Taiho Transportation (NGO:9040) Inventory Turnover : 169.11 (As of Sep. 2024)

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What is Taiho Transportation 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. Taiho Transportation's Cost of Goods Sold for the three months ended in Sep. 2024 was 円1,836 Mil. Taiho Transportation's Average Total Inventories for the quarter that ended in Sep. 2024 was 円11 Mil. Taiho Transportation's Inventory Turnover for the quarter that ended in Sep. 2024 was 169.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taiho Transportation's Days Inventory for the three months ended in Sep. 2024 was 0.54.

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. Taiho Transportation's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.01.

Taiho Transportation Inventory Turnover Historical Data

The historical data trend for Taiho Transportation'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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Taiho Transportation Inventory Turnover Chart

Taiho Transportation Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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810.31

780.14

623.94

576.33

602.99

Taiho Transportation 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															161.59	161.27	155.69	165.52	169.11

Taiho Transportation Inventory Turnover Calculation

Taiho Transportation'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 )
=	6996.158	/ (	(11.215	+	11.99)	/	2 )
=	6996.158	/	11.6025
=	602.99

Taiho Transportation's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	1835.635	/ (	(9.437	+	12.273)	/	2 )
=	1835.635	/	10.855
=	169.11

Taiho Transportation (NGO:9040) 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.

Taiho Transportation's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	10.855	/	1835.635	*	365 / 4
	=	0.54

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.

Taiho Transportation's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	10.855	/	2047.634
	=	0.01

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.

Taiho Transportation Inventory Turnover Related Terms

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Taiho Transportation Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

5 - 3, 17 Kanayama Naka-ku, Nagoya, JPN, 460-0022

Website

http://www.taiho-gh.com

Taiho Transportation is a Japanese company engaged in the general cargo transportation business. It provides general freight handling, automobile maintenance, buying and selling of new and used vehicles, used vehicle parts insurance agency and various vehicle leasing services. The company is also engaged in the general worker and specified worker dispatching business.

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