Yamaichi Uniheim Real Estate Co (TSE:2984) Inventory Turnover : 0.11 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Yamaichi Uniheim Real Estate 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. Yamaichi Uniheim Real Estate Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,172 Mil. Yamaichi Uniheim Real Estate Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円20,383 Mil. Yamaichi Uniheim Real Estate Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yamaichi Uniheim Real Estate Co's Days Inventory for the three months ended in Dec. 2023 was 856.16.

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. Yamaichi Uniheim Real Estate Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 5.95.

Yamaichi Uniheim Real Estate Co Inventory Turnover Historical Data

The historical data trend for Yamaichi Uniheim Real Estate 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.

Yamaichi Uniheim Real Estate Co Inventory Turnover Chart

Yamaichi Uniheim Real Estate Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

0.99

0.79

0.75

0.90

0.94

Yamaichi Uniheim Real Estate Co Quarterly Data
	Mar18	Mar19	Dec19	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial									0.19	0.18	0.08	0.12	0.11

Yamaichi Uniheim Real Estate Co Inventory Turnover Calculation

Yamaichi Uniheim Real Estate 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 )
=	13462.005	/ (	(14075.511	+	14542.549)	/	2 )
=	13462.005	/	14309.03
=	0.94

Yamaichi Uniheim Real Estate 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 )
=	2172.389	/ (	(20413.341	+	20351.862)	/	2 )
=	2172.389	/	20382.6015
=	0.11

Yamaichi Uniheim Real Estate Co (TSE:2984) 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.

Yamaichi Uniheim Real Estate 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
	=	20382.6015	/	2172.389	*	365 / 4
	=	856.16

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.

Yamaichi Uniheim Real Estate 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 )
	=	20382.6015	/	3427.057
	=	5.95

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.

Yamaichi Uniheim Real Estate Co Inventory Turnover Related Terms

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

Yamaichi Uniheim Real Estate Co (TSE:2984) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yamaichi Uniheim Real Estate Co Ltd (TSE:2984) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wakayama Nakanoshima 1518, Nakanoshima 801 building 5 floor, Yubinbango, Osaka, JPN, 640-8392

Website

https://www.yg801.jp

Yamaichi Real Estate Co Ltd is a real estate development company engaged in provision of sales, leasing, management and brokerage services. The company develops commercial land, business land, residential land, condominiums and rental condominiums. Its development business ranges from residential areas to business sites such as factories and warehouses, urban commercial facilities, and suburban commercial facilities.

Yamaichi Uniheim Real Estate Co (TSE:2984) Headlines

No Headlines