People Co (TSE:7865) Inventory Turnover : 0.61 (As of Apr. 2024)

View and export this data going back to 1998. Start your Free Trial

What is People 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. People Co's Cost of Goods Sold for the three months ended in Apr. 2024 was 円194 Mil. People Co's Average Total Inventories for the quarter that ended in Apr. 2024 was 円320 Mil. People Co's Inventory Turnover for the quarter that ended in Apr. 2024 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. People Co's Days Inventory for the three months ended in Apr. 2024 was 150.32.

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. People Co's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.84.

People Co Inventory Turnover Historical Data

The historical data trend for People 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.

People Co Inventory Turnover Chart

People Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

Get a 7-Day Free Trial

6.62

6.99

9.02

10.54

7.88

People Co Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Inventory Turnover	Get a 7-Day Free Trial															1.16	1.82	3.10	1.75	0.61

People Co Inventory Turnover Calculation

People Co's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	3715.389	/ (	(664.869	+	278.23)	/	2 )
=	3715.389	/	471.5495
=	7.88

People Co's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

	Inventory Turnover (Q: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2024 )	/ (	(Total Inventories (Q: Jan. 2024 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )
=	194.263	/ (	(278.23	+	361.822)	/	2 )
=	194.263	/	320.026
=	0.61

People Co (TSE:7865) 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.

People Co's Days Inventory for the three months ended in Apr. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2024 )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
	=	320.026	/	194.263	*	365 / 4
	=	150.32

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.

People Co's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2024 )	/	Revenue (Q: Apr. 2024 )
	=	320.026	/	380.481
	=	0.84

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.

People Co Inventory Turnover Related Terms

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

People Co (TSE:7865) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » People Co Ltd (TSE:7865) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-15-5 Higashinihonbashi, Chuo-ku, Tokyo, JPN, 103-0004

Website

http://people-kk.co.jp

People Co Ltd is a Japan based company engaged in the planning, development and sales of toys, playthings, bicycles, furniture and consigned production.

People Co (TSE:7865) Headlines

No Headlines