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Tomita Electric Co (TSE:6898) Inventory-to-Revenue : 2.66 (As of Jan. 2024)


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What is Tomita Electric 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. Tomita Electric Co's Average Total Inventories for the quarter that ended in Jan. 2024 was 円879 Mil. Tomita Electric Co's Revenue for the three months ended in Jan. 2024 was 円330 Mil. Tomita Electric Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 2.66.

Tomita Electric Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 increased from Oct. 2023 (2.50) to Oct. 2023 (2.66)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tomita Electric Co's Days Inventory for the three months ended in Jan. 2024 was 336.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tomita Electric Co's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.27.


Tomita Electric Co Inventory-to-Revenue Historical Data

The historical data trend for Tomita Electric 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.

Tomita Electric Co Inventory-to-Revenue Chart

Tomita Electric Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.59 0.33 0.36 0.57

Tomita Electric Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.17 2.08 2.18 2.50 2.66

Competitive Comparison of Tomita Electric Co's Inventory-to-Revenue

For the Consumer Electronics subindustry, Tomita Electric 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.


Tomita Electric Co's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tomita Electric Co's Inventory-to-Revenue distribution charts can be found below:

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



Tomita Electric 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.

Tomita Electric Co's Inventory-to-Revenue for the fiscal year that ended in Jan. 2024 is calculated as

Inventory-to-Revenue (A: Jan. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Revenue (A: Jan. 2024 )
=( (833.087 + 868.764) / 2 ) / 1492.393
=850.9255 / 1492.393
=0.57

Tomita Electric Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue (Q: Jan. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Revenue (Q: Jan. 2024 )
=( (889.093 + 868.764) / 2 ) / 330.427
=878.9285 / 330.427
=2.66

* 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.


Tomita Electric Co  (TSE:6898) 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.

Tomita Electric Co's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=878.9285/238.346*365 / 4
=336.49

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

Tomita Electric Co's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=238.346 / 878.9285
=0.27

* 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.


Tomita Electric Co Inventory-to-Revenue Related Terms

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Tomita Electric Co (TSE:6898) Business Description

Traded in Other Exchanges
N/A
Address
123 Saiwaii-cho, Tottori Prefecture, Tottori, JPN, 680-0823
Tomita Electric Co Ltd is a Japanese firm which manufactures and sells radio parts and ferrite cores. It provides soft ferrite and hard ferrite. It offers ferrite cores used in miniaturizing electronic equipment and in energy conservation; and coils and transformers used in personal computers, LAN and peripherals.

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