The Okinawa Electric Power Co (The Okinawa Electric Power Co) Inventory Turnover : 2.71 (As of Dec. 2023)

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What is The Okinawa Electric Power 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. The Okinawa Electric Power Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $382 Mil. The Okinawa Electric Power Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $141 Mil. The Okinawa Electric Power Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Okinawa Electric Power Co's Days Inventory for the three months ended in Dec. 2023 was 33.62.

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. The Okinawa Electric Power Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.

The Okinawa Electric Power Co Inventory Turnover Historical Data

The historical data trend for The Okinawa Electric Power 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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The Okinawa Electric Power Co Inventory Turnover Chart

The Okinawa Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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15.92

16.45

14.60

16.06

11.47

The Okinawa Electric Power 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															2.74	2.53	2.79	2.71	2.68

The Okinawa Electric Power Co Inventory Turnover Calculation

The Okinawa Electric Power Co's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	1554.626	/ (	(150.063	+	121.026)	/	2 )
=	1554.626	/	135.5445
=	11.47

The Okinawa Electric Power Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	381.514	/ (	(141.784	+	139.337)	/	2 )
=	381.514	/	140.5605
=	2.71

The Okinawa Electric Power Co (OTCPK:OKEPF) 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.

The Okinawa Electric Power Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	140.5605	/	381.514	*	365 / 4
	=	33.62

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.

The Okinawa Electric Power Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	140.5605	/	394.578
	=	0.36

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.

The Okinawa Electric Power Co Inventory Turnover Related Terms

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The Okinawa Electric Power Co (The Okinawa Electric Power Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » The Okinawa Electric Power Co Inc (OTCPK:OKEPF) » Definitions » Inventory Turnover

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9511:Japan

Address

5-2-1 Makiminato, Urasoe, JPN, 901-2602

Website

https://www.okiden.co.jp

The Okinawa Electric Power Co Inc, or OEPC, is the exclusive supplier of electric power throughout the Okinawa Prefecture at the southwestern tip of Japan. OEPC is involved in the generation, transmission, and distribution of electricity in the region. The company operates a portfolio of coal, natural gas, oil, solar, and wind power plants. OEPC's power-generating facilities that utilize fossil fuel inputs are responsible for almost all of the company's power production. Nearly all of OEPC's revenue is derived from the sale of electric energy in Okinawa. While the company's customers are mainly residential consumers, industrial users account for most of OEPC's electric energy sales in terms of volume and revenue.

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