Mac House Co (TSE:7603) Inventory Turnover : 0.41 (As of Nov. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Mac House 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. Mac House Co's Cost of Goods Sold for the three months ended in Nov. 2023 was 円1,729 Mil. Mac House Co's Average Total Inventories for the quarter that ended in Nov. 2023 was 円4,197 Mil. Mac House Co's Inventory Turnover for the quarter that ended in Nov. 2023 was 0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mac House Co's Days Inventory for the three months ended in Nov. 2023 was 221.48.

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. Mac House Co's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 1.18.

Mac House Co Inventory Turnover Historical Data

The historical data trend for Mac House 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.

Mac House Co Inventory Turnover Chart

Mac House Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Inventory Turnover

Get a 7-Day Free Trial

1.85

2.38

2.36

2.46

2.34

Mac House Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Inventory Turnover	Get a 7-Day Free Trial															0.48	0.55	0.48	0.47	0.41

Mac House Co Inventory Turnover Calculation

Mac House Co's Inventory Turnover for the fiscal year that ended in Feb. 2023 is calculated as

	Inventory Turnover (A: Feb. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2023 )	/ (	(Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )
=	9594	/ (	(3847	+	4348)	/	2 )
=	9594	/	4097.5
=	2.34

Mac House Co's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

	Inventory Turnover (Q: Nov. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2023 )	/ (	(Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )
=	1729	/ (	(3778	+	4615)	/	2 )
=	1729	/	4196.5
=	0.41

Mac House Co (TSE:7603) 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.

Mac House Co's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2023 )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
	=	4196.5	/	1729	*	365 / 4
	=	221.48

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.

Mac House Co's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	4196.5	/	3558
	=	1.18

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.

Mac House Co Inventory Turnover Related Terms

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

Mac House Co (TSE:7603) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mac House Co Ltd (TSE:7603) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shin-KoenjiTwinBuilding, 1-7-7 Umesato, Suginami-ku, Tokyo, JPN, 166-0011

Website

http://www.mac-house.co.jp

Mac House Co., Ltd. is a retailer. The company focuses on casual clothing and operates a chain of stores worldwide. Some of its products include Jeans, Hat cap, Muffler, Belt, Sneakers, Socks, Sweater, Jackets, Inner shirts, Tops, Bottoms, Coats, Knit cardigan, and others.

Mac House Co (TSE:7603) Headlines

No Headlines