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Sekisui House (FRA:SPH1) Inventory Turnover : 0.82 (As of Jan. 2024)


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What is Sekisui House 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. Sekisui House's Cost of Goods Sold for the three months ended in Jan. 2024 was €4,622 Mil. Sekisui House's Average Total Inventories for the quarter that ended in Jan. 2024 was €5,659 Mil. Sekisui House's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sekisui House's Days Inventory for the three months ended in Jan. 2024 was 111.73.

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. Sekisui House's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.98.


Sekisui House Inventory Turnover Historical Data

The historical data trend for Sekisui House'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.

Sekisui House Inventory Turnover Chart

Sekisui House Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 3.55 3.58 3.30 2.85

Sekisui House Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.87 0.74 0.71 0.65 0.82

Sekisui House Inventory Turnover Calculation

Sekisui House's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Inventory Turnover (A: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2024 ) / ((Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count )
=15583.999 / ((5358.977 + 5561.107) / 2 )
=15583.999 / 5460.042
=2.85

Sekisui House's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover (Q: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2024 ) / ((Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count )
=4621.547 / ((5756.783 + 5561.107) / 2 )
=4621.547 / 5658.945
=0.82

* 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.


Sekisui House  (FRA:SPH1) 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.

Sekisui House's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=5658.945/4621.547*365 / 4
=111.73

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.

Sekisui House's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=5658.945 / 5758.801
=0.98

* 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.


Sekisui House Inventory Turnover Related Terms

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Sekisui House (FRA:SPH1) Business Description

Traded in Other Exchanges
Address
Tower East Umeda Sky Building, 1-88 Oyodonaka 1-chome, Kita-ku, Osaka, JPN, 531-0076
Sekisui House Ltd is a Japanese construction company that focuses on residential construction. It is one of the world's largest international homebuilders and operates in Japan, China, Singapore, Australia, and the United States. Sekisui House is involved in constructing single-family detached housing and multi-unit residential housing, condominium development, and urban redevelopment. The company uses eco-friendly features in its construction projects such as solar panels and sustainable material usage. The majority of revenue for the company is derived from its detached-housing projects, followed by rental and condominium construction.

Sekisui House (FRA:SPH1) Headlines

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