LSRCF (Lasertec) Inventory Turnover : 0.15 (As of Jun. 2024)

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What is Lasertec 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. Lasertec's Cost of Goods Sold for the three months ended in Jun. 2024 was $162 Mil. Lasertec's Average Total Inventories for the quarter that ended in Jun. 2024 was $1,054 Mil. Lasertec's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lasertec's Days Inventory for the three months ended in Jun. 2024 was 592.10.

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. Lasertec's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 2.95.

Lasertec Inventory Turnover Historical Data

The historical data trend for Lasertec'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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Lasertec Inventory Turnover Chart

Lasertec Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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0.74

0.75

0.50

0.53

0.64

Lasertec Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.20	0.14	0.18	0.15	0.11

Lasertec Inventory Turnover Calculation

Lasertec'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 )
=	671.652	/ (	(1075.8	+	1028.766)	/	2 )
=	671.652	/	1052.283
=	0.64

Lasertec's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	162.403	/ (	(1078.818	+	1028.766)	/	2 )
=	162.403	/	1053.792
=	0.15

Lasertec (OTCPK:LSRCF) 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.

Lasertec's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	1053.792	/	162.403	*	365 / 4
	=	592.10

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.

Lasertec's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	1053.792	/	356.67
	=	2.95

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.

Lasertec Inventory Turnover Related Terms

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Lasertec Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Lasertec Corp (OTCPK:LSRCF) » Definitions » Inventory Turnover

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LSRCY:USA 6920:Japan

Address

2-10-1 Shin-Yokohama, 10-1222-8552 Kohoku-ku, Yokohama-shi, Yokohama Prefecture, Yokohama, JPN

Website

http://www.lasertec.co.jp

Lasertec Corp is a Japan based company engaged in developing, manufacturing, selling and servicing the semiconductor related equipment, energy and environment related equipment, FPD related equipment and laser microscopes.