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GSI Co (SSE:5579) Inventory Turnover : 181.12 (As of Dec. 2023)


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What is GSI Co 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. GSI Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円754 Mil. GSI Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円4 Mil. GSI Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 181.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GSI Co's Days Inventory for the three months ended in Dec. 2023 was 0.50.

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. GSI Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

GSI Co Inventory Turnover Historical Data

The historical data trend for GSI Co'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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GSI Co Inventory Turnover Chart

GSI Co Annual Data
Trend Mar22 Mar23
Inventory Turnover
336.11 488.47

GSI Co Quarterly Data
Mar22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover - - 172.75 153.35 181.12

GSI Co Inventory Turnover Calculation

GSI Co'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 )
=2760.082 / ((7.494 + 3.807) / 2 )
=2760.082 / 5.6505
=488.47

GSI Co'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 )
=754.172 / ((5.259 + 3.069) / 2 )
=754.172 / 4.164
=181.12

* 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.

GSI Co  (SSE:5579) 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.

GSI Co'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
=4.164/754.172*365 / 4
=0.50

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.

GSI Co'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 )
=4.164 / 1022.961
=0.00

* 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.

GSI Co Inventory Turnover Related Terms

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GSI Co (SSE:5579) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » GSI Co Ltd (SSE:5579) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
Kita 7-jo Nishi 1-1-2, SE Sapporo Building 13th Floor, Kita-ku, Sapporo, JPN, 060-0807
Website
https://www.glue-si.com
GSI Co Ltd is engaged in providing IT solution services that satisfy its customers. It is a system development business that specializes in providing system development to companies that are struggling with a lack of IT service development capabilities to utilize corporate digital technology.

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