Pola Orbis Holdings (Pola Orbis Holdings) Inventory Turnover : 0.43 (As of Mar. 2024)

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What is Pola Orbis 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. Pola Orbis Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $49 Mil. Pola Orbis Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was $115 Mil. Pola Orbis Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pola Orbis Holdings's Days Inventory for the three months ended in Mar. 2024 was 212.75.

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. Pola Orbis Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.42.

Pola Orbis Holdings Inventory Turnover Historical Data

The historical data trend for Pola Orbis 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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Pola Orbis Holdings Inventory Turnover Chart

Pola Orbis Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.67

1.66

1.83

1.92

Pola Orbis Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.52	0.47	0.46	0.51	0.43

Pola Orbis Holdings Inventory Turnover Calculation

Pola Orbis Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	216.889	/ (	(112.271	+	114.008)	/	2 )
=	216.889	/	113.1395
=	1.92

Pola Orbis Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	49.132	/ (	(114.008	+	115.099)	/	2 )
=	49.132	/	114.5535
=	0.43

Pola Orbis Holdings (OTCPK:PORBF) 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.

Pola Orbis Holdings's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	114.5535	/	49.132	*	365 / 4
	=	212.75

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.

Pola Orbis Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	114.5535	/	272.903
	=	0.42

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.

Pola Orbis Holdings Inventory Turnover Related Terms

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Pola Orbis Holdings (Pola Orbis Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pola Orbis Holdings Inc (OTCPK:PORBF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

4927:Japan

Address

2-2-3 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-0031

Website

http://www.po-holdings.co.jp

Pola Orbis Holdings Inc is a beauty and health company. The company has a multibrand and multichannel strategy, being engaged in mail-order sales (online and catalog) and retail-store sales. The business divisions comprise the beauty care business, the real estate business, and others. The beauty care business, generating more than 90% of sales, has two main brands--Pola and Orbis--which are sold internationally. The real estate business leases office buildings, while the others segment is engaged in development of pharmaceutical and dermatological products.