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AFC HD AMS Life Science Co (TSE:2927) Inventory Turnover : 0.82 (As of Feb. 2024)


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What is AFC HD AMS Life Science 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. AFC HD AMS Life Science Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円4,969 Mil. AFC HD AMS Life Science Co's Average Total Inventories for the quarter that ended in Feb. 2024 was 円6,027 Mil. AFC HD AMS Life Science Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AFC HD AMS Life Science Co's Days Inventory for the three months ended in Feb. 2024 was 110.69.

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. AFC HD AMS Life Science Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.78.


AFC HD AMS Life Science Co Inventory Turnover Historical Data

The historical data trend for AFC HD AMS Life Science 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.

AFC HD AMS Life Science Co Inventory Turnover Chart

AFC HD AMS Life Science Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.16 3.87 4.53 3.81 4.02

AFC HD AMS Life Science Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.04 0.93 0.98 0.85 0.82

AFC HD AMS Life Science Co Inventory Turnover Calculation

AFC HD AMS Life Science Co's Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Inventory Turnover (A: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2023 ) / ((Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count )
=16256.131 / ((3728.004 + 4362.865) / 2 )
=16256.131 / 4045.4345
=4.02

AFC HD AMS Life Science Co's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover (Q: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2024 ) / ((Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count )
=4968.516 / ((5779.263 + 6274.317) / 2 )
=4968.516 / 6026.79
=0.82

* 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.


AFC HD AMS Life Science Co  (TSE:2927) 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.

AFC HD AMS Life Science Co's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=6026.79/4968.516*365 / 4
=110.69

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.

AFC HD AMS Life Science Co's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=6026.79 / 7756.455
=0.78

* 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.


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.


AFC HD AMS Life Science Co Inventory Turnover Related Terms

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AFC HD AMS Life Science Co (TSE:2927) Business Description

Traded in Other Exchanges
N/A
Address
3-6-36, Toyoda, Suruga-ku, Shizuoka Prefecture, Shizuoka, JPN, 422-8027
AFC HD AMS Life Science Co Ltd formerly AMS Life Science Co., Ltd is engaged in manufacturing and selling of health foods and cosmetics in Japan.

AFC HD AMS Life Science Co (TSE:2927) Headlines

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