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Treasure Factory Co (TSE:3093) Inventory Turnover : 0.53 (As of Nov. 2023)


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What is Treasure Factory 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. Treasure Factory Co's Cost of Goods Sold for the three months ended in Nov. 2023 was 円3,474 Mil. Treasure Factory Co's Average Total Inventories for the quarter that ended in Nov. 2023 was 円6,555 Mil. Treasure Factory Co's Inventory Turnover for the quarter that ended in Nov. 2023 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Treasure Factory Co's Days Inventory for the three months ended in Nov. 2023 was 172.18.

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. Treasure Factory Co's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.73.


Treasure Factory Co Inventory Turnover Historical Data

The historical data trend for Treasure Factory 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.

Treasure Factory Co Inventory Turnover Chart

Treasure Factory Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 2.12 2.39 2.37 2.26

Treasure Factory 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 0.62 0.57 0.50 0.53 0.58

Treasure Factory Co Inventory Turnover Calculation

Treasure Factory Co's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Inventory Turnover (A: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2024 ) / ((Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count )
=13584 / ((5115.644 + 6930) / 2 )
=13584 / 6022.822
=2.26

Treasure Factory Co's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover (Q: Nov. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2023 ) / ((Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count )
=3474 / ((6025 + 7085) / 2 )
=3474 / 6555
=0.53

* 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.


Treasure Factory Co  (TSE:3093) 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.

Treasure Factory Co's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=6555/3474*365 / 4
=172.18

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.

Treasure Factory Co's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=6555 / 9011
=0.73

* 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.


Treasure Factory Co Inventory Turnover Related Terms

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Treasure Factory Co (TSE:3093) Business Description

Traded in Other Exchanges
N/A
Address
3 Kandaneribeicho, Chiyoda-ku, 2 Floor Daito Building, Tokyo, JPN, 101-0022
Treasure Factory Co Ltd is a Japan-based company. It is mainly engaged in the sale and purchase of reuse items through its stores and online. The company also is also engaged in the bag and accessory rental business under the brand name Cariru and operates treasure factory moving service. It sells used merchandise in Tokyo, Saitama, Kanagawa, and Chiba.

Treasure Factory Co (TSE:3093) Headlines

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