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Okayamaken Freight Transportation Co (TSE:9063) Inventory-to-Revenue : 0.02 (As of Dec. 2023)


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What is Okayamaken Freight Transportation 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. Okayamaken Freight Transportation Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円148 Mil. Okayamaken Freight Transportation Co's Revenue for the three months ended in Dec. 2023 was 円9,926 Mil. Okayamaken Freight Transportation Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Okayamaken Freight Transportation Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.01) to Sep. 2023 (0.02)

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. Okayamaken Freight Transportation Co's Days Inventory for the three months ended in Dec. 2023 was 1.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Okayamaken Freight Transportation Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 61.53.


Okayamaken Freight Transportation Co Inventory-to-Revenue Historical Data

The historical data trend for Okayamaken Freight Transportation 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.

Okayamaken Freight Transportation Co Inventory-to-Revenue Chart

Okayamaken Freight Transportation Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
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Okayamaken Freight Transportation 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 0.02 0.02 0.01 0.01 0.02

Competitive Comparison of Okayamaken Freight Transportation Co's Inventory-to-Revenue

For the Trucking subindustry, Okayamaken Freight Transportation 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.


Okayamaken Freight Transportation Co's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Okayamaken Freight Transportation Co's Inventory-to-Revenue distribution charts can be found below:

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



Okayamaken Freight Transportation 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.

Okayamaken Freight Transportation 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 )
=( (129.4 + 119.251) / 2 ) / 38474.486
=124.3255 / 38474.486
=0.00

Okayamaken Freight Transportation 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 )
=( (145.218 + 150.597) / 2 ) / 9926.429
=147.9075 / 9926.429
=0.01

* 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.


Okayamaken Freight Transportation Co  (TSE:9063) 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.

Okayamaken Freight Transportation 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
=147.9075/9100.806*365 / 4
=1.48

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

Okayamaken Freight Transportation 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 )
=9100.806 / 147.9075
=61.53

* 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.


Okayamaken Freight Transportation Co Inventory-to-Revenue Related Terms

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Okayamaken Freight Transportation Co (TSE:9063) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 No. 31, Kiyoshincho Kita-ku, Okayama, JPN, 700-0027
Okayamaken Freight Transportation Co Ltd is a cargo trucking company in Japan. The Company also provides door-to-door parcel delivery services. Okayamaken Freight Transportation leases building and sells oil products and automobile parts. Its business lines include Freight car transportation business, Warehousing, Air transport agent agency, Industrial waste collection, and transportation.

Okayamaken Freight Transportation Co (TSE:9063) Headlines

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