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ETS Holdings Co (TSE:1789) Inventory Turnover : 10.53 (As of Mar. 2024)


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What is ETS 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. ETS Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,630 Mil. ETS Holdings Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円155 Mil. ETS Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 10.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ETS Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 8.66.

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. ETS Holdings Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.07.


ETS Holdings Co Inventory Turnover Historical Data

The historical data trend for ETS 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.

* Premium members only.

ETS Holdings Co Inventory Turnover Chart

ETS Holdings Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.25 47.05 27.82 18.50 23.01

ETS Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.69 4.53 5.45 7.68 10.53

ETS Holdings Co Inventory Turnover Calculation

ETS Holdings Co's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Inventory Turnover (A: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2023 ) / ((Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count )
=6580.053 / ((403.947 + 167.86) / 2 )
=6580.053 / 285.9035
=23.01

ETS Holdings 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 )
=1629.922 / ((185.585 + 123.854) / 2 )
=1629.922 / 154.7195
=10.53

* 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.


ETS Holdings Co  (TSE:1789) 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.

ETS Holdings 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
=154.7195/1629.922*365 / 4
=8.66

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.

ETS Holdings 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 )
=154.7195 / 2302.642
=0.07

* 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.


ETS Holdings Co Inventory Turnover Related Terms

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ETS Holdings Co (TSE:1789) Business Description

Traded in Other Exchanges
N/A
Address
1-10-13 Minamiikebukuro, Toshima - ku, Tokyo, JPN, 171-0022
ETS Holdings Co Ltd designs and constructs power transmission lines, substations, and underground transmission lines. It also provides telecommunications construction, and civil engineering and surveying services.

ETS Holdings Co (TSE:1789) Headlines

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