Okura Holdings (HKSE:01655) Inventory Turnover : 24.42 (As of Dec. 2024)

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What is Okura Holdings 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. Okura Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$118.8 Mil. Okura Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$4.9 Mil. Okura Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 24.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Okura Holdings's Days Inventory for the six months ended in Dec. 2024 was 7.47.

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. Okura Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.

Okura Holdings Inventory Turnover Historical Data

The historical data trend for Okura Holdings'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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Okura Holdings Inventory Turnover Chart

Okura Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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309.92

124.97

67.12

49.00

46.53

Okura Holdings Semi-Annual Data
	Jun14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															31.25	24.62	23.35	26.00	24.42

Okura Holdings Inventory Turnover Calculation

Okura Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	261.817	/ (	(7.592	+	3.661)	/	2 )
=	261.817	/	5.6265
=	46.53

Okura Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	118.764	/ (	(3.661	+	6.065)	/	2 )
=	118.764	/	4.863
=	24.42

Okura Holdings (HKSE:01655) 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.

Okura Holdings's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	4.863	/	118.764	*	365 / 2
	=	7.47

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.

Okura Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	4.863	/	161.114
	=	0.03

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.

Okura Holdings Inventory Turnover Related Terms

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Okura Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Okura Holdings Ltd (HKSE:01655) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

13-10 Motofuna-machi, 7th Floor, Nagasaki Prefecture, Nagasaki, JPN, 850-0035

Website

http://www.okura-holdings.com

Okura Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in pachinko and pachislot hall operations in Japan. The company's reportable segments are pachinko and pachislot hall operation which is also its key revenue generating segment, property rental, and others.

Executives

Yamamoto Katsuya	2307 Founder of a discretionary trust who can infl
Ami Culture Foundation	2201 Interest of corporation controlled by you
Corfiducia Anstalt	2301 Trustee
Ichikura Limited	2101 Beneficial owner
Sprecher Josef	2301 Trustee
Katsuya Yamamoto	2101 Beneficial owner

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