Edge Technology (TSE:4268) Inventory Turnover

: 6,109.22 (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. Edge Technology's Cost of Goods Sold for the three months ended in Jan. 2024 was 円538 Mil. Edge Technology's Average Total Inventories for the quarter that ended in Jan. 2024 was 円0 Mil. Edge Technology's Inventory Turnover for the quarter that ended in Jan. 2024 was 6,109.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Edge Technology's Days Inventory for the three months ended in Jan. 2024 was 0.01.

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. Edge Technology's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.00.

Edge Technology Inventory Turnover Historical Data

The historical data trend for Edge Technology'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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Edge Technology Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Inventory Turnover

11,542.67

8,919.62

9,838.70

13,976.85

Edge Technology Quarterly Data
	Apr20	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial							4,793.85	5,965.74	4,308.71	4,524.83	6,109.22

Edge Technology Inventory Turnover Calculation

Edge Technology's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Inventory Turnover (A: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2023 )	/ (	(Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )
=	1823.979	/ (	(0.175	+	0.086)	/	2 )
=	1823.979	/	0.1305
=	13,976.85

Edge Technology'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 )
=	537.611	/ (	(0.092	+	0.084)	/	2 )
=	537.611	/	0.088
=	6,109.22

Edge Technology (TSE:4268) 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.

Edge Technology'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
	=	0.088	/	537.611	*	365 / 4
	=	0.01

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.

Edge Technology'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 )
	=	0.088	/	767.61
	=	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.

Edge Technology Inventory Turnover Related Terms

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Edge Technology (TSE:4268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edge Technology Inc (TSE:4268) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

1-32-7 Kanda Sudacho, Cress Real Estate Kanda Building 5th Floor, Tokyo, JPN

Website

https://www.edge-tech.co.jp

Edge Technology Inc is engaged in the AI implementation support and big data analysis consulting business.

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