Jinjib Co (TSE:142A) Inventory Turnover : 751.21 (As of Sep. 2024)

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What is Jinjib 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. Jinjib Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円160 Mil. Jinjib Co's Average Total Inventories for the quarter that ended in Sep. 2024 was 円0 Mil. Jinjib Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 751.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jinjib Co's Days Inventory for the three months ended in Sep. 2024 was 0.12.

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. Jinjib Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Jinjib Co Inventory Turnover Historical Data

The historical data trend for Jinjib 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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Jinjib Co Inventory Turnover Chart

Jinjib Co Annual Data

Trend

Mar22

Mar23

Mar24

Inventory Turnover

89.05

180.42

188.49

Jinjib Co Quarterly Data
	Mar22	Mar23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial			-	-	33.58	83.26	751.21

Jinjib Co Inventory Turnover Calculation

Jinjib 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 )
=	322.514	/ (	(1.274	+	2.148)	/	2 )
=	322.514	/	1.711
=	188.49

Jinjib 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 )
=	160.007	/ (	(0.024	+	0.402)	/	2 )
=	160.007	/	0.213
=	751.21

Jinjib Co (TSE:142A) 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.

Jinjib 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
	=	0.213	/	160.007	*	365 / 4
	=	0.12

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.

Jinjib 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 )
	=	0.213	/	765.036
	=	0.00

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.

Jinjib Co Inventory Turnover Related Terms

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Jinjib Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jinjib Co Ltd (TSE:142A) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-13 Azuchimachi, Chuo-ku, Osaka-shi Osaka, JPN, 541-0052

Website

https://www.jinjib.co.jp

Jinjib Co Ltd is engaged in employment support service and Human resources development services for high school students (graduates).

Jinjib Co Headlines

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