Loginet Japan Co (SSE:9027) Inventory Turnover : 148.49 (As of Dec. 2023)

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What is Loginet Japan 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. Loginet Japan Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円18,116 Mil. Loginet Japan Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円122 Mil. Loginet Japan Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 148.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Loginet Japan Co's Days Inventory for the three months ended in Dec. 2023 was 0.61.

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. Loginet Japan Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Loginet Japan Co Inventory Turnover Historical Data

The historical data trend for Loginet Japan 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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Loginet Japan Co Inventory Turnover Chart

Loginet Japan Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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595.55

543.13

534.03

557.93

623.45

Loginet Japan Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															129.34	130.37	153.51	149.51	148.49

Loginet Japan Co Inventory Turnover Calculation

Loginet Japan Co's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	65853.746	/ (	(113.857	+	97.4)	/	2 )
=	65853.746	/	105.6285
=	623.45

Loginet Japan 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 )
=	18116	/ (	(115	+	129)	/	2 )
=	18116	/	122
=	148.49

Loginet Japan Co (SSE:9027) 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.

Loginet Japan 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
	=	122	/	18116	*	365 / 4
	=	0.61

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.

Loginet Japan 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 )
	=	122	/	20059
	=	0.01

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.

Loginet Japan Co Inventory Turnover Related Terms

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Loginet Japan Co (SSE:9027) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Loginet Japan Co Ltd (SSE:9027) » Definitions » Inventory Turnover

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Address

8th floor, 6 LNJ Sapporo Odori Park Building No. 2, Sapporo Odori Nishi 8-chome, Chuo-ku, Sapporo, JPN, 60-0042

Website

http://www.loginet-japan.com

Loginet Japan Co Ltd is a Japan-based company engaged in the logistic sector. The company offers logistics services, storage/warehousing service, and travel insurance services.

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