Chubu Electric Power Co (Chubu Electric Power Co) Inventory Turnover : 3.29 (As of Dec. 2023)

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What is Chubu Electric Power Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Chubu Electric Power Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $5,637 Mil. Chubu Electric Power Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,711 Mil. Chubu Electric Power Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chubu Electric Power Co's Days Inventory for the three months ended in Dec. 2023 was 27.70.

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. Chubu Electric Power Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.

Chubu Electric Power Co Inventory Turnover Historical Data

The historical data trend for Chubu Electric Power Co's Inventory Turnover 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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Chubu Electric Power Co Inventory Turnover Chart

Chubu Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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72.05

23.68

18.86

13.32

Chubu Electric Power Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															5.87	3.52	3.68	3.29	3.20

Chubu Electric Power Co Inventory Turnover Calculation

Chubu Electric Power Co's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	21806.865	/ (	(1469.682	+	1805.523)	/	2 )
=	21806.865	/	1637.6025
=	13.32

Chubu Electric Power Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	5637.155	/ (	(1637.965	+	1784)	/	2 )
=	5637.155	/	1710.9825
=	3.29

Chubu Electric Power Co (OTCPK:CHUEF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Chubu Electric Power 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
	=	1710.9825	/	5637.155	*	365 / 4
	=	27.70

2. 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.

Chubu Electric Power Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1710.9825	/	5942.416
	=	0.29

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Chubu Electric Power Co Inventory Turnover Related Terms

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Chubu Electric Power Co (Chubu Electric Power Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chubu Electric Power Co Inc (OTCPK:CHUEF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

9502:Japan 9502:Japan 0C2:Germany 0C2:Germany

Address

1, Higashi-shincho, Higashi-ku, Aichi, Nagoya, JPN, 461-8680

Website

http://www.chuden.co.jp

Chubu Electric Power Co Inc is a Japanese electric utilities firm that operates in the Chubu region in central Japan. This region is one of Japan's largest manufacturing areas and home to a variety of Japanese industries. Primarily, the company generates, distributes, and sells electricity, natural gas, and on-site energy products and services. Secondarily, the firm provides overseas consulting, investment, and IT services. The company's chief segments include Electric Power, which supplies electric power to residential, commercial, and industrial customers, and Energy, which sells natural gas and operates cogeneration facilities.

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