Sato Foods Co (TSE:2923) Inventory Turnover : 0.00 (As of Oct. 2024)

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What is Sato Foods 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. Sato Foods Co's Cost of Goods Sold for the three months ended in Oct. 2024 was 円0 Mil. Sato Foods Co's Average Total Inventories for the quarter that ended in Oct. 2024 was 円11,034 Mil. Sato Foods Co'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.

Sato Foods Co Inventory Turnover Historical Data

The historical data trend for Sato Foods 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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Sato Foods Co Inventory Turnover Chart

Sato Foods Co Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Inventory Turnover

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5.66

6.30

5.47

4.43

3.88

Sato Foods Co Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
Inventory Turnover	Get a 7-Day Free Trial															0.58	0.61	1.31	0.93	-

Sato Foods Co Inventory Turnover Calculation

Sato Foods Co's Inventory Turnover for the fiscal year that ended in Apr. 2024 is calculated as

	Inventory Turnover (A: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2024 )	/ (	(Total Inventories (A: Apr. 2023 )	+	Total Inventories (A: Apr. 2024 ))	/	count )
=	31419.87	/ (	(7425.378	+	8783.694)	/	2 )
=	31419.87	/	8104.536
=	3.88

Sato Foods Co'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	/ (	(8783.694	+	13284.442)	/	2 )
=	0	/	11034.068
=	0.00

Sato Foods Co (TSE:2923) 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.

Sato Foods Co's Days Inventory for the three 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
	=	11034.068	/	0	*	365 / 4
	=

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.

Sato Foods Co'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 )
	=	11034.068	/	0
	=

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.

Sato Foods Co Inventory Turnover Related Terms

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Sato Foods Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sato Foods Co Ltd (TSE:2923) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

13-5 Takaramachi, Niigatahigashi-ku, Niigata Prefecture, Niigata, JPN, 950-8730

Website

https://www.satosyokuhin.co.jp

Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.

Sato Foods Co Headlines

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