Ebara Foods Industry (TSE:2819) Inventory Turnover : 2.87 (As of Dec. 2023)

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What is Ebara Foods Industry 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. Ebara Foods Industry's Cost of Goods Sold for the three months ended in Dec. 2023 was 円8,266 Mil. Ebara Foods Industry's Average Total Inventories for the quarter that ended in Dec. 2023 was 円2,883 Mil. Ebara Foods Industry's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ebara Foods Industry's Days Inventory for the three months ended in Dec. 2023 was 31.82.

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. Ebara Foods Industry's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Ebara Foods Industry Inventory Turnover Historical Data

The historical data trend for Ebara Foods Industry'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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Ebara Foods Industry Inventory Turnover Chart

Ebara Foods Industry Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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13.16

12.90

12.11

11.79

11.40

Ebara Foods Industry 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															3.07	2.36	2.64	2.55	2.87

Ebara Foods Industry Inventory Turnover Calculation

Ebara Foods Industry'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 )
=	26999	/ (	(2209	+	2527)	/	2 )
=	26999	/	2368
=	11.40

Ebara Foods Industry'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 )
=	8266	/ (	(2915	+	2850)	/	2 )
=	8266	/	2882.5
=	2.87

Ebara Foods Industry (TSE:2819) 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.

Ebara Foods Industry'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
	=	2882.5	/	8266	*	365 / 4
	=	31.82

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.

Ebara Foods Industry'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 )
	=	2882.5	/	13093
	=	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.

Ebara Foods Industry Inventory Turnover Related Terms

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Ebara Foods Industry (TSE:2819) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ebara Foods Industry Inc (TSE:2819) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Nishi 4-chome No. 4 No. 5 Yokohama eye mark, Minato Mirai, Yubinbango, Yokohama, JPN, 220-0012

Website

http://www.ebarafoods.com

Ebara Foods Industry Inc is engaged in the manufacture and sale of food seasoning products in Japan. The company's product profile includes meat dishes, grilled meat sauce, sweet potato sauce, braised pepper sauce, and others.

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