GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Upcon Corp (NGO:5075) » Definitions » Inventory Turnover

Upcon (NGO:5075) Inventory Turnover : 5.50 (As of Jul. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Upcon 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. Upcon's Cost of Goods Sold for the three months ended in Jul. 2024 was 円88.5 Mil. Upcon's Average Total Inventories for the quarter that ended in Jul. 2024 was 円16.1 Mil. Upcon's Inventory Turnover for the quarter that ended in Jul. 2024 was 5.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Upcon's Days Inventory for the three months ended in Jul. 2024 was 16.58.

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. Upcon's Inventory-to-Revenue for the quarter that ended in Jul. 2024 was 0.09.


Upcon Inventory Turnover Historical Data

The historical data trend for Upcon'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.

Upcon Inventory Turnover Chart

Upcon Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Inventory Turnover
12.56 23.72 11.19 9.06 13.68

Upcon Quarterly Data
Jan20 Jan21 Jan22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.05 5.71 5.38 6.83 5.50

Upcon Inventory Turnover Calculation

Upcon'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 )
=430.278 / ((45.582 + 17.347) / 2 )
=430.278 / 31.4645
=13.68

Upcon's Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

Inventory Turnover (Q: Jul. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2024 ) / ((Total Inventories (Q: Apr. 2024 ) + Total Inventories (Q: Jul. 2024 )) / count )
=88.54 / ((16.433 + 15.739) / 2 )
=88.54 / 16.086
=5.50

* 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.


Upcon  (NGO:5075) 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.

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

Days Inventory =Average Total Inventories (Q: Jul. 2024 )/Cost of Goods Sold (Q: Jul. 2024 )*Days in Period
=16.086/88.54*365 / 4
=16.58

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2024 ) / Revenue (Q: Jul. 2024 )
=16.086 / 185.6
=0.09

* 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.


Upcon Inventory Turnover Related Terms

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


Upcon Business Description

Traded in Other Exchanges
N/A
Address
No 611, KSP Higashi-tou, 3-2-1 Sakado, Kawasaki Takatsu-ku, Kanagawa, Nagoya, JPN, 213-0012
Upcon Corp is primarily involved in the civil engineering and construction industry.

Upcon Headlines

No Headlines