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. GLORY's Average Total Inventories for the quarter that ended in Dec. 2023 was 円116,060 Mil. GLORY's Revenue for the
three
months ended in Dec. 2023 was 円101,867 Mil.
GLORY's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.14.
GLORY's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (1.28) to Sep. 2023 (1.14)
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.
GLORY's Days Inventory for the
three
months ended in Dec. 2023 was 189.87.
Inventory Turnover measures how fast the company turns over its inventory within a year.
GLORY's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.48.
GLORY Inventory-to-Revenue Historical Data
The historical data trend for GLORY'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.
Competitive Comparison of GLORY's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, GLORY'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.
GLORY's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, GLORY's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where GLORY's Inventory-to-Revenue falls into.
GLORY 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.
GLORY's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
GLORY (TSE:6457) 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.
GLORY's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
GLORY Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of GLORY's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
GLORY Ltd is a Japan-based company that provides money-handling machines and systems. Its product portfolio includes open teller systems, coin recyclers, multifunction banknote changers, cash monitoring cabinets, card systems, and others. This company primarily operates through four segments. The financial market segment serves financial institutions, OEM clients, and others in Japan. The retail and transportation market segment serves supermarkets, department stores, railroad companies, and others. The amusement market segment sells products and provides services to amusement halls and others. The overseas market segment serves financial institutions, retail stores, casinos and other customers overseas. The company generates almost all its revenue from markets in Asia and the Americas.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:6457 has been successfully added to your 