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NTT Urban Development (NTT Urban Development) Inventory Turnover : 0.33 (As of Sep. 2018)


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What is NTT Urban Development 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. NTT Urban Development's Cost of Goods Sold for the three months ended in Sep. 2018 was $238 Mil. NTT Urban Development's Average Total Inventories for the quarter that ended in Sep. 2018 was $712 Mil. NTT Urban Development's Inventory Turnover for the quarter that ended in Sep. 2018 was 0.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NTT Urban Development's Days Inventory for the three months ended in Sep. 2018 was 272.84.

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. NTT Urban Development's Inventory-to-Revenue for the quarter that ended in Sep. 2018 was 1.89.


NTT Urban Development Inventory Turnover Historical Data

The historical data trend for NTT Urban Development'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.

* Premium members only.

NTT Urban Development Inventory Turnover Chart

NTT Urban Development Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.18 1.11 1.17 1.35

NTT Urban Development Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.36 0.47 0.20 0.33

NTT Urban Development Inventory Turnover Calculation

NTT Urban Development's Inventory Turnover for the fiscal year that ended in Mar. 2018 is calculated as

Inventory Turnover (A: Mar. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2018 ) / ((Total Inventories (A: Mar. 2017 ) + Total Inventories (A: Mar. 2018 )) / count )
=1093.658 / ((831.269 + 793.574) / 2 )
=1093.658 / 812.4215
=1.35

NTT Urban Development's Inventory Turnover for the quarter that ended in Sep. 2018 is calculated as

Inventory Turnover (Q: Sep. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2018 ) / ((Total Inventories (Q: Jun. 2018 ) + Total Inventories (Q: Sep. 2018 )) / count )
=237.989 / ((734.056 + 689.106) / 2 )
=237.989 / 711.581
=0.33

* 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.


NTT Urban Development  (OTCPK:NTUBF) 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.

NTT Urban Development's Days Inventory for the three months ended in Sep. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2018 )/Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=711.581/237.989*365 / 4
=272.84

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.

NTT Urban Development's Inventory to Revenue for the quarter that ended in Sep. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=711.581 / 376.458
=1.89

* 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.


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.


NTT Urban Development Inventory Turnover Related Terms

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NTT Urban Development (NTT Urban Development) Business Description

Traded in Other Exchanges
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Address
NTT Urban Development Corp is a real estate company located in Japan. Its business activities include acquisition, disposition and management of real estate, construction and sale of residences, information gathering, management and research related to civil engineering, construction and real estate and real estate leasing, brokerage and appraisal. The company's global business is centered around United Kingdom, United States, Asia and Oceania region.

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