GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Home Position Co Ltd (TSE:2999) » Definitions » Inventory-to-Revenue

Home Position Co (TSE:2999) Inventory-to-Revenue : 1.78 (As of Feb. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Home Position Co 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. Home Position Co's Average Total Inventories for the quarter that ended in Feb. 2024 was 円12,014 Mil. Home Position Co's Revenue for the three months ended in Feb. 2024 was 円6,748 Mil. Home Position Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 1.78.

Home Position Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 declined from Nov. 2023 (3.74) to Nov. 2023 (1.78)

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. Home Position Co's Days Inventory for the three months ended in Feb. 2024 was 167.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Home Position Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.55.


Home Position Co Inventory-to-Revenue Historical Data

The historical data trend for Home Position Co'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.

Home Position Co Inventory-to-Revenue Chart

Home Position Co Annual Data
Trend Aug20 Aug21 Aug22 Aug23
Inventory-to-Revenue
0.74 0.66 0.56 0.56

Home Position Co Quarterly Data
Aug20 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.93 3.33 1.78 3.74 1.78

Competitive Comparison of Home Position Co's Inventory-to-Revenue

For the Residential Construction subindustry, Home Position Co'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.


Home Position Co's Inventory-to-Revenue Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Home Position Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Home Position Co's Inventory-to-Revenue falls into.



Home Position Co 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.

Home Position Co's Inventory-to-Revenue for the fiscal year that ended in Aug. 2023 is calculated as

Inventory-to-Revenue (A: Aug. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Revenue (A: Aug. 2023 )
=( (10278.466 + 11920.511) / 2 ) / 19849.019
=11099.4885 / 19849.019
=0.56

Home Position Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue (Q: Feb. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Revenue (Q: Feb. 2024 )
=( (13460.984 + 10566.892) / 2 ) / 6748.449
=12013.938 / 6748.449
=1.78

* 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.


Home Position Co  (TSE:2999) 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.

Home Position Co's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=12013.938/6563.722*365 / 4
=167.02

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

Home Position Co's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2024 ) / Average Total Inventories (Q: Feb. 2024 )
=6563.722 / 12013.938
=0.55

* 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.


Home Position Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Home Position Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Home Position Co (TSE:2999) Business Description

Traded in Other Exchanges
N/A
Address
260 Kikkawa, Shimizu-ku, Shizuoka, JPN, 424-0055
Home Position Co Ltd is engaged in the built-for-sale housing business.

Home Position Co (TSE:2999) Headlines

No Headlines