Sumitomo Pharma Co (STU:DPM) Inventory Turnover : 0.35 (As of Sep. 2024)

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What is Sumitomo Pharma 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. Sumitomo Pharma Co's Cost of Goods Sold for the three months ended in Sep. 2024 was €236 Mil. Sumitomo Pharma Co's Average Total Inventories for the quarter that ended in Sep. 2024 was €666 Mil. Sumitomo Pharma Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sumitomo Pharma Co's Days Inventory for the three months ended in Sep. 2024 was 257.89.

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. Sumitomo Pharma Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.17.

Sumitomo Pharma Co Inventory Turnover Historical Data

The historical data trend for Sumitomo Pharma 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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Sumitomo Pharma Co Inventory Turnover Chart

Sumitomo Pharma Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.82

1.54

1.64

1.76

1.14

Sumitomo Pharma 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															0.28	0.31	0.30	0.29	0.35

Sumitomo Pharma Co Inventory Turnover Calculation

Sumitomo Pharma 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 )
=	777.279	/ (	(659.67	+	708.337)	/	2 )
=	777.279	/	684.0035
=	1.14

Sumitomo Pharma 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 )
=	235.584	/ (	(0	+	665.801)	/	1 )
=	235.584	/	665.801
=	0.35

Sumitomo Pharma Co (STU:DPM) 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.

Sumitomo Pharma 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
	=	665.801	/	235.584	*	365 / 4
	=	257.89

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.

Sumitomo Pharma 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 )
	=	665.801	/	567.712
	=	1.17

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.

Sumitomo Pharma Co Inventory Turnover Related Terms

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Sumitomo Pharma Co Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sumitomo Pharma Co Ltd (STU:DPM) » Definitions » Inventory Turnover

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SMDPY:USA DNPUF:USA 4506:Japan

Address

6-8, Doshomachi 2-chome, Chuo-ku, Osaka, JPN, 541-0045

Website

https://www.sumitomo-pharma.com

Sumitomo Pharma Co Ltd is a specialty and generic drug manufacturing company. Sumitomo's vast majority of sales are generated in North America, followed by Japan. The company's core business is its pharmaceutical products business. The pharmaceutical business maintains a focus on a variety of areas, including cardiovascular/diabetes, psychiatry & neurology, and specialty areas. Sumitomo considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.