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Heartseed (TSE:219A) Inventory Turnover : 0.00 (As of Oct. 2024)


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What is Heartseed 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. Heartseed's Cost of Goods Sold for the six months ended in Oct. 2024 was 円0.0 Mil. Heartseed's Average Total Inventories for the quarter that ended in Oct. 2024 was 円95.1 Mil. Heartseed's Inventory Turnover for the quarter that ended in Oct. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Heartseed's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.13.

Heartseed Inventory Turnover Historical Data

The historical data trend for Heartseed'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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Heartseed Inventory Turnover Chart

Heartseed Annual Data
Trend Oct22 Oct23 Oct24
Inventory Turnover
- - -

Heartseed Semi-Annual Data
Oct22 Oct23 Apr24 Oct24
Inventory Turnover - - - -

Heartseed Inventory Turnover Calculation

Heartseed's Inventory Turnover for the fiscal year that ended in Oct. 2024 is calculated as

Inventory Turnover (A: Oct. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2024 ) / ((Total Inventories (A: Oct. 2023 ) + Total Inventories (A: Oct. 2024 )) / count )
=0 / ((136.61 + 86.336) / 2 )
=0 / 111.473
=0.00

Heartseed's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

Inventory Turnover (Q: Oct. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Oct. 2024 ) / ((Total Inventories (Q: Apr. 2024 ) + Total Inventories (Q: Oct. 2024 )) / count )
=0 / ((103.816 + 86.336) / 2 )
=0 / 95.076
=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.

Heartseed  (TSE:219A) 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.

Heartseed's Days Inventory for the six months ended in Oct. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Oct. 2024 )/Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=95.076/0*365 / 2
=

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.

Heartseed's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=95.076 / 720.4
=0.13

* 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.

Heartseed Inventory Turnover Related Terms

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Heartseed Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Heartseed Inc (TSE:219A) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
1-2-3 Shibaura, Minato-ku, Tokyo, JPN, 105-0023
Website
https://heartseed.jp/en
Heartseed Inc is engaged in developing and commercializing iPS cell-derived cardiomyocyte replacement therapy for advanced heart failure.

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