GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Krosaki Harima Corp (TSE:5352) » Definitions » Inventory-to-Revenue

Krosaki Harima (TSE:5352) Inventory-to-Revenue : 0.84 (As of Dec. 2023)


View and export this data going back to 1949. Start your Free Trial

What is Krosaki Harima 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. Krosaki Harima's Average Total Inventories for the quarter that ended in Dec. 2023 was 円37,718 Mil. Krosaki Harima's Revenue for the three months ended in Dec. 2023 was 円44,950 Mil. Krosaki Harima's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.84.

Krosaki Harima's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.86) to Sep. 2023 (0.84)

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. Krosaki Harima's Days Inventory for the three months ended in Dec. 2023 was 96.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Krosaki Harima's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.95.


Krosaki Harima Inventory-to-Revenue Historical Data

The historical data trend for Krosaki Harima'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.

Krosaki Harima Inventory-to-Revenue Chart

Krosaki Harima 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 0.19 0.22 0.22 0.22 0.22

Krosaki Harima Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.90 0.85 0.86 0.84 0.89

Competitive Comparison of Krosaki Harima's Inventory-to-Revenue

For the Building Materials subindustry, Krosaki Harima'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.


Krosaki Harima's Inventory-to-Revenue Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Krosaki Harima's Inventory-to-Revenue distribution charts can be found below:

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



Krosaki Harima 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.

Krosaki Harima'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 )
=( (39445 + 39136) / 2 ) / 177029
=39290.5 / 177029
=0.22

Krosaki Harima's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (38452 + 36983) / 2 ) / 44950
=37717.5 / 44950
=0.84

* 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.


Krosaki Harima  (TSE:5352) 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.

Krosaki Harima's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=37717.5/35693*365 / 4
=96.43

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

Krosaki Harima's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=35693 / 37717.5
=0.95

* 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.


Krosaki Harima Inventory-to-Revenue Related Terms

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


Krosaki Harima (TSE:5352) Business Description

Traded in Other Exchanges
Address
1-1, Higashihama-machi, Yahatanishi-ku, Kitakyushu, JPN, 806-8586
Krosaki Harima Corp manufactures and sells refractory and ceramic products. Its refractory products include blast furnace, hot stove, coke oven, torpedo ladle, electric arc furnace, steel ladle, and continuous casting refractories, as well as oxygen converter refractories for basic oxygen steelmaking processes, and monolithic refractories for furnace repair/equipment; and walking beam and hearth, pusher, rotary hearth, double walking beam, roller hearth, batch-type reheating, tunnel kiln, and other industrial furnaces. It also provides advanced ceramic materials, including low thermal expansion, oxide engineering, and machinable ceramics; thin flat heaters, hot plates, and jacket heaters. In addition, it is involved in the furnace construction and maintenance activities.

Krosaki Harima (TSE:5352) Headlines

No Headlines