Hikari Tsushin (TSE:9435) Change In Inventory : 円-53 Mil (TTM As of Mar. 2024)

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What is Hikari Tsushin Change In Inventory?

Hikari Tsushin's change in inventory for the quarter that ended in Mar. 2024 was 円-131 Mil. It means Hikari Tsushin's inventory increased by 円131 Mil from Dec. 2023 to Mar. 2024 .

Hikari Tsushin's change in inventory for the fiscal year that ended in Mar. 2024 was 円-53 Mil. It means Hikari Tsushin's inventory increased by 円53 Mil from Mar. 2023 to Mar. 2024 .

Hikari Tsushin's Total Inventories for the quarter that ended in Mar. 2024 was 円2,290 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hikari Tsushin's Days Inventory for the quarter that ended in Mar. 2024 was 2.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hikari Tsushin's Inventory Turnover for the quarter that ended in Mar. 2024 was 30.81.

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. Hikari Tsushin's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Hikari Tsushin Change In Inventory Historical Data

The historical data trend for Hikari Tsushin'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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Hikari Tsushin Change In Inventory Chart

Hikari Tsushin Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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235.00

-26.00

-182.00

-1,090.00

-53.00

Hikari Tsushin 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															-1,244.00	235.00	158.00	-315.00	-131.00

Hikari Tsushin 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-53 Mil.

Hikari Tsushin (TSE:9435) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2481	/	76441	*	365 / 4
	=	2.96

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	76441	/	2481
	=	30.81

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2481	/	155260
	=	0.02

Hikari Tsushin Change In Inventory Related Terms

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Hikari Tsushin (TSE:9435) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hikari Tsushin Inc (TSE:9435) » Definitions » Change In Inventory

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Traded in Other Exchanges

HKTGF:USA HIK:Germany

Address

Hikari West Gate Building, 1-4-10, Nishi Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021

Website

http://www.hikari.co.jp

Hikari Tsushin Inc is a Japanese company that provides services such networking and automation products offers individual insurance plans for small and medium-size enterprises. The company has three reporting segments: corporate, shop and insurance. The corporate segment offers products such as Wi-Fi routers, SIM cards, water coolers and LED lighting. Revenue is evenly split between the corporate and shop segments with insurance adding a small portion. The company earns the vast majority of its revenue in Japan.

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