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Sotsu Co (Sotsu Co) Inventory Turnover : 122.86 (As of Nov. 2019)


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What is Sotsu 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. Sotsu Co's Cost of Goods Sold for the three months ended in Nov. 2019 was $25.06 Mil. Sotsu Co's Average Total Inventories for the quarter that ended in Nov. 2019 was $0.20 Mil. Sotsu Co's Inventory Turnover for the quarter that ended in Nov. 2019 was 122.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sotsu Co's Days Inventory for the three months ended in Nov. 2019 was 0.74.

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. Sotsu Co's Inventory-to-Revenue for the quarter that ended in Nov. 2019 was 0.01.


Sotsu Co Inventory Turnover Historical Data

The historical data trend for Sotsu 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.

* Premium members only.

Sotsu Co Inventory Turnover Chart

Sotsu Co Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,132.03 1,283.26 912.18 743.31 645.17

Sotsu Co Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 95.36 77.19 96.01 180.50 122.86

Sotsu Co Inventory Turnover Calculation

Sotsu Co's Inventory Turnover for the fiscal year that ended in Aug. 2019 is calculated as

Inventory Turnover (A: Aug. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2019 ) / ((Total Inventories (A: Aug. 2018 ) + Total Inventories (A: Aug. 2019 )) / count )
=101.614 / ((0.165 + 0.15) / 2 )
=101.614 / 0.1575
=645.17

Sotsu Co's Inventory Turnover for the quarter that ended in Nov. 2019 is calculated as

Inventory Turnover (Q: Nov. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2019 ) / ((Total Inventories (Q: Aug. 2019 ) + Total Inventories (Q: Nov. 2019 )) / count )
=25.064 / ((0.15 + 0.258) / 2 )
=25.064 / 0.204
=122.86

* 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.


Sotsu Co  (GREY:STUAF) 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.

Sotsu Co's Days Inventory for the three months ended in Nov. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2019 )/Cost of Goods Sold (Q: Nov. 2019 )*Days in Period
=0.204/25.064*365 / 4
=0.74

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.

Sotsu Co's Inventory to Revenue for the quarter that ended in Nov. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2019 ) / Revenue (Q: Nov. 2019 )
=0.204 / 33.731
=0.01

* 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.


Sotsu Co Inventory Turnover Related Terms

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Sotsu Co (Sotsu Co) Business Description

Traded in Other Exchanges
N/A
Address
2-4-1, Hamamatsu-Cho, Minato-Ku, Tokyo, JPN, 105-6126
Sotsu Co Ltd operates as an entertainment company in Japan. It works in Media division, Rights division, and Sports division. The Media division produces animations by planning and creating animated programmes with animation production companies. The Rights business division provides merchandising licenses for the animation characters to its partner companies including toy, game, food, miscellaneous goods, and apparel manufacturers among others, and the Sport business promote the merchandising of the baseball team's products and act as a copyright contract agency for professional baseball teams, and sell the merchandise to baseball team goods stores both inside and outside the stadium.

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