Stella Chemifa (Stella Chemifa) Inventory Turnover : 1.17 (As of Dec. 2023)

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What is Stella Chemifa 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. Stella Chemifa's Cost of Goods Sold for the three months ended in Dec. 2023 was $46.7 Mil. Stella Chemifa's Average Total Inventories for the quarter that ended in Dec. 2023 was $39.9 Mil. Stella Chemifa's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stella Chemifa's Days Inventory for the three months ended in Dec. 2023 was 78.07.

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. Stella Chemifa's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.65.

Stella Chemifa Inventory Turnover Historical Data

The historical data trend for Stella Chemifa'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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Stella Chemifa Inventory Turnover Chart

Stella Chemifa Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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4.71

4.74

5.37

4.89

4.13

Stella Chemifa 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															1.07	1.01	0.95	1.17	1.04

Stella Chemifa Inventory Turnover Calculation

Stella Chemifa'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 )
=	160.194	/ (	(41.118	+	36.544)	/	2 )
=	160.194	/	38.831
=	4.13

Stella Chemifa's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	46.659	/ (	(41.929	+	37.908)	/	2 )
=	46.659	/	39.9185
=	1.17

Stella Chemifa (OTCPK:SLAHF) 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.

Stella Chemifa's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	39.9185	/	46.659	*	365 / 4
	=	78.07

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.

Stella Chemifa's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	39.9185	/	61.216
	=	0.65

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.

Stella Chemifa Inventory Turnover Related Terms

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Stella Chemifa (Stella Chemifa) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Stella Chemifa Corp (OTCPK:SLAHF) » Definitions » Inventory Turnover

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4109:Japan

Address

NM Plaza Midosuji 3F, 3-6-3 Awaji–machi, Chuo-ku, Osaka, JPN, 541-0047

Website

http://www.stella-chemifa.co.jp

Stella Chemifa Corp engages in the manufacture, supply, and sale of high-purity chemicals. Its operations are carried out through the following segments: High-Purity Chemicals, Transportation, Medical, Cosmetics, Energy Management and Other. The High-Purity Chemicals unit deals with the production and sale of high-purity chemicals. Transportation services handle the transport, storage, and customs duties of chemicals. The Medical unit manages pharmaceutical research. Additionally, the firm is involved in the sale of cosmetics, dealing with network related equipment and software development, insurance agency, automobile maintenance, energy maintenance system, and Moonlight (phosphorescent products) businesses.

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