Yokogawa Electric (Yokogawa Electric) Inventory Turnover : 1.27 (As of Dec. 2023)

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What is Yokogawa Electric 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. Yokogawa Electric's Cost of Goods Sold for the three months ended in Dec. 2023 was $487 Mil. Yokogawa Electric's Average Total Inventories for the quarter that ended in Dec. 2023 was $384 Mil. Yokogawa Electric's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yokogawa Electric's Days Inventory for the three months ended in Dec. 2023 was 71.97.

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. Yokogawa Electric's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.40.

Yokogawa Electric Inventory Turnover Historical Data

The historical data trend for Yokogawa Electric'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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Yokogawa Electric Inventory Turnover Chart

Yokogawa Electric Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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6.24

5.72

5.30

5.20

5.24

Yokogawa Electric Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.53	1.20	1.27	1.27	1.41

Yokogawa Electric Inventory Turnover Calculation

Yokogawa Electric's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	1904.042	/ (	(362.139	+	365.202)	/	2 )
=	1904.042	/	363.6705
=	5.24

Yokogawa Electric'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 )
=	487	/ (	(381.494	+	386.696)	/	2 )
=	487	/	384.095
=	1.27

Yokogawa Electric (OTCPK:YOKEY) 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.

Yokogawa Electric'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
	=	384.095	/	487	*	365 / 4
	=	71.97

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.

Yokogawa Electric'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 )
	=	384.095	/	962.561
	=	0.40

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.

Yokogawa Electric Inventory Turnover Related Terms

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Yokogawa Electric (Yokogawa Electric) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yokogawa Electric Corp (OTCPK:YOKEY) » Definitions » Inventory Turnover

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Traded in Other Exchanges

6841:Japan YKE:Germany

Address

2-9-32 Nakacho, Musashino-shi, Tokyo, JPN, 180-8750

Website

http://www.yokogawa.com

Yokogawa Electric Corporation offers systems and solutions for measurement, control, and information technologies. Software, data acquisition instruments, field instruments, and other components compose a diverse product portfolio and allow the company to reach various customers involved in different end-markets. Essentially, the company helps link plant operations and corporate management. It has three business segments: industrial automation (majority of total revenue), control, test and measurement, and aviation and other businesses. In addition to its product offerings, Yokogawa offers consulting and execution services to supply customers with resources to make timely operating decisions. The majority of sales derive from Asia, with Japan being a key region for the company.

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