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Seiyu kogyo Co (NGO:9170) Inventory Turnover : 45.11 (As of Jun. 2024)


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What is Seiyu kogyo 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. Seiyu kogyo Co's Cost of Goods Sold for the three months ended in Jun. 2024 was 円3,217 Mil. Seiyu kogyo Co's Average Total Inventories for the quarter that ended in Jun. 2024 was 円71 Mil. Seiyu kogyo Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 45.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seiyu kogyo Co's Days Inventory for the three months ended in Jun. 2024 was 2.02.

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. Seiyu kogyo Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.02.

Seiyu kogyo Co Inventory Turnover Historical Data

The historical data trend for Seiyu kogyo 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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Seiyu kogyo Co Inventory Turnover Chart

Seiyu kogyo Co Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Inventory Turnover
336.43 253.83 190.42 140.32

Seiyu kogyo Co Quarterly Data
Sep21 Sep22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover Get a 7-Day Free Trial 43.99 37.43 29.97 45.11 36.22

Seiyu kogyo Co Inventory Turnover Calculation

Seiyu kogyo Co's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Inventory Turnover (A: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2024 ) / ((Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count )
=11854.587 / ((66.678 + 102.288) / 2 )
=11854.587 / 84.483
=140.32

Seiyu kogyo Co'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 )
=3216.922 / ((87.081 + 55.541) / 2 )
=3216.922 / 71.311
=45.11

* 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.

Seiyu kogyo Co  (NGO:9170) 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.

Seiyu kogyo Co'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
=71.311/3216.922*365 / 4
=2.02

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.

Seiyu kogyo Co'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 )
=71.311 / 3608.109
=0.02

* 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.

Seiyu kogyo Co Inventory Turnover Related Terms

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Seiyu kogyo Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Seiyu kogyo Co Ltd (NGO:9170) » Definitions » Inventory Turnover
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TSE:3267 TSE:253A TSE:1997 FSE:1771 TSE:7057 TSE:1844 TSE:1718 TSE:1758 TSE:4750 TSE:1795 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 J XKRX:028260
Traded in Other Exchanges
N/A
Address
1141-1 Soka, Akiruno, Tokyo, JPN
Website
https://www.seiyukogyo.co.jp
Seiyu kogyo Co Ltd is engaged in the business of construction work, Industrial waste treatment, Contaminated soil treatment, Transportation business and Recycled construction materials production and sales business.

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