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Hatch Work Co (TSE:148A) Inventory Turnover : 402.66 (As of Mar. 2024)


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What is Hatch Work 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. Hatch Work Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円246 Mil. Hatch Work Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円1 Mil. Hatch Work Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 402.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hatch Work Co's Days Inventory for the three months ended in Mar. 2024 was 0.23.

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. Hatch Work Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Hatch Work Co Inventory Turnover Historical Data

The historical data trend for Hatch Work 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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Hatch Work Co Inventory Turnover Chart

Hatch Work Co Annual Data
Trend Dec21 Dec22 Dec23
Inventory Turnover
- 1,419.51 1,635.03

Hatch Work Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24
Inventory Turnover - - - 364.64 402.66

Hatch Work Co Inventory Turnover Calculation

Hatch Work Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=964.665 / ((0.671 + 0.509) / 2 )
=964.665 / 0.59
=1,635.03

Hatch Work Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=246.026 / ((0.509 + 0.713) / 2 )
=246.026 / 0.611
=402.66

* 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.

Hatch Work Co  (TSE:148A) 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.

Hatch Work Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0.611/246.026*365 / 4
=0.23

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.

Hatch Work Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0.611 / 548.069
=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.

Hatch Work Co Inventory Turnover Related Terms

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Hatch Work Co (TSE:148A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hatch Work Co Ltd (TSE:148A) » Definitions » Inventory Turnover
Comparable Companies
Traded in Other Exchanges
N/A
Address
DF Building 2-2-8 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062
Website
https://www.hatchwork.co.jp
Hatch Work Co Ltd provides the monthly parking search portalsite "At Parking", the monthly parking online management support service "At Parking Cloud" and the rental meeting room service "At Business Center".

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