Meito Transportation Co (FRA:MTD) Inventory Turnover : 407.08 (As of Jun. 2015)

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What is Meito Transportation 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. Meito Transportation Co's Cost of Goods Sold for the three months ended in Jun. 2015 was €101.8 Mil. Meito Transportation Co's Average Total Inventories for the quarter that ended in Jun. 2015 was €0.3 Mil. Meito Transportation Co's Inventory Turnover for the quarter that ended in Jun. 2015 was 407.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meito Transportation Co's Days Inventory for the three months ended in Jun. 2015 was 0.22.

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. Meito Transportation Co's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.00.

Meito Transportation Co Inventory Turnover Historical Data

The historical data trend for Meito Transportation 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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Meito Transportation Co Inventory Turnover Chart

Meito Transportation Co Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Inventory Turnover

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1,854.40

1,657.81

1,581.51

1,431.18

1,536.83

Meito Transportation Co Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Inventory Turnover	Get a 7-Day Free Trial															409.01	459.34	457.33	417.69	407.08

Meito Transportation Co Inventory Turnover Calculation

Meito Transportation Co's Inventory Turnover for the fiscal year that ended in Mar. 2015 is calculated as

	Inventory Turnover (A: Mar. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2015 )	/ (	(Total Inventories (A: Mar. 2014 )	+	Total Inventories (A: Mar. 2015 ))	/	count )
=	431.082	/ (	(0.262	+	0.299)	/	2 )
=	431.082	/	0.2805
=	1,536.83

Meito Transportation Co's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

	Inventory Turnover (Q: Jun. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2015 )	/ (	(Total Inventories (Q: Mar. 2015 )	+	Total Inventories (Q: Jun. 2015 ))	/	count )
=	101.771	/ (	(0.299	+	0.201)	/	2 )
=	101.771	/	0.25
=	407.08

Meito Transportation Co (FRA:MTD) 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.

Meito Transportation Co's Days Inventory for the three months ended in Jun. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2015 )	/	Cost of Goods Sold (Q: Jun. 2015 )	*	Days in Period
	=	0.25	/	101.771	*	365 / 4
	=	0.22

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.

Meito Transportation Co's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2015 )	/	Revenue (Q: Jun. 2015 )
	=	0.25	/	108.543
	=	0.00

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.

Meito Transportation Co Inventory Turnover Related Terms

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Meito Transportation Co (FRA:MTD) Business Description

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Address

Website

http://www.meiun.co.jp

Meito Transportation Co., Ltd. operates as a food distribution company in Japan. Its services include general truck transport, truck transport forwarding, and truck repair.