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W Tokyo (TSE:9159) Inventory Turnover : 218.84 (As of Jun. 2023)


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What is W Tokyo 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. W Tokyo's Cost of Goods Sold for the six months ended in Jun. 2023 was 円2,028 Mil. W Tokyo's Average Total Inventories for the quarter that ended in Jun. 2023 was 円9 Mil. W Tokyo's Inventory Turnover for the quarter that ended in Jun. 2023 was 218.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. W Tokyo's Days Inventory for the six months ended in Jun. 2023 was 0.83.

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. W Tokyo's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

W Tokyo Inventory Turnover Historical Data

The historical data trend for W Tokyo'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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W Tokyo Inventory Turnover Chart

W Tokyo Annual Data
Trend Jun21 Jun22 Jun23
Inventory Turnover
438.65 175.24 218.84

W Tokyo Semi-Annual Data
Jun21 Jun22 Jun23
Inventory Turnover 438.65 175.24 218.84

W Tokyo Inventory Turnover Calculation

W Tokyo's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=2027.964 / ((9.835 + 8.699) / 2 )
=2027.964 / 9.267
=218.84

W Tokyo's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=2027.964 / ((9.835 + 8.699) / 2 )
=2027.964 / 9.267
=218.84

* 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.

W Tokyo  (TSE:9159) 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.

W Tokyo's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=9.267/2027.964*365 / 2
=0.83

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.

W Tokyo's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=9.267 / 3616.175
=0.00

* 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.

W Tokyo Inventory Turnover Related Terms

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W Tokyo (TSE:9159) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » W Tokyo Inc (TSE:9159) » Definitions » Inventory Turnover
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TSE:6031 TSE:7857 TSE:7069 TSE:2122 TSE:9625 TSE:9211 TSE:2656 TSE:2436 TSE:2411 TSE:6185 XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751
Traded in Other Exchanges
N/A
Address
5-28-5 Jingumae, Shibuya-ku, W Building, Tokyo, JPN, 150-0001
Website
https://www.w-tokyo.co.jp
W Tokyo Inc is a branding and content production company that continues to create added value by making use of its unique production know-how, which has grown the Tokyo Girls Collection into Japan's largest platform. The company's services include the TGC production area, Content production and branding area, and Digital advertising area. The company's brands include TOKYO GIRLS COLLECTION, girls walker, VIRTUAL TGC, TGC AUDITION, TGC SCHOOL, TGC Teen, TGC CAMPUS, and others.

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