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Logos Holdings (TSE:205A) Inventory Turnover : 4.94 (As of May. 2024)


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What is Logos Holdings 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. Logos Holdings's Cost of Goods Sold for the six months ended in May. 2024 was 円25,816 Mil. Logos Holdings's Average Total Inventories for the quarter that ended in May. 2024 was 円5,227 Mil. Logos Holdings's Inventory Turnover for the quarter that ended in May. 2024 was 4.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Logos Holdings's Days Inventory for the six months ended in May. 2024 was 36.95.

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. Logos Holdings's Inventory-to-Revenue for the quarter that ended in May. 2024 was 0.16.


Logos Holdings Inventory Turnover Historical Data

The historical data trend for Logos Holdings'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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Logos Holdings Inventory Turnover Chart

Logos Holdings Annual Data
Trend May22 May23 May24
Inventory Turnover
5.25 5.00 4.94

Logos Holdings Semi-Annual Data
May22 May23 May24
Inventory Turnover 5.25 5.00 4.94

Logos Holdings Inventory Turnover Calculation

Logos Holdings's Inventory Turnover for the fiscal year that ended in May. 2024 is calculated as

Inventory Turnover (A: May. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2024 ) / ((Total Inventories (A: May. 2023 ) + Total Inventories (A: May. 2024 )) / count )
=25815.625 / ((5688.962 + 4764.217) / 2 )
=25815.625 / 5226.5895
=4.94

Logos Holdings's Inventory Turnover for the quarter that ended in May. 2024 is calculated as

Inventory Turnover (Q: May. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: May. 2024 ) / ((Total Inventories (Q: May. 2023 ) + Total Inventories (Q: May. 2024 )) / count )
=25815.625 / ((5688.962 + 4764.217) / 2 )
=25815.625 / 5226.5895
=4.94

* 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.


Logos Holdings  (TSE:205A) 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.

Logos Holdings's Days Inventory for the six months ended in May. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: May. 2024 )/Cost of Goods Sold (Q: May. 2024 )*Days in Period
=5226.5895/25815.625*365 / 2
=36.95

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.

Logos Holdings's Inventory to Revenue for the quarter that ended in May. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2024 ) / Revenue (Q: May. 2024 )
=5226.5895 / 31714.58
=0.16

* 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.


Logos Holdings Inventory Turnover Related Terms

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Logos Holdings Business Description

Traded in Other Exchanges
N/A
Address
2-1 Higashi 3-jo Minami 13-chome, Hokkaido, Obihiro, JPN, 080?0803
Logos Holdings Inc is engaged in two business Housing division: Housing design, construction and sales. Real estate division: Land purchase, sale, intermediation and brokerage.

Logos Holdings Headlines

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