Sougou Shouken Co (TSE:7850) Inventory Turnover : 3.22 (As of Jan. 2024)

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What is Sougou Shouken 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. Sougou Shouken Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円4,111 Mil. Sougou Shouken Co's Average Total Inventories for the quarter that ended in Jan. 2024 was 円1,276 Mil. Sougou Shouken Co's Inventory Turnover for the quarter that ended in Jan. 2024 was 3.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sougou Shouken Co's Days Inventory for the three months ended in Jan. 2024 was 28.33.

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. Sougou Shouken Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.20.

Sougou Shouken Co Inventory Turnover Historical Data

The historical data trend for Sougou Shouken 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.

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Sougou Shouken Co Inventory Turnover Chart

Sougou Shouken Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

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13.10

12.02

13.62

14.72

15.64

Sougou Shouken Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															2.80	2.62	2.26	2.63	3.22

Sougou Shouken Co Inventory Turnover Calculation

Sougou Shouken Co's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	11370.378	/ (	(693.404	+	760.623)	/	2 )
=	11370.378	/	727.0135
=	15.64

Sougou Shouken Co's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	4110.594	/ (	(1976.207	+	576.272)	/	2 )
=	4110.594	/	1276.2395
=	3.22

Sougou Shouken Co (TSE:7850) 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.

Sougou Shouken Co's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	1276.2395	/	4110.594	*	365 / 4
	=	28.33

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.

Sougou Shouken Co's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	1276.2395	/	6526.935
	=	0.20

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.

Sougou Shouken Co Inventory Turnover Related Terms

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Sougou Shouken Co (TSE:7850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sougou Shouken Co Ltd (TSE:7850) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

3-4-48 Higashi-Naebo2jo, Higashi-ku, Hokkaido, Sapporo, JPN, 007-0802

Website

http://www.shouken.co.jp

Sougou Shouken Co Ltd provides commercial printing services in Japan. It is engaged in planning, design, printing, and processing of leaflets, catalogs, posters, DMs, POPs, and publications. Its services include advertising inserts and flyers, POP advertising, Postures, and brochures, among others. It is also involved in printing new year cards and the production of the exhibition, seminar, and various promotional materials for event planning and sales promotion.

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