Meiji Holdings Co (Meiji Holdings Co) Change In Inventory : $12 Mil (TTM As of Mar. 2024)

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What is Meiji Holdings Co Change In Inventory?

Meiji Holdings Co's change in inventory for the quarter that ended in Mar. 2024 was $-2 Mil. It means Meiji Holdings Co's inventory increased by $2 Mil from Dec. 2023 to Mar. 2024 .

Meiji Holdings Co's change in inventory for the fiscal year that ended in Mar. 2024 was $13 Mil. It means Meiji Holdings Co's inventory declined by $13 Mil from Mar. 2023 to Mar. 2024 .

Meiji Holdings Co's Total Inventories for the quarter that ended in Mar. 2024 was $1,331 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meiji Holdings Co's Days Inventory for the quarter that ended in Mar. 2024 was 96.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meiji Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.95.

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. Meiji Holdings Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.75.

Meiji Holdings Co Change In Inventory Historical Data

The historical data trend for Meiji Holdings Co's Change In Inventory 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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Meiji Holdings Co Change In Inventory Chart

Meiji Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-80.67

-87.91

-47.00

-102.65

13.08

Meiji Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-19.73	-46.75	24.90	36.28	-2.26

Meiji Holdings Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $12 Mil.

Meiji Holdings Co (OTCPK:MEJHY) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Meiji Holdings Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1356.2555	/	1286.896	*	365 / 4
	=	96.17

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

Meiji Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1286.896	/	1356.2555
	=	0.95

3. 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.

Meiji Holdings Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1356.2555	/	1818.806
	=	0.75

Meiji Holdings Co Change In Inventory Related Terms

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Meiji Holdings Co (Meiji Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Meiji Holdings Co Ltd (OTCPK:MEJHY) » Definitions » Change In Inventory

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Traded in Other Exchanges

2269:Japan

Address

4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-0031

Website

http://www.meiji.com

Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan's aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group's sales and profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Meiji is looking to step up overseas expansion of the food business, particularly in China, which will serve as a key growth driver over the medium term.

Meiji Holdings Co (Meiji Holdings Co) Headlines

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