Hakuhodo DY Holdings (TSE:2433) Inventory Turnover : 3.03 (As of Dec. 2023)

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What is Hakuhodo DY 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. Hakuhodo DY Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円143,740 Mil. Hakuhodo DY Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was 円47,432 Mil. Hakuhodo DY Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hakuhodo DY Holdings's Days Inventory for the three months ended in Dec. 2023 was 30.11.

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. Hakuhodo DY Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Hakuhodo DY Holdings Inventory Turnover Historical Data

The historical data trend for Hakuhodo DY 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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Hakuhodo DY Holdings Inventory Turnover Chart

Hakuhodo DY Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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57.07

70.10

24.23

15.47

16.05

Hakuhodo DY Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.20	4.65	3.50	2.73	3.03

Hakuhodo DY Holdings Inventory Turnover Calculation

Hakuhodo DY Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	587573	/ (	(46203	+	27004)	/	2 )
=	587573	/	36603.5
=	16.05

Hakuhodo DY Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	143740	/ (	(44897	+	49966)	/	2 )
=	143740	/	47431.5
=	3.03

Hakuhodo DY Holdings (TSE:2433) 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.

Hakuhodo DY Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	47431.5	/	143740	*	365 / 4
	=	30.11

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.

Hakuhodo DY Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	47431.5	/	246751
	=	0.19

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.

Hakuhodo DY Holdings Inventory Turnover Related Terms

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Hakuhodo DY Holdings (TSE:2433) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hakuhodo DY Holdings Inc (TSE:2433) » Definitions » Inventory Turnover

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Traded in Other Exchanges

HKUOY:USA HKUOF:USA

Address

5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6320

Website

http://www.hakuhodody-holdings.co.jp

Hakuhodo DY Holdings Inc is a Japanese holding company that owns advertising companies, integrated media companies, and creative solutions companies. The company earns most of its revenue from its two largest segments, mass media services and marketing promotion. The mass media segments focus on television, newspaper, and magazine advertising. The company's marketing promotion segment focuses on Internet, creative, and promotional services. While the vast majority of the historical company's revenue was derived from Japan, Hakuhodo is expanding internationally through its over 250 subsidiaries around the world.

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