KITA KOUDENSHA (SSE:1734) Inventory Turnover : 11.39 (As of Dec. 2023)

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What is KITA KOUDENSHA 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. KITA KOUDENSHA's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,531 Mil. KITA KOUDENSHA's Average Total Inventories for the quarter that ended in Dec. 2023 was 円310 Mil. KITA KOUDENSHA's Inventory Turnover for the quarter that ended in Dec. 2023 was 11.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KITA KOUDENSHA's Days Inventory for the three months ended in Dec. 2023 was 8.01.

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. KITA KOUDENSHA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

KITA KOUDENSHA Inventory Turnover Historical Data

The historical data trend for KITA KOUDENSHA'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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KITA KOUDENSHA Inventory Turnover Chart

KITA KOUDENSHA Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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77.10

84.81

9.79

15.90

40.65

KITA KOUDENSHA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															9.27	11.00	13.31	9.38	11.39

KITA KOUDENSHA Inventory Turnover Calculation

KITA KOUDENSHA's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	13833.959	/ (	(509.289	+	171.283)	/	2 )
=	13833.959	/	340.286
=	40.65

KITA KOUDENSHA'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 )
=	3531.293	/ (	(303.713	+	316.372)	/	2 )
=	3531.293	/	310.0425
=	11.39

KITA KOUDENSHA (SSE:1734) 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.

KITA KOUDENSHA'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
	=	310.0425	/	3531.293	*	365 / 4
	=	8.01

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.

KITA KOUDENSHA'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 )
	=	310.0425	/	4398.162
	=	0.07

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.

KITA KOUDENSHA Inventory Turnover Related Terms

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KITA KOUDENSHA (SSE:1734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » KITA KOUDENSHA Corp (SSE:1734) » Definitions » Inventory Turnover

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Address

23-2-10 Nishi Kita-Juichijo, Chuo-ku Sapporo, Hokkaido, JPN, 060-0011

Website

http://www.kitakoudensha.co.jp

KITA KOUDENSHA Corp is engaged in the indoor wiring and power-related construction operations. The company undertakes projects for the construction of transmission lines, underground transmission lines, communication lines. It has an indoor wiring construction project, power related construction project and industrial equipment business which include sales of power facility equipment, low voltage generator cars, electric wires, and piping materials, information communication systems.

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