GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Meiji Holdings Co Ltd (STU:3M0) » Definitions » Change In Inventory

Meiji Holdings Co (STU:3M0) Change In Inventory : €-19 Mil (TTM As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Meiji Holdings Co Change In Inventory?

Meiji Holdings Co's change in inventory for the quarter that ended in Dec. 2024 was €115 Mil. It means Meiji Holdings Co's inventory declined by €115 Mil from Sep. 2024 to Dec. 2024 .

Meiji Holdings Co's change in inventory for the fiscal year that ended in Mar. 2024 was €12 Mil. It means Meiji Holdings Co's inventory declined by €12 Mil from Mar. 2023 to Mar. 2024 .

Meiji Holdings Co's Total Inventories for the quarter that ended in Dec. 2024 was €1,293 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 Dec. 2024 was 90.54.

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 Dec. 2024 was 1.01.

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. Meiji Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.71.


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.

* Premium members only.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only -73.00 -73.85 -42.68 -95.88 12.03

Meiji Holdings Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.27 -2.08 -67.19 -64.76 115.31

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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-19 Mil.

* 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.


Meiji Holdings Co  (STU:3M0) 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
=1353.544/1364.102*365 / 4
=90.54

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 Dec. 2024 is calculated as

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 Dec. 2024 is calculated as

* 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.


Meiji Holdings Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Meiji Holdings Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Meiji Holdings Co Business Description

Traded in Other Exchanges
Address
4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-0031
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 70% of profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, comprise merely 6.5% of the group sales are in red due to a surge in investment in China's new factories and fierce price competition initiated by Chinese dairy makers.

Meiji Holdings Co Headlines

No Headlines