Saibu Gas Holdings Co (FSE:9536) Inventory Turnover : 0.88 (As of Dec. 2023)

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What is Saibu Gas Holdings 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. Saibu Gas Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円43,709 Mil. Saibu Gas Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円49,497 Mil. Saibu Gas Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saibu Gas Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 103.33.

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. Saibu Gas Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.82.

Saibu Gas Holdings Co Inventory Turnover Historical Data

The historical data trend for Saibu Gas Holdings 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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Saibu Gas Holdings Co Inventory Turnover Chart

Saibu Gas Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.97

3.44

3.97

4.56

3.74

Saibu Gas Holdings 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															1.19	0.86	0.87	0.88	0.99

Saibu Gas Holdings Co Inventory Turnover Calculation

Saibu Gas Holdings 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 )
=	178813	/ (	(45628	+	49991)	/	2 )
=	178813	/	47809.5
=	3.74

Saibu Gas Holdings 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 )
=	43709	/ (	(49584	+	49409)	/	2 )
=	43709	/	49496.5
=	0.88

Saibu Gas Holdings Co (FSE:9536) 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.

Saibu Gas Holdings 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
	=	49496.5	/	43709	*	365 / 4
	=	103.33

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.

Saibu Gas Holdings 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 )
	=	49496.5	/	60416
	=	0.82

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.

Saibu Gas Holdings Co Inventory Turnover Related Terms

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Saibu Gas Holdings Co (FSE:9536) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Saibu Gas Holdings Co Ltd (FSE:9536) » Definitions » Inventory Turnover

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9536:Japan

Address

1-17-1 Chiyo Hakata-ku, Fukuoka-shi, JPN

Website

http://www.saibugas.co.jp

Saibu Gas Holdings Co Ltd is a Japanese natural gas utility that produces, supplies, and sells natural gas and petroleum products. The company segments its operations into gas, liquefied petroleum gas, real estate, and "other" business units. The company primarily distributes and sells natural gas and LPG in the Fukuoka and Kitakyushu areas in the northern part of the Japanese island of Kyushu. Saibu sells gas and liquefied natural gas products to a variety of utility and industrial customers through long-term agreements. The company also is involved in the heating, gas equipment, and photovoltaic power generation business through its other activities.

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