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Medical Ikkou Group Co (TSE:3353) Inventory-to-Revenue : 0.14 (As of Nov. 2023)


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What is Medical Ikkou Group 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. Medical Ikkou Group Co's Average Total Inventories for the quarter that ended in Nov. 2023 was 円1,554 Mil. Medical Ikkou Group Co's Revenue for the three months ended in Nov. 2023 was 円11,319 Mil. Medical Ikkou Group Co's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.14.

Medical Ikkou Group Co's Inventory-to-Revenue for the quarter that ended in Nov. 2023 declined from Aug. 2023 (0.15) to Aug. 2023 (0.14)

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. Medical Ikkou Group Co's Days Inventory for the three months ended in Nov. 2023 was 14.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Medical Ikkou Group Co's Inventory Turnover for the quarter that ended in Nov. 2023 was 6.36.


Medical Ikkou Group Co Inventory-to-Revenue Historical Data

The historical data trend for Medical Ikkou Group 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.

Medical Ikkou Group Co Inventory-to-Revenue Chart

Medical Ikkou Group Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.04 0.03 0.04

Medical Ikkou Group Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.15 0.15 0.14 0.15 0.14

Competitive Comparison of Medical Ikkou Group Co's Inventory-to-Revenue

For the Conglomerates subindustry, Medical Ikkou Group 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.


Medical Ikkou Group Co's Inventory-to-Revenue Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Medical Ikkou Group Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Medical Ikkou Group Co's Inventory-to-Revenue falls into.



Medical Ikkou Group 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.

Medical Ikkou Group Co's Inventory-to-Revenue for the fiscal year that ended in Feb. 2023 is calculated as

Inventory-to-Revenue (A: Feb. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Feb. 2022 ) + Total Inventories (A: Feb. 2023 )) / count ) / Revenue (A: Feb. 2023 )
=( (1214.011 + 1228.229) / 2 ) / 33897.598
=1221.12 / 33897.598
=0.04

Medical Ikkou Group Co's Inventory-to-Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue (Q: Nov. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count ) / Revenue (Q: Nov. 2023 )
=( (1298.617 + 1809.78) / 2 ) / 11319.32
=1554.1985 / 11319.32
=0.14

* 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.


Medical Ikkou Group Co  (TSE:3353) 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.

Medical Ikkou Group Co's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=1554.1985/9891.081*365 / 4
=14.34

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

Medical Ikkou Group Co's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2023 ) / Average Total Inventories (Q: Nov. 2023 )
=9891.081 / 1554.1985
=6.36

* 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.


Medical Ikkou Group Co Inventory-to-Revenue Related Terms

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Medical Ikkou Group Co (TSE:3353) Business Description

Traded in Other Exchanges
N/A
Address
501 62 Fujikata, Mie Prefecture, Tsu, JPN, 514-0815
Medical Ikkou Group Co Ltd is engaged in Dispensing pharmacy business, healthcare business, pharmaceutical wholesale business, real estate business, and investment business.

Medical Ikkou Group Co (TSE:3353) Headlines

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