Alphax Food System Co (TSE:3814) Inventory Turnover : 0.75 (As of Dec. 2023)

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What is Alphax Food System Co 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. Alphax Food System Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円236 Mil. Alphax Food System Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円314 Mil. Alphax Food System Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alphax Food System Co's Days Inventory for the three months ended in Dec. 2023 was 121.74.

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. Alphax Food System Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.80.

Alphax Food System Co Inventory Turnover Historical Data

The historical data trend for Alphax Food System Co'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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Alphax Food System Co Inventory Turnover Chart

Alphax Food System Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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2.81

2.98

2.83

3.84

3.73

Alphax Food System Co 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															0.73	0.76	0.56	1.12	0.75

Alphax Food System Co Inventory Turnover Calculation

Alphax Food System Co's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	1025.619	/ (	(250.753	+	298.729)	/	2 )
=	1025.619	/	274.741
=	3.73

Alphax Food System Co'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 )
=	235.632	/ (	(298.729	+	329.982)	/	2 )
=	235.632	/	314.3555
=	0.75

Alphax Food System Co (TSE:3814) 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.

Alphax Food System 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
	=	314.3555	/	235.632	*	365 / 4
	=	121.74

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.

Alphax Food System Co'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 )
	=	314.3555	/	392.013
	=	0.80

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.

Alphax Food System Co Inventory Turnover Related Terms

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Alphax Food System Co (TSE:3814) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alphax Food System Co LTD (TSE:3814) » Definitions » Inventory Turnover

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Address

128 Senzaki Sanyo Onoda, Yamaguchi Prefecture, Ube, JPN, 756-0039

Website

http://www.afs.co.jp

Alphax Food System Co LTD provides ASP intranet services through various mission-critical systems; engages in planning and selling system equipment; offers hardware and software maintenance services; and operates e-restaurant marketplace. It operates store chain systems and supply chain systems. It also provides magazine services to the information magazine service industry.

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