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. Tokyo Gas Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円183,806 Mil. Tokyo Gas Co's Revenue for the
three
months ended in Dec. 2023 was 円629,890 Mil.
Tokyo Gas Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.
Tokyo Gas Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.30) to Sep. 2023 (0.29)
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.
Tokyo Gas Co's Days Inventory for the
three
months ended in Dec. 2023 was 31.45.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tokyo Gas Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.90.
Tokyo Gas Co Inventory-to-Revenue Historical Data
The historical data trend for Tokyo Gas 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.
Competitive Comparison of Tokyo Gas Co's Inventory-to-Revenue
For the Utilities - Regulated Gas subindustry, Tokyo Gas 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.
Tokyo Gas Co's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tokyo Gas Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Tokyo Gas Co's Inventory-to-Revenue falls into.
Tokyo Gas 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.
Tokyo Gas Co'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.
Tokyo Gas Co (TSE:9531) 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.
Tokyo Gas Co'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.
Tokyo Gas Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Tokyo Gas Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Tokyo Gas Co Ltd is a Japanese utility company involved in the production, generation, and supply of natural gas and electricity. Tokyo Gas segments its operations into Gas, Electric Power, Overseas, and Other business units. The company's Gas division generates the vast majority of its total revenue through the supply and sale of natural gas to, namely, the Tokyo metropolitan area and other Japanese urban areas. Tokyo Gas' supply of natural gas is fairly evenly distributed amongst residential, commercial, industrial, and power generation customers. The company's Electric Power business also represents a significant income stream. This division operates a portfolio of cogeneration and natural gas-fired thermal power plants primarily located in the Tokyo area.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:9531 has been successfully added to your 