GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Japan Steel Works Ltd (OTCPK:JPSWY) » Definitions » Inventory-to-Revenue

The Japan Steel Works (The Japan Steel Works) Inventory-to-Revenue : 1.64 (As of Dec. 2023)


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

What is The Japan Steel Works Inventory-to-Revenue?

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. The Japan Steel Works's Average Total Inventories for the quarter that ended in Dec. 2023 was $725 Mil. The Japan Steel Works's Revenue for the three months ended in Dec. 2023 was $442 Mil. The Japan Steel Works's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.64.

The Japan Steel Works's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.86) to Sep. 2023 (1.64)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Japan Steel Works's Days Inventory for the three months ended in Dec. 2023 was 194.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Japan Steel Works's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.47.


The Japan Steel Works Inventory-to-Revenue Historical Data

The historical data trend for The Japan Steel Works'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.

The Japan Steel Works Inventory-to-Revenue Chart

The Japan Steel Works Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.32 0.35 0.34 0.37

The Japan Steel Works 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 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 1.53 1.21 1.78 1.86 1.64

Competitive Comparison of The Japan Steel Works's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, The Japan Steel Works'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.


The Japan Steel Works's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Japan Steel Works's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where The Japan Steel Works's Inventory-to-Revenue falls into.



The Japan Steel Works Inventory-to-Revenue Calculation

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.

The Japan Steel Works'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 )
=( (628.982 + 678.955) / 2 ) / 1785.974
=653.9685 / 1785.974
=0.37

The Japan Steel Works'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 )
=( (695.607 + 754.451) / 2 ) / 442.439
=725.029 / 442.439
=1.64

* 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.


The Japan Steel Works  (OTCPK:JPSWY) 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.

The Japan Steel Works'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
=725.029/340.238*365 / 4
=194.45

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

The Japan Steel Works'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 )
=340.238 / 725.029
=0.47

* 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.


The Japan Steel Works Inventory-to-Revenue Related Terms

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


The Japan Steel Works (The Japan Steel Works) Business Description

Traded in Other Exchanges
Address
Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032
The Japan Steel Works Ltd is a Japan-based company that primarily operates through two segments. The steel and energy products segment provides steel components for turbine shafts, steel components for nuclear reactors, steel casting for power plant turbines, oil refining equipment, high-pressure steel tankers, wind turbine systems, and various other steel products. The industrial machinery products segment offers polyolefin pelletizers, injection molding machines, extruders, film and sheet machines, blow molding machines, defense equipment, and other industrial machinery and related services and solutions. The company generates the majority of its sales from Japan and China.

The Japan Steel Works (The Japan Steel Works) Headlines