GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nippon Air Conditioning Services Co Ltd (TSE:4658) » Definitions » Inventory-to-Revenue

Nippon Air Conditioning Services Co (TSE:4658) Inventory-to-Revenue : 0.08 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Nippon Air Conditioning Services 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. Nippon Air Conditioning Services Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円1,473 Mil. Nippon Air Conditioning Services Co's Revenue for the three months ended in Mar. 2024 was 円18,615 Mil. Nippon Air Conditioning Services Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.08.

Nippon Air Conditioning Services Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.12) to Dec. 2023 (0.08)

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. Nippon Air Conditioning Services Co's Days Inventory for the three months ended in Mar. 2024 was 8.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Air Conditioning Services Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 10.20.


Nippon Air Conditioning Services Co Inventory-to-Revenue Historical Data

The historical data trend for Nippon Air Conditioning Services 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.

Nippon Air Conditioning Services Co Inventory-to-Revenue Chart

Nippon Air Conditioning Services Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Nippon Air Conditioning Services Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.09 0.11 0.12 0.08 0.06

Competitive Comparison of Nippon Air Conditioning Services Co's Inventory-to-Revenue

For the Specialty Business Services subindustry, Nippon Air Conditioning Services 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.


Nippon Air Conditioning Services Co's Inventory-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nippon Air Conditioning Services Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nippon Air Conditioning Services Co's Inventory-to-Revenue falls into.



Nippon Air Conditioning Services 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.

Nippon Air Conditioning Services Co's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (A: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )
=( (726 + 703) / 2 ) / 58232
=714.5 / 58232
=0.01

Nippon Air Conditioning Services Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (2243 + 703) / 2 ) / 18615
=1473 / 18615
=0.08

* 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.


Nippon Air Conditioning Services Co  (TSE:4658) 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.

Nippon Air Conditioning Services Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1473/15024*365 / 4
=8.95

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

Nippon Air Conditioning Services Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=15024 / 1473
=10.20

* 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.


Nippon Air Conditioning Services Co Inventory-to-Revenue Related Terms

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


Nippon Air Conditioning Services Co Business Description

Traded in Other Exchanges
N/A
Address
Nagoya Terugaoka No. 239, Meito-ku, Aichi, Nagoya, JPN, 465-0042
Nippon Air Conditioning Services Co Ltd provides maintenance of building facilities, and equipment diagnosis and environment diagnosis.

Nippon Air Conditioning Services Co Headlines

No Headlines