Institution for a Global Society (TSE:4265) Inventory Turnover : 6.99 (As of Dec. 2023)

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What is Institution for a Global Society 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. Institution for a Global Society's Cost of Goods Sold for the three months ended in Dec. 2023 was 円82.3 Mil. Institution for a Global Society's Average Total Inventories for the quarter that ended in Dec. 2023 was 円11.8 Mil. Institution for a Global Society's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Institution for a Global Society's Days Inventory for the three months ended in Dec. 2023 was 13.06.

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. Institution for a Global Society's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

Institution for a Global Society Inventory Turnover Historical Data

The historical data trend for Institution for a Global Society'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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Institution for a Global Society Inventory Turnover Chart

Institution for a Global Society Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

300.21

Institution for a Global Society Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial							88.19	93.92	10.28	10.25	6.99

Institution for a Global Society Inventory Turnover Calculation

Institution for a Global Society's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	195.138	/ (	(0	+	0.65)	/	1 )
=	195.138	/	0.65
=	300.21

Institution for a Global Society'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 )
=	82.25	/ (	(5.09	+	18.449)	/	2 )
=	82.25	/	11.7695
=	6.99

Institution for a Global Society (TSE:4265) 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.

Institution for a Global Society'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
	=	11.7695	/	82.25	*	365 / 4
	=	13.06

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.

Institution for a Global Society'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 )
	=	11.7695	/	175.706
	=	0.07

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.

Institution for a Global Society Inventory Turnover Related Terms

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Institution for a Global Society (TSE:4265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Institution for a Global Society Corp (TSE:4265) » Definitions » Inventory Turnover

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Address

4th Floor, 1-11-2, Ebisu Minami, Shibuya-ku, Tokyo, JPN, 150-0022

Website

https://www.i-globalsociety.com

Institution for a Global Society Corp is a people analytics company engaged in identification, recruitment and development of human capital. The company's predictive analytics software has been adopted by a wide range of organizations, including educational institutions, multinational corporations, international institutions and government agencies.

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