Katakura Industries Co (Katakura Industries Co) Inventory Turnover : 0.59 (As of Mar. 2024)

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What is Katakura Industries Co 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. Katakura Industries Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $45.5 Mil. Katakura Industries Co's Average Total Inventories for the quarter that ended in Mar. 2024 was $76.9 Mil. Katakura Industries Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Katakura Industries Co's Days Inventory for the three months ended in Mar. 2024 was 154.02.

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. Katakura Industries Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.09.

Katakura Industries Co Inventory Turnover Historical Data

The historical data trend for Katakura Industries Co'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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Katakura Industries Co Inventory Turnover Chart

Katakura Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.20

3.07

2.84

2.24

2.19

Katakura Industries Co 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															0.68	0.55	0.56	0.53	0.59

Katakura Industries Co Inventory Turnover Calculation

Katakura Industries Co'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 )
=	170.862	/ (	(74.973	+	81.135)	/	2 )
=	170.862	/	78.054
=	2.19

Katakura Industries Co'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 )
=	45.548	/ (	(81.135	+	72.621)	/	2 )
=	45.548	/	76.878
=	0.59

Katakura Industries Co (OTCPK:KKRAF) 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.

Katakura Industries 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
	=	76.878	/	45.548	*	365 / 4
	=	154.02

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.

Katakura Industries Co'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 )
	=	76.878	/	70.485
	=	1.09

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.

Katakura Industries Co Inventory Turnover Related Terms

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Katakura Industries Co (Katakura Industries Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Katakura Industries Co Ltd (OTCPK:KKRAF) » Definitions » Inventory Turnover

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3001:Japan

Address

6-4 Akashi-cho, Chuo-ku, Tokyo, JPN, 104-8312

Website

http://www.katakura.co.jp

Katakura Industries Co Ltd is a Japan-based company. It operates in five business divisions including textile, pharmaceutical, machinery related, real estate and other business. Its textile business includes clothing items and brand licenses including innerwear and legwear. The pharmaceutical business offers medicines centered on cardiac drugs and vitamin drugs. Machinery business is engaged in developing and proposing various products corresponding to environment-oriented based on cultivated technology. Real estate business is engaged in developing and leasing shopping centers, and comprehensive model home park sites. Katakura is also engaged in the production and sale of honey bees for breeding, agrochemicals, and sale of honey produced.

Katakura Industries Co (Katakura Industries Co) Headlines

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