Arnest One (TSE:8895) Inventory-to-Revenue : 1.51 (As of Dec. 2013)

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What is Arnest One 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. Arnest One's Average Total Inventories for the quarter that ended in Dec. 2013 was 円84,790 Mil. Arnest One's Revenue for the three months ended in Dec. 2013 was 円56,088 Mil. Arnest One's Inventory-to-Revenue for the quarter that ended in Dec. 2013 was 1.51.

Arnest One's Inventory-to-Revenue for the quarter that ended in Dec. 2013 increased from Sep. 2013 (1.31) to Sep. 2013 (1.51)

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. Arnest One's Days Inventory for the three months ended in Dec. 2013 was 163.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arnest One's Inventory Turnover for the quarter that ended in Dec. 2013 was 0.56.

Arnest One Inventory-to-Revenue Historical Data

The historical data trend for Arnest One'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.

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Arnest One Inventory-to-Revenue Chart

Arnest One Annual Data

Trend

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Inventory-to-Revenue

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0.12

0.25

0.26

Arnest One Quarterly Data
	Mar05	Mar06	Mar07	Mar08	Mar10	Mar11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Inventory-to-Revenue	Get a 7-Day Free Trial									-	0.89	1.69	1.31	1.51

Competitive Comparison of Arnest One's Inventory-to-Revenue

For the Residential Construction subindustry, Arnest One'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.

Arnest One's Inventory-to-Revenue Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Arnest One's Inventory-to-Revenue distribution charts can be found below:

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

Arnest One Inventory-to-Revenue Calculation

Arnest One's Inventory-to-Revenue for the fiscal year that ended in Mar. 2013 is calculated as

	Inventory-to-Revenue (A: Mar. 2013 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Mar. 2012 )	+	Total Inventories (A: Mar. 2013 ))	/	count )	/	Revenue (A: Mar. 2013 )
=	( (47974	+	58438)	/	2 )	/	203355
=	53206					/	203355
=	0.26

Arnest One's Inventory-to-Revenue for the quarter that ended in Dec. 2013 is calculated as

	Inventory-to-Revenue (Q: Dec. 2013 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2013 )	+	Total Inventories (Q: Dec. 2013 ))	/	count )	/	Revenue (Q: Dec. 2013 )
=	( (80577	+	89003)	/	2 )	/	56088
=	84790					/	56088
=	1.51

Arnest One (TSE:8895) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Arnest One's Days Inventory for the three months ended in Dec. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2013 )	/	Cost of Goods Sold (Q: Dec. 2013 )	*	Days in Period
	=	84790	/	47243	*	365 / 4
	=	163.77

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

Arnest One's Inventory Turnover for the quarter that ended in Dec. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2013 )	/	Average Total Inventories (Q: Dec. 2013 )
	=	47243	/	84790
	=	0.56

Arnest One Inventory-to-Revenue Related Terms

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Arnest One (TSE:8895) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Arnest One Corporation (TSE:8895) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-2-22 Kitahara-cho, Nishi-tokyo-shi, Tokyo, JPN, 188-0003

Website

http://www.arnest1.co.jp

Arnest One Corp is a Japanese company mainly engaged in subdividing and selling single-family home and condominiums. The company also provides construction works as a contractor. Its business is classified into three groups, Single-Family Homes, Condominiums and other related business.

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