Good Speed Co (TSE:7676) Total Inventories : 円13,382 Mil (As of Mar. 2024)

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What is Good Speed Co Total Inventories?

Good Speed Co's total inventories for the quarter that ended in Mar. 2024 was 円13,382 Mil. Good Speed Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was 円12,682 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Good Speed Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-6,221.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Good Speed Co's Days Inventory for the three months ended in Mar. 2024 was 79.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Good Speed Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.15.

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. Good Speed Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.78.

Good Speed Co Total Inventories Historical Data

The historical data trend for Good Speed Co's Total Inventories 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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Good Speed Co Total Inventories Chart

Good Speed Co Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Inventories

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5,192.57

6,885.93

8,090.09

12,564.36

14,867.43

Good Speed Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															13,422.61	14,483.05	14,867.43	11,981.58	13,381.53

Good Speed Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Good Speed Co (TSE:7676) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Good Speed Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1668.232	+	0.75 * 2819.762	+	0.5 * 13381.53	-	34013.049
-	0	-	0)	/	3.78344
=	-6,221.65

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Good Speed Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	12681.5555	/	14563.667	*	365 / 4
	=	79.46

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Good Speed Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	14563.667	/	12681.5555
	=	1.15

4. 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.

Good Speed Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	12681.5555	/	16326.49
	=	0.78

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Good Speed Co Total Inventories Related Terms

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Good Speed Co (TSE:7676) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Good Speed Co Ltd (TSE:7676) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

2-28-23 Izumi, Higashi-ku, Takatake KANAME Building 8th Floor, Nagoya, JPN, 461-0001

Website

https://goodspeed-group.co.jp

Good Speed Co Ltd is a Japanese based company primarily involved in the automobile sector. The business activities of the group include sales of used cars, sales of parts and supplies, repair and inspection of automobiles, car rental business and others.

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