CEL (TSE:5078) Inventory Turnover : 2.12 (As of Feb. 2024)

View and export this data going back to 2022. Start your Free Trial

What is CEL 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. CEL's Cost of Goods Sold for the three months ended in Feb. 2024 was 円4,637 Mil. CEL's Average Total Inventories for the quarter that ended in Feb. 2024 was 円2,185 Mil. CEL's Inventory Turnover for the quarter that ended in Feb. 2024 was 2.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CEL's Days Inventory for the three months ended in Feb. 2024 was 43.00.

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. CEL's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.38.

CEL Inventory Turnover Historical Data

The historical data trend for CEL'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.

CEL Inventory Turnover Chart

CEL Annual Data

Trend

Feb20

Feb21

Feb22

Feb23

Feb24

Inventory Turnover

11.40

11.89

5.33

4.98

7.55

CEL Quarterly Data
	Feb20	Feb21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial							1.52	2.48	2.62	2.79	2.12

CEL Inventory Turnover Calculation

CEL'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 )
=	19140.785	/ (	(2503.88	+	2565.948)	/	2 )
=	19140.785	/	2534.914
=	7.55

CEL'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 )
=	4636.533	/ (	(1803.475	+	2565.948)	/	2 )
=	4636.533	/	2184.7115
=	2.12

CEL (TSE:5078) 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.

CEL'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
	=	2184.7115	/	4636.533	*	365 / 4
	=	43.00

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.

CEL'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 )
	=	2184.7115	/	5717.276
	=	0.38

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.

CEL Inventory Turnover Related Terms

Thank you for viewing the detailed overview of CEL's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

CEL (TSE:5078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CEL Corp (TSE:5078) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7-1 Kyobashi, Mutual Building 110 Tower 5th floor, Chuo-ku, Tokyo, JPN

Website

https://www.cel-co.com

CEL Corp is engaged in the rental housing business that provides apartment management proposals, apartment designs and apartment construction management services, rental housing development business, and rental management business entrusted with apartment management.

CEL (TSE:5078) Headlines

No Headlines