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IN Holdings Co (TSE:132A) Inventory Turnover : 168.61 (As of Apr. 2023)


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What is IN Holdings 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. IN Holdings Co's Cost of Goods Sold for the six months ended in Apr. 2023 was 円3,520 Mil. IN Holdings Co's Average Total Inventories for the quarter that ended in Apr. 2023 was 円21 Mil. IN Holdings Co's Inventory Turnover for the quarter that ended in Apr. 2023 was 168.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IN Holdings Co's Days Inventory for the six months ended in Apr. 2023 was 1.08.

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. IN Holdings Co's Inventory-to-Revenue for the quarter that ended in Apr. 2023 was 0.00.

IN Holdings Co Inventory Turnover Historical Data

The historical data trend for IN Holdings 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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IN Holdings Co Inventory Turnover Chart

IN Holdings Co Annual Data
Trend Oct22
Inventory Turnover
327.89

IN Holdings Co Semi-Annual Data
Oct22 Apr23
Inventory Turnover - 168.61

IN Holdings Co Inventory Turnover Calculation

IN Holdings Co's Inventory Turnover for the fiscal year that ended in Oct. 2022 is calculated as

Inventory Turnover (A: Oct. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2022 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: Oct. 2022 )) / count )
=6272.92 / (( + 19.131) / 1 )
=6272.92 / 19.131
=327.89

IN Holdings Co's Inventory Turnover for the quarter that ended in Apr. 2023 is calculated as

Inventory Turnover (Q: Apr. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2023 ) / ((Total Inventories (Q: Oct. 2022 ) + Total Inventories (Q: Apr. 2023 )) / count )
=3519.743 / ((19.131 + 22.619) / 2 )
=3519.743 / 20.875
=168.61

* 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.

IN Holdings Co  (TSE:132A) 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.

IN Holdings Co's Days Inventory for the six months ended in Apr. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2023 )/Cost of Goods Sold (Q: Apr. 2023 )*Days in Period
=20.875/3519.743*365 / 2
=1.08

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.

IN Holdings Co's Inventory to Revenue for the quarter that ended in Apr. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2023 ) / Revenue (Q: Apr. 2023 )
=20.875 / 4218.263
=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.

IN Holdings Co Inventory Turnover Related Terms

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IN Holdings Co (TSE:132A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » IN Holdings Co Ltd (TSE:132A) » Definitions » Inventory Turnover
Comparable Companies
Traded in Other Exchanges
N/A
Address
656-1, Naoe, Chikujogun Yoshitomimachi, Fukuoka, JPN, 871-0831
Website
https://www.in-holdings.co.jp
IN Holdings Co Ltd is engaged in logistics business in Japan. It has wide range of operations, including general cargo business, as well as warehousing, packaging, vehicle transportation, and export.

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