East Japan Railway Co (East Japan Railway Co) Inventory-to-Revenue

: 0.24 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

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. East Japan Railway Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,161 Mil. East Japan Railway Co's Revenue for the three months ended in Dec. 2023 was $4,870 Mil. East Japan Railway Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.24.

East Japan Railway Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 stayed the same from Sep. 2023 (0.24) to Sep. 2023 (0.24)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. East Japan Railway Co's Days Inventory for the three months ended in Dec. 2023 was 34.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. East Japan Railway Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.62.

East Japan Railway Co Inventory-to-Revenue Historical Data

The historical data trend for East Japan Railway Co's Inventory-to-Revenue 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.

East Japan Railway Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory-to-Revenue

Get a 7-Day Free Trial

0.02

0.05

East Japan Railway Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.23	0.21	0.23	0.24	0.24

Competitive Comparison

For the Railroads subindustry, East Japan Railway Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

East Japan Railway Co Inventory-to-Revenue Distribution

For the Transportation industry and Industrials sector, East Japan Railway Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where East Japan Railway Co's Inventory-to-Revenue falls into.

East Japan Railway Co Inventory-to-Revenue Calculation

East Japan Railway Co's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory-to-Revenue (A: Mar. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )
=	( (946.378	+	1014.991)	/	2 )	/	17996.862
=	980.6845					/	17996.862
=	0.05

East Japan Railway Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (1108.445	+	1213.718)	/	2 )	/	4870.021
=	1161.0815					/	4870.021
=	0.24

East Japan Railway Co (OTCPK:EJPRY) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

East Japan Railway Co'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
	=	1161.0815	/	3044.599	*	365 / 4
	=	34.80

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

East Japan Railway Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	3044.599	/	1161.0815
	=	2.62

East Japan Railway Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of East Japan Railway Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

East Japan Railway Co (East Japan Railway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » East Japan Railway Co (OTCPK:EJPRY) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

9020:Japan EJR0:Germany EJR:Germany EJR:Germany

Address

2-2, Yoyogi 2-chome, Shibuya-ku, Tokyo, JPN, 151-8578

Website

http://www.jreast.co.jp

East Japan Railway Company, or JR East, is the largest railway operator in Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987, though it wasn't fully privatized until 2002. It runs both long distance bullet trains, known as Shinkansen, and shorter municipal train routes around and from Tokyo. Its 7,400 kilometers of rail track covers half of Japan's population and a third of the country's land area. Two thirds of revenue is from transportation, with most of the rest from retail operations and real estate investments.