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Wacoal Holdings (Wacoal Holdings) Inventory Turnover : 0.37 (As of Dec. 2023)


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What is Wacoal Holdings 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. Wacoal Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $142 Mil. Wacoal Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $379 Mil. Wacoal Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wacoal Holdings's Days Inventory for the three months ended in Dec. 2023 was 243.80.

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. Wacoal Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.18.


Wacoal Holdings Inventory Turnover Historical Data

The historical data trend for Wacoal Holdings'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.

Wacoal Holdings Inventory Turnover Chart

Wacoal Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 2.01 1.56 1.64 1.56

Wacoal Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.38 0.37 0.36 0.37

Wacoal Holdings Inventory Turnover Calculation

Wacoal Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=614.891 / ((387.308 + 401.902) / 2 )
=614.891 / 394.605
=1.56

Wacoal Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=141.685 / ((381.122 + 375.972) / 2 )
=141.685 / 378.547
=0.37

* 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.


Wacoal Holdings  (OTCPK:WACLY) 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.

Wacoal Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=378.547/141.685*365 / 4
=243.80

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.

Wacoal Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=378.547 / 321.409
=1.18

* 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.


Wacoal Holdings Inventory Turnover Related Terms

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Wacoal Holdings (Wacoal Holdings) Business Description

Traded in Other Exchanges
Address
29, Nakajima-cho, Kisshoin, Minami-ku, Kyoto, JPN, 601-8530
Wacoal Holdings Corp primarily manufactures and sells women's intimate apparel under the Wacoal brand. Roughly three fourths of its sales are from women's foundation garments and lingerie, which includes brassieres, girdles, slips, and women's briefs. Other innerwear includes nightwear, hosiery, and children's underwear. Remaining sales consist of outerwear and sportswear, textile products, and nonapparel businesses. Wacoal sells most of its apparel wholesale to department stores and other retailers. Less than a fourth of its apparel sales are direct to the customer via its retail stores, catalog sales, and internet orders. The vast majority of Wacoal's sales are in Japan. It also has sales in China, Europe, and the United States.

Wacoal Holdings (Wacoal Holdings) Headlines

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