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Kitz (TSE:6498) Change In Inventory : 円-1,046 Mil (TTM As of Mar. 2024)


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What is Kitz Change In Inventory?

Kitz's change in inventory for the quarter that ended in Mar. 2024 was 円-702 Mil. It means Kitz's inventory increased by 円702 Mil from Dec. 2023 to Mar. 2024 .

Kitz's change in inventory for the fiscal year that ended in Dec. 2022 was 円-4,594 Mil. It means Kitz's inventory increased by 円4,594 Mil from Dec. 2021 to Dec. 2022 .

Kitz's Total Inventories for the quarter that ended in Mar. 2024 was 円38,519 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kitz's Days Inventory for the quarter that ended in Mar. 2024 was 115.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kitz's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.79.

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. Kitz's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.94.

Kitz Change In Inventory Historical Data

The historical data trend for Kitz'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.

Kitz Change In Inventory Chart

Kitz Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,961.00 -2,404.00 357.00 -3,740.00 -4,594.00

Kitz 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 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 -2,353.00 478.00 -1,438.00 616.00 -702.00

Kitz 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 円-1,046 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.

Kitz  (TSE:6498) Change In Inventory Explanation

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

Kitz's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=37782/29885*365 / 4
=115.36

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=29885 / 37782
=0.79

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=37782 / 40211
=0.94

* 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.

Kitz Change In Inventory Related Terms

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Kitz (TSE:6498) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kitz Corp (TSE:6498) » Definitions » Change In Inventory
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Traded in Other Exchanges
N/A
Address
1-10-1 Nakase Mihama-ku, Chiba, JPN, 2618577
Website
http://www.kitz.co.jp
Kitz Corp is a Japan-based company that operates through segments namely valve manufacturing business in which the company manufactures and sells valves, fittings, water purifiers, and industrial filters. the brass manufacturing business involves manufacturing and selling of brass rods for machined or forged products. The company's products consist of brass, cast iron, ductile iron, strainer, bronze, and others. It generates a majority of its revenue from the Valve manufacturing business.

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