Daiwa Computer Co (TSE:3816) Inventory Turnover

: 1,038.11 (As of Jan. 2024)

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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. Daiwa Computer Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円556 Mil. Daiwa Computer Co's Average Total Inventories for the quarter that ended in Jan. 2024 was 円1 Mil. Daiwa Computer Co's Inventory Turnover for the quarter that ended in Jan. 2024 was 1,038.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daiwa Computer Co's Days Inventory for the three months ended in Jan. 2024 was 0.09.

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. Daiwa Computer Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.00.

Daiwa Computer Co Inventory Turnover Historical Data

The historical data trend for Daiwa Computer 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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Daiwa Computer Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

66.39

52.31

60.44

152.95

2,920.16

Daiwa Computer Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover																1,688.40	289.42	291.97	617.94	1,038.11

Daiwa Computer Co Inventory Turnover Calculation

Daiwa Computer Co's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	2044.114	/ (	(0.324	+	1.076)	/	2 )
=	2044.114	/	0.7
=	2,920.16

Daiwa Computer Co's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	556.429	/ (	(0.579	+	0.493)	/	2 )
=	556.429	/	0.536
=	1,038.11

Daiwa Computer Co (TSE:3816) 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.

Daiwa Computer Co's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	0.536	/	556.429	*	365 / 4
	=	0.09

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.

Daiwa Computer Co's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	0.536	/	820.122
	=	0.00

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.

Daiwa Computer Co Inventory Turnover Related Terms

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Daiwa Computer Co (TSE:3816) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Daiwa Computer Co Ltd (TSE:3816) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

36-18, Wakamatsu-Cho, Takatsuki-Shi, Osaka, JPN, 569-0054

Website

http://www.daiwa-computer.co.jp

Daiwa Computer Co Ltd is engaged in designing business applications, web-related system, software development, operation support, system consulting, related equipment sales, development and sale of packaged software, consulting, SaaS/ASP service. It also engaged in the production, processing, and sale of agricultural crops.

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