Lifedrink Co (TSE:2585) Inventory Turnover : 2.51 (As of Dec. 2023)

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What is Lifedrink 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. Lifedrink Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円4,996 Mil. Lifedrink Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円1,993 Mil. Lifedrink Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lifedrink Co's Days Inventory for the three months ended in Dec. 2023 was 36.39.

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. Lifedrink Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Lifedrink Co Inventory Turnover Historical Data

The historical data trend for Lifedrink 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.

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Lifedrink Co Inventory Turnover Chart

Lifedrink Co Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

8.25

8.04

8.08

9.44

Lifedrink Co Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial							2.72	2.75	3.02	3.26	2.51

Lifedrink Co Inventory Turnover Calculation

Lifedrink 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 )
=	17490	/ (	(1826	+	1880)	/	2 )
=	17490	/	1853
=	9.44

Lifedrink 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 )
=	4996	/ (	(1825	+	2160)	/	2 )
=	4996	/	1992.5
=	2.51

Lifedrink Co (TSE:2585) 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.

Lifedrink 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
	=	1992.5	/	4996	*	365 / 4
	=	36.39

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.

Lifedrink 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 )
	=	1992.5	/	8918
	=	0.22

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.

Lifedrink Co Inventory Turnover Related Terms

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Lifedrink Co (TSE:2585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Lifedrink Co Ltd (TSE:2585) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-10 Umeda, Osaka-shi Kita-ku, Umeda Dai Building, 10th floor, Osaka, JPN, 530-0001

Website

https://www.ld-company.com

Lifedrink Co Ltd is engaged in the manufacture and sales of beverage such as mineral water, tea-based beverages, carbonated beverages and others.

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