. 2023)

Shigematsu Works Co Inventory-to-Revenue Chart

Shigematsu Works Co Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Inventory-to-Revenue		Get a 7-Day Free Trial					0.28	0.25	0.27	0.32	0.30

Shigematsu Works Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															1.25	1.02	1.46	1.34	1.34

Competitive Comparison of Shigematsu Works Co's Inventory-to-Revenue

For the Medical Instruments & Supplies subindustry, Shigematsu Works 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.

Shigematsu Works Co's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shigematsu Works Co's Inventory-to-Revenue distribution charts can be found below:

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

Shigematsu Works 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.

Shigematsu Works Co's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Shigematsu Works Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 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.

Shigematsu Works Co  (TSE:7980) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Shigematsu Works Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

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

Shigematsu Works Co's Inventory Turnover for the quarter that ended in Dec. 2023 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.

Shigematsu Works Co Inventory-to-Revenue Related Terms

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Shigematsu Works Co (TSE:7980) Business Description