System Location Co (TSE:2480) Inventory Turnover : 18,440.00 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is System Location 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. System Location Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円92 Mil. System Location Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円0 Mil. System Location Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 18,440.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. System Location Co's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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. System Location Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

System Location Co Inventory Turnover Historical Data

The historical data trend for System Location 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.

System Location Co Inventory Turnover Chart

System Location Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

89.93

92.84

5,847.32

423.83

688.13

System Location Co 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															298.60	1,753.93	3,445.40	14,550.83	18,440.00

System Location Co Inventory Turnover Calculation

System Location Co'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 )
=	299.682	/ (	(0.828	+	0.043)	/	2 )
=	299.682	/	0.4355
=	688.13

System Location Co'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 )
=	92.2	/ (	(0.005	+	0.005)	/	2 )
=	92.2	/	0.005
=	18,440.00

System Location Co (TSE:2480) 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.

System Location Co'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
	=	0.005	/	92.2	*	365 / 4
	=	0.00

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.

System Location Co'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 )
	=	0.005	/	452.251
	=	0.00

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.

System Location Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of System Location Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

System Location Co (TSE:2480) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » System Location Co Ltd (TSE:2480) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-6-3, Higashiyama, Meguro-ku, Tokyo, JPN, 153-0043

Website

http://www.slc.jp

System Location Co., Ltd is engaged in providing business support for automobile related businesses. The services offered by the company include vehicle value calculation system, vehicle catalog database, new car sales support, and auto lease sales support portal site.

System Location Co (TSE:2480) Headlines

No Headlines