Meiko Network Japan Co (TSE:4668) Change In Inventory : 円0 Mil (TTM As of Feb. 2024)

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What is Meiko Network Japan Co Change In Inventory?

Meiko Network Japan Co's change in inventory for the quarter that ended in Feb. 2024 was 円0 Mil. It means Meiko Network Japan Co's inventory stayed the same from Nov. 2023 to Feb. 2024 .

Meiko Network Japan Co's change in inventory for the fiscal year that ended in Aug. 2023 was 円-31 Mil. It means Meiko Network Japan Co's inventory increased by 円31 Mil from Aug. 2022 to Aug. 2023 .

Meiko Network Japan Co's Total Inventories for the quarter that ended in Feb. 2024 was 円157 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meiko Network Japan Co's Days Inventory for the quarter that ended in Feb. 2024 was 3.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meiko Network Japan Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 28.77.

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. Meiko Network Japan Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.02.

Meiko Network Japan Co Change In Inventory Historical Data

The historical data trend for Meiko Network Japan 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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Meiko Network Japan Co Change In Inventory Chart

Meiko Network Japan Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Inventory

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-25.00

-8.00

21.00

13.00

-31.00

Meiko Network Japan Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Meiko Network Japan 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円0 Mil.

Meiko Network Japan Co (TSE:4668) Change In Inventory Explanation

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

Meiko Network Japan 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
	=	147.5	/	4243	*	365 / 4
	=	3.17

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

Meiko Network Japan Co's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4243	/	147.5
	=	28.77

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.

Meiko Network Japan Co's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	147.5	/	5991
	=	0.02

Meiko Network Japan Co Change In Inventory Related Terms

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Meiko Network Japan Co (TSE:4668) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Meiko Network Japan Co Ltd (TSE:4668) » Definitions » Change In Inventory

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Address

7-20-1 Nishi-Shinjuku, 29th Floor/30th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Tokyo, JPN, 160-0023

Website

http://www.meikonet.co.jp

Meiko Network Japan Co Ltd provides educational services. The company's business is divided into Meiko Gijuku Business Activities which operates schools for children of all ages from elementary school to university entrance examination. Medical Cram School Business Activities include a school for medicine-related university entrance examination, and Other Business Activities comprises of Soccer schools for preschool children elementary and junior high school students, individual tutoring cram schools, extended-hours cram schools, and others.

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