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Furukawa Battery Co (FRA:FBB) Inventory Turnover : 1.28 (As of Dec. 2023)


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What is Furukawa Battery 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. Furukawa Battery Co's Cost of Goods Sold for the three months ended in Dec. 2023 was €108.2 Mil. Furukawa Battery Co's Average Total Inventories for the quarter that ended in Dec. 2023 was €84.4 Mil. Furukawa Battery Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Furukawa Battery Co's Days Inventory for the three months ended in Dec. 2023 was 71.14.

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. Furukawa Battery Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.63.


Furukawa Battery Co Inventory Turnover Historical Data

The historical data trend for Furukawa Battery 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.

* Premium members only.

Furukawa Battery Co Inventory Turnover Chart

Furukawa Battery Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.24 6.32 7.02 6.06 5.23

Furukawa Battery 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 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 1.47 1.02 1.08 1.28 1.37

Furukawa Battery Co Inventory Turnover Calculation

Furukawa Battery 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 )
=374.777 / ((72.413 + 71.036) / 2 )
=374.777 / 71.7245
=5.23

Furukawa Battery 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 )
=108.2 / ((86.244 + 82.458) / 2 )
=108.2 / 84.351
=1.28

* 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.


Furukawa Battery Co  (FRA:FBB) 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.

Furukawa Battery 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
=84.351/108.2*365 / 4
=71.14

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.

Furukawa Battery 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 )
=84.351 / 133.039
=0.63

* 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.


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.


Furukawa Battery Co Inventory Turnover Related Terms

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Furukawa Battery Co (FRA:FBB) Business Description

Traded in Other Exchanges
Address
Hoshikawa SF Building, 2-4-1 Hoshikawa, Hodogaya-Ku, Yokohama, Kanagawa Prefecture, JPN, 240-0006
Furukawa Battery Co Ltd manufactures batteries for automobile, industrial infrastructure, disaster prevention and train, aircraft and space development industries. Automobile segment manufactures batteries for k-cars, mid-size cars, large size cars and motorcycles and also for hybrid and iss cars. Industrial infrastructure segment encompasses storage batteries combined with various power supply devices. Its products are the lead acid storage battery, alkaline storage battery, solar power generation systems for industrial use, battery condition watcher, automotive batteries, motorcycle battery, railway carrier batteries, cycle service storage batteries and power supplies. Automobile segment generates most of the revenues for the company.

Furukawa Battery Co (FRA:FBB) Headlines

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