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Takashimaya Co (STU:TKM) Inventory Turnover : 1.38 (As of Feb. 2024)


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What is Takashimaya 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. Takashimaya Co's Cost of Goods Sold for the three months ended in Feb. 2024 was €349 Mil. Takashimaya Co's Average Total Inventories for the quarter that ended in Feb. 2024 was €252 Mil. Takashimaya Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 1.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Takashimaya Co's Days Inventory for the three months ended in Feb. 2024 was 65.95.

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. Takashimaya Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.31.


Takashimaya Co Inventory Turnover Historical Data

The historical data trend for Takashimaya 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.

* Premium members only.

Takashimaya Co Inventory Turnover Chart

Takashimaya Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.15 10.24 12.61 4.61 4.79

Takashimaya Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.32 1.08 1.20 1.05 1.38

Takashimaya Co Inventory Turnover Calculation

Takashimaya Co's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Inventory Turnover (A: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2024 ) / ((Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count )
=1162.215 / ((255.209 + 230.079) / 2 )
=1162.215 / 242.644
=4.79

Takashimaya Co's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover (Q: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2024 ) / ((Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count )
=349.276 / ((274.807 + 230.079) / 2 )
=349.276 / 252.443
=1.38

* 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.


Takashimaya Co  (STU:TKM) 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.

Takashimaya Co's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=252.443/349.276*365 / 4
=65.95

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.

Takashimaya Co's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=252.443 / 817.5
=0.31

* 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.


Takashimaya Co Inventory Turnover Related Terms

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Takashimaya Co (STU:TKM) Business Description

Traded in Other Exchanges
Address
No. 1 No. 5, Osaka Namba 5-chome, Chuo-ku, Osaka, JPN, 542-8510
Takashimaya Co Ltd is a Japanese company that operates department stores in Japan and overseas in Singapore and China. The company is involved in shopping-center development, consumer finance, and other businesses. The chain offers a wide variety of products: clothing, cosmetics, household goods, food products, restaurants, and services. The second core business is shopping-center development and management through Toshin development. Other group businesses include design and interior decoration, credit cards, dining and restaurants, advertising and publicity, personnel services and solutions, and insurance.

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