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ITO EN (TSE:2593) Inventory-to-Revenue : 0.46 (As of Oct. 2024)


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What is ITO EN Inventory-to-Revenue?

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. ITO EN's Average Total Inventories for the quarter that ended in Oct. 2024 was 円58,344 Mil. ITO EN's Revenue for the three months ended in Oct. 2024 was 円127,282 Mil. ITO EN's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.46.

ITO EN's Inventory-to-Revenue for the quarter that ended in Oct. 2024 declined from Jul. 2024 (0.46) to Jul. 2024 (0.46)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ITO EN's Days Inventory for the three months ended in Oct. 2024 was 66.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. ITO EN's Inventory Turnover for the quarter that ended in Oct. 2024 was 1.37.


ITO EN Inventory-to-Revenue Historical Data

The historical data trend for ITO EN's Inventory-to-Revenue 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.

ITO EN Inventory-to-Revenue Chart

ITO EN Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.10 0.12 0.13 0.13

ITO EN Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Inventory-to-Revenue 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 0.48 0.54 0.53 0.46 0.46

Competitive Comparison of ITO EN's Inventory-to-Revenue

For the Beverages - Non-Alcoholic subindustry, ITO EN's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ITO EN's Inventory-to-Revenue Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, ITO EN's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where ITO EN's Inventory-to-Revenue falls into.



ITO EN Inventory-to-Revenue Calculation

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.

ITO EN's Inventory-to-Revenue for the fiscal year that ended in Apr. 2024 is calculated as

Inventory-to-Revenue (A: Apr. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Apr. 2023 ) + Total Inventories (A: Apr. 2024 )) / count ) / Revenue (A: Apr. 2024 )
=( (57647 + 57355) / 2 ) / 453899
=57501 / 453899
=0.13

ITO EN's Inventory-to-Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue (Q: Oct. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jul. 2024 ) + Total Inventories (Q: Oct. 2024 )) / count ) / Revenue (Q: Oct. 2024 )
=( (0 + 58344) / 1 ) / 127282
=58344 / 127282
=0.46

* 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.


ITO EN  (TSE:2593) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

ITO EN's Days Inventory for the three months ended in Oct. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2024 )/Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=58344/79826*365 / 4
=66.69

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

ITO EN's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2024 ) / Average Total Inventories (Q: Oct. 2024 )
=79826 / 58344
=1.37

* 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.


ITO EN Inventory-to-Revenue Related Terms

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ITO EN Business Description

Traded in Other Exchanges
Address
47-10, Honmachi 3-chome, Shibuya-ku, Tokyo, JPN, 151-8550
ITO EN Ltd makes beverages and other tea and nutritional products that it sells in Japan. Ito En primarily sells green tea products, including ready-to-drink beverages, tea bags, and other tea leaf products, under its Oi Ocha brand. Other beverages the company sells include black tea, Chinese tea, coffee, vegetable beverages, fruit beverages, mineral water, and functional beverages. The Leaf- and Drink-Related business segment makes up roughly 90% of the company's total revenue. Most remaining revenue is generated from Ito En's restaurant business, which operates hundreds of Tully's coffee shops in Japan.

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