Marutongyo Co (FSE:7894) Inventory Turnover : 2.08 (As of Feb. 2024)

View and export this data going back to 1947. Start your Free Trial

What is Marutongyo 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. Marutongyo Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円3,640 Mil. Marutongyo Co's Average Total Inventories for the quarter that ended in Feb. 2024 was 円1,753 Mil. Marutongyo Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 2.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marutongyo Co's Days Inventory for the three months ended in Feb. 2024 was 43.95.

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. Marutongyo Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.41.

Marutongyo Co Inventory Turnover Historical Data

The historical data trend for Marutongyo 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.

Marutongyo Co Inventory Turnover Chart

Marutongyo Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Inventory Turnover

Get a 7-Day Free Trial

11.18

10.36

10.32

8.45

7.96

Marutongyo Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															1.71	1.77	1.90	1.91	2.08

Marutongyo Co Inventory Turnover Calculation

Marutongyo Co's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Inventory Turnover (A: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2024 )	/ (	(Total Inventories (A: Feb. 2023 )	+	Total Inventories (A: Feb. 2024 ))	/	count )
=	15140.552	/ (	(2182.952	+	1620.351)	/	2 )
=	15140.552	/	1901.6515
=	7.96

Marutongyo Co's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	3639.764	/ (	(1885.724	+	1620.351)	/	2 )
=	3639.764	/	1753.0375
=	2.08

Marutongyo Co (FSE:7894) 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.

Marutongyo Co's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	1753.0375	/	3639.764	*	365 / 4
	=	43.95

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.

Marutongyo Co's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	1753.0375	/	4271.92
	=	0.41

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.

Marutongyo Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Marutongyo Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Marutongyo Co (FSE:7894) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Maruto Sangyo Co Ltd (FSE:7894) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

892-1 Hikata, Ogori, Fukuoka, JPN, 838-0112

Website

https://www.marutosangyo.co.jp

Maruto Sangyo Co Ltd produces and sells laminated films and paper products for the packaging companies in Japan. It is also engaged in photogravure printing and bag-making, photogravure cylinder making, sales of paper packaging, packing paper, and label stickers, plastic molding products, and packing materials. It also sells packaging machinery and industrial machinery, agricultural-related materials, and horticultural equipment.

Marutongyo Co (FSE:7894) Headlines

No Headlines