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Hokushin Co (TSE:7897) Inventory-to-Revenue : 0.90 (As of Dec. 2023)


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What is Hokushin 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. Hokushin Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円2,642 Mil. Hokushin Co's Revenue for the three months ended in Dec. 2023 was 円2,949 Mil. Hokushin Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.90.

Hokushin Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.03) to Sep. 2023 (0.90)

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. Hokushin Co's Days Inventory for the three months ended in Dec. 2023 was 97.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hokushin Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.94.


Hokushin Co Inventory-to-Revenue Historical Data

The historical data trend for Hokushin 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.

Hokushin Co Inventory-to-Revenue Chart

Hokushin Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.21 0.22 0.18 0.19

Hokushin Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.79 1.01 1.04 1.03 0.90

Competitive Comparison of Hokushin Co's Inventory-to-Revenue

For the Lumber & Wood Production subindustry, Hokushin 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.


Hokushin Co's Inventory-to-Revenue Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Hokushin Co's Inventory-to-Revenue distribution charts can be found below:

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



Hokushin 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.

Hokushin Co's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (2007.754 + 2969.542) / 2 ) / 12887.686
=2488.648 / 12887.686
=0.19

Hokushin Co'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 )
=( (2773.686 + 2509.611) / 2 ) / 2949.419
=2641.6485 / 2949.419
=0.90

* 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.


Hokushin Co  (TSE:7897) 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.

Hokushin Co'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
=2641.6485/2483.09*365 / 4
=97.08

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

Hokushin Co'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 )
=2483.09 / 2641.6485
=0.94

* 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.


Hokushin Co Inventory-to-Revenue Related Terms

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Hokushin Co (TSE:7897) Business Description

Traded in Other Exchanges
N/A
Address
17-2 Mokuzaicho, Kishiwada City, Osaka, JPN
Hokushin Co Ltd is engaged in the manufacturing and sale of wood products. It offers medium-density fiberboard products under the brand Starwood.

Hokushin Co (TSE:7897) Headlines

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