Miyoshi (SGX:M03) Inventory Turnover : 0.00 (As of Feb. 2025)

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What is Miyoshi 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. Miyoshi's Cost of Goods Sold for the three months ended in Feb. 2025 was S$0.00 Mil. Miyoshi's Average Total Inventories for the quarter that ended in Feb. 2025 was S$4.27 Mil. Miyoshi's Inventory Turnover for the quarter that ended in Feb. 2025 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Miyoshi Inventory Turnover Historical Data

The historical data trend for Miyoshi'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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Miyoshi Inventory Turnover Chart

Miyoshi Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Inventory Turnover

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3.98

4.00

4.98

4.76

4.92

Miyoshi Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	Aug24	Feb25
Inventory Turnover	Get a 7-Day Free Trial															1.19	1.08	1.04	-	-

Miyoshi Inventory Turnover Calculation

Miyoshi's Inventory Turnover for the fiscal year that ended in Aug. 2024 is calculated as

	Inventory Turnover (A: Aug. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2024 )	/ (	(Total Inventories (A: Aug. 2023 )	+	Total Inventories (A: Aug. 2024 ))	/	count )
=	23.946	/ (	(5.402	+	4.326)	/	2 )
=	23.946	/	4.864
=	4.92

Miyoshi's Inventory Turnover for the quarter that ended in Feb. 2025 is calculated as

	Inventory Turnover (Q: Feb. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2025 )	/ (	(Total Inventories (Q: Aug. 2024 )	+	Total Inventories (Q: Feb. 2025 ))	/	count )
=	0	/ (	(4.326	+	4.215)	/	2 )
=	0	/	4.2705
=	0.00

Miyoshi (SGX:M03) 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.

Miyoshi's Days Inventory for the three months ended in Feb. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2025 )	/	Cost of Goods Sold (Q: Feb. 2025 )	*	Days in Period
	=	4.2705	/	0	*	365 / 4
	=

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.

Miyoshi's Inventory to Revenue for the quarter that ended in Feb. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2025 )	/	Revenue (Q: Feb. 2025 )
	=	4.2705	/	0
	=

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.

Miyoshi Inventory Turnover Related Terms

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Miyoshi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Miyoshi Ltd (SGX:M03) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

26, Boon Lay Way, No. 01-80, Tradehub 21, Singapore, SGP, 609970

Website

https://www.miyoshi.biz

Miyoshi Ltd is employed in designing and manufacturing mould and precision pressed parts and trading in related products and trading commodities. It operates in four segments. The Data Storage segment is engaged in the manufacture of metal semi-finished components for hard disk drives and removable storage devices, The Consumer Electronics segment is engaged in the manufacture of metal semi-finished components for photocopiers, scanners, and printers, The Automotive segment is engaged in the manufacture of finished products of light electric vehicles and semi-finished metal components and The Other segment includes commodities trading and rental income arising from investment properties.

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