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DesignOne Japan (TSE:6048) Inventory Turnover : 53.23 (As of Feb. 2024)


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What is DesignOne Japan 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. DesignOne Japan's Cost of Goods Sold for the three months ended in Feb. 2024 was 円190 Mil. DesignOne Japan's Average Total Inventories for the quarter that ended in Feb. 2024 was 円4 Mil. DesignOne Japan's Inventory Turnover for the quarter that ended in Feb. 2024 was 53.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DesignOne Japan's Days Inventory for the three months ended in Feb. 2024 was 1.71.

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. DesignOne Japan's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.01.


DesignOne Japan Inventory Turnover Historical Data

The historical data trend for DesignOne Japan'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.

DesignOne Japan Inventory Turnover Chart

DesignOne Japan Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.92 40.93 17.19 45.91 205.08

DesignOne Japan 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 47.05 53.29 47.10 51.03 53.23

DesignOne Japan Inventory Turnover Calculation

DesignOne Japan's Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Inventory Turnover (A: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2023 ) / ((Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count )
=652.769 / ((3.04 + 3.326) / 2 )
=652.769 / 3.183
=205.08

DesignOne Japan'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 )
=189.989 / ((3.924 + 3.215) / 2 )
=189.989 / 3.5695
=53.23

* 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.


DesignOne Japan  (TSE:6048) 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.

DesignOne Japan'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
=3.5695/189.989*365 / 4
=1.71

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.

DesignOne Japan'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 )
=3.5695 / 553.734
=0.01

* 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.


DesignOne Japan Inventory Turnover Related Terms

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DesignOne Japan (TSE:6048) Business Description

Traded in Other Exchanges
N/A
Address
7-5-25 Nishi Shinjuku, 8th Floor, Nishi Shinjuku Kimimaya Building, Shinjuku-ku, Tokyo, JPN, 160-0023
DesignOne Japan Inc is a Japan-based Internet media company mainly engaged in the operation of Local information word-of-mouth site named Ekiten. It operates Ekiten, a regional information site that offers store reviews/ranking; Ekiten Pro, an information provision site that allows viewers to post/search various information on masters, such as tax accountants, contractors, administrative scrivener; and a shop job recruitment/part time job search site.

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