Canon Marketing Japan (Canon Marketing Japan) Inventory Turnover : 2.61 (As of Mar. 2024)

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What is Canon Marketing Japan 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. Canon Marketing Japan's Cost of Goods Sold for the three months ended in Mar. 2024 was $707 Mil. Canon Marketing Japan's Average Total Inventories for the quarter that ended in Mar. 2024 was $271 Mil. Canon Marketing Japan's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canon Marketing Japan's Days Inventory for the three months ended in Mar. 2024 was 34.93.

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. Canon Marketing Japan's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.26.

Canon Marketing Japan Inventory Turnover Historical Data

The historical data trend for Canon Marketing Japan'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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Canon Marketing Japan Inventory Turnover Chart

Canon Marketing Japan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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12.69

11.98

11.01

9.69

10.01

Canon Marketing Japan Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.43	2.15	2.10	2.65	2.61

Canon Marketing Japan Inventory Turnover Calculation

Canon Marketing Japan's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	2812.729	/ (	(285.506	+	276.591)	/	2 )
=	2812.729	/	281.0485
=	10.01

Canon Marketing Japan's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	707.195	/ (	(276.591	+	264.807)	/	2 )
=	707.195	/	270.699
=	2.61

Canon Marketing Japan (OTCPK:CAMJF) 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.

Canon Marketing Japan'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
	=	270.699	/	707.195	*	365 / 4
	=	34.93

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.

Canon Marketing Japan's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	270.699	/	1049.442
	=	0.26

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.

Canon Marketing Japan Inventory Turnover Related Terms

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Canon Marketing Japan (Canon Marketing Japan) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Canon Marketing Japan Inc (OTCPK:CAMJF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

8060:Japan CNJ:Germany

Address

Canon S Tower, 16-6, Konan 2-Chome, Minato-ku, Tokyo, JPN, 108-8011

Website

http://canon.jp

Canon Marketing Japan Inc is in the business of distributing and selling Canon branded products and also provides marketing and other services. Its business segments are business solutions, Its solutions, imaging systems and industrial/medical. Its products and services include business use multifunctional products, commercial printing systems, laser printers, embedded software, system integration, digital cameras, interchangeable lenses, medical equipment and semi-conductor manufacturing equipment.

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