ONO Sokki Co (TSE:6858) Inventory Turnover : 0.58 (As of Mar. 2024)

View and export this data going back to 1983. Start your Free Trial

What is ONO Sokki 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. ONO Sokki Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,642 Mil. ONO Sokki Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円2,822 Mil. ONO Sokki Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ONO Sokki Co's Days Inventory for the three months ended in Mar. 2024 was 156.80.

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. ONO Sokki Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.93.

ONO Sokki Co Inventory Turnover Historical Data

The historical data trend for ONO Sokki 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.

ONO Sokki Co Inventory Turnover Chart

ONO Sokki Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.79

3.00

2.50

2.28

2.32

ONO Sokki Co 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															0.56	0.50	0.46	0.69	0.58

ONO Sokki Co Inventory Turnover Calculation

ONO Sokki Co'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 )
=	6247	/ (	(2561	+	2818)	/	2 )
=	6247	/	2689.5
=	2.32

ONO Sokki Co'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 )
=	1642	/ (	(2818	+	2825)	/	2 )
=	1642	/	2821.5
=	0.58

ONO Sokki Co (TSE:6858) 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.

ONO Sokki Co'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
	=	2821.5	/	1642	*	365 / 4
	=	156.80

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.

ONO Sokki Co'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 )
	=	2821.5	/	3024
	=	0.93

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.

ONO Sokki Co Inventory Turnover Related Terms

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

ONO Sokki Co (TSE:6858) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ONO Sokki Co Ltd (TSE:6858) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-9-3 Shin-Yokohama, Kohoku-ku, Yokohama, JPN, 222-8507

Website

http://www.onosokki.co.jp

ONO Sokki Co., Ltd. is engaged in the manufacturing and sales of electronic measuring instruments, applied electronic equipment, electronic control systems and related equipment. In addition, the company is involved in the sales of software for information processing systems and provision of engineering services. The company's products include digital measuring instruments, tachometer generators, data analyzers and test systems, torque meters, automobile manufacturing test systems, and industrial automatic systems.

ONO Sokki Co (TSE:6858) Headlines

No Headlines