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

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SSE:1734 KITA KOUDENSHA Corp SSE:1734
12 GF Score
Price 円657.00
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What is KITA KOUDENSHA Inventory Turnover?

KITA KOUDENSHA SSE:1734 12 Inventory Turnover is 11.39 as of Dec. 2023. GuruFocus rates SSE:1734 with a GF Score™ of 12/100.

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  (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

* 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.

KITA KOUDENSHA Inventory Turnover Related Terms

KITA KOUDENSHA Inventory Turnover Historical Data

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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.

KITA KOUDENSHA Inventory Turnover Chart

KITA KOUDENSHA Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.27 11.00 13.31 9.38 11.39
SSE:1734
12GF Score
KITA KOUDENSHA Corp SSE:1734
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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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

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 11.39 mean?
KITA KOUDENSHA (SSE:1734) has a Inventory Turnover of 11.39 as of Dec. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on KITA KOUDENSHA and its competitors.
Is KITA KOUDENSHA's Inventory Turnover too high?
KITA KOUDENSHA's current Inventory Turnover is 11.39. Overall, KITA KOUDENSHA has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does KITA KOUDENSHA's Inventory Turnover compare to PWR and J?
KITA KOUDENSHA's Inventory Turnover of 11.39 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Construction company?
A good Inventory Turnover depends on the Construction industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on KITA KOUDENSHA and its competitors. KITA KOUDENSHA's current Inventory Turnover is 11.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KITA KOUDENSHA stock overvalued right now?
KITA KOUDENSHA (SSE:1734) has a current Inventory Turnover of 11.39. The current Inventory Turnover is 11.39. KITA KOUDENSHA's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For KITA KOUDENSHA (SSE:1734), the current Inventory Turnover is 11.39 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

KITA KOUDENSHA Business Description

Address 2-10, Kita 11-jo Nishi 23-chome, Chuo-ku Sapporo, Hokkaido, JPN, 060-0011
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 an 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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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円657.00
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