Cookpad (TSE:2193) Inventory Turnover : 0.72 (As of Mar. 2024)

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What is Cookpad 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. Cookpad's Cost of Goods Sold for the three months ended in Mar. 2024 was 円8 Mil. Cookpad's Average Total Inventories for the quarter that ended in Mar. 2024 was 円11 Mil. Cookpad's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cookpad's Days Inventory for the three months ended in Mar. 2024 was 126.15.

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. Cookpad's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

Cookpad Inventory Turnover Historical Data

The historical data trend for Cookpad'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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Cookpad Inventory Turnover Chart

Cookpad Annual Data

Trend

Apr14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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9.55

14.65

11.29

7.87

8.49

Cookpad 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															2.52	1.89	2.79	0.65	0.72

Cookpad Inventory Turnover Calculation

Cookpad'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 )
=	316.874	/ (	(63.178	+	11.506)	/	2 )
=	316.874	/	37.342
=	8.49

Cookpad'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 )
=	8.194	/ (	(11.506	+	11.15)	/	2 )
=	8.194	/	11.328
=	0.72

Cookpad (TSE:2193) 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.

Cookpad'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
	=	11.328	/	8.194	*	365 / 4
	=	126.15

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.

Cookpad'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 )
	=	11.328	/	1539.397
	=	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.

Cookpad Inventory Turnover Related Terms

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Cookpad (TSE:2193) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cookpad Inc (TSE:2193) » Definitions » Inventory Turnover

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CKPDY:USA

Address

Shirokanedai Bldg 5F 5-12-7 MG, Shirokanedai, Minato-ku, JPN

Website

http://info.cookpad.com

Cookpad Inc is a Japanese Internet company that specializes in the sharing of user-created food recipes. The company operates Cookpad, Japan's largest recipe-sharing site, which allows users to upload and browse recipes. While the Cookpad site is the company's largest segment, it also offers various services to its online users, such as professional recipes, discussion boards, cooking lessons, weight-loss advice, and home food-delivery services. In 2014, the company expanded outside of Japan, where it still generates the majority of its revenue. Cookpad now also operates in Indonesia, the Philippines, South America, the United States, and the United Kingdom.

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