Maruwa Co (STU:6X5) Inventory Turnover : 0.84 (As of Sep. 2024)

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What is Maruwa 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. Maruwa Co's Cost of Goods Sold for the three months ended in Sep. 2024 was €53.2 Mil. Maruwa Co's Average Total Inventories for the quarter that ended in Sep. 2024 was €63.0 Mil. Maruwa Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maruwa Co's Days Inventory for the three months ended in Sep. 2024 was 108.12.

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. Maruwa Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.54.

Maruwa Co Inventory Turnover Historical Data

The historical data trend for Maruwa 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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Maruwa Co Inventory Turnover Chart

Maruwa Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.88

3.24

3.75

3.21

3.06

Maruwa Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.75	0.83	0.81	0.74	0.84

Maruwa Co Inventory Turnover Calculation

Maruwa Co'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 )
=	187.723	/ (	(62.463	+	60.075)	/	2 )
=	187.723	/	61.269
=	3.06

Maruwa Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	53.176	/ (	(61.71	+	64.307)	/	2 )
=	53.176	/	63.0085
=	0.84

Maruwa Co (STU:6X5) 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.

Maruwa Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	63.0085	/	53.176	*	365 / 4
	=	108.12

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.

Maruwa Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	63.0085	/	117.098
	=	0.54

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.

Maruwa Co Inventory Turnover Related Terms

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Maruwa Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maruwa Co Ltd (STU:6X5) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

5344:Japan MAW:UK 6X5:Germany

Address

3-83, Minamihonjigahara-cho, Aichi, Owariasahi, JPN, 488-0044

Website

https://www.maruwa-g.com

Maruwa Co Ltd engages in the production and sale of ceramics and electronics parts. The company operates in four business divisions namely Ceramics that produces ceramic substrates, designs, and patterns circuits on substrates, processes components mounting, Electronic Components/Devices that produce radio frequency components or devices such as EMI filters, magnetic sheets, inductors, and EMC components, Quartz Glass that produces quartz glass products, including quartz boats and tubes for the semiconductor industry, multi-walled piping burner for optical fiber, and machined products, and Light-Emitting Diode that produces light-emitting diode lighting fixtures including street lighting, lighting for interior and high ceiling.

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