SLD Entertainment (TSE:3223) Inventory Turnover : 8.78 (As of Feb. 2024)

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What is SLD Entertainment 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. SLD Entertainment's Cost of Goods Sold for the three months ended in Feb. 2024 was 円167 Mil. SLD Entertainment's Average Total Inventories for the quarter that ended in Feb. 2024 was 円19 Mil. SLD Entertainment's Inventory Turnover for the quarter that ended in Feb. 2024 was 8.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SLD Entertainment's Days Inventory for the three months ended in Feb. 2024 was 10.39.

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. SLD Entertainment's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.02.

SLD Entertainment Inventory Turnover Historical Data

The historical data trend for SLD Entertainment'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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SLD Entertainment Inventory Turnover Chart

SLD Entertainment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Inventory Turnover

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48.12

27.46

38.45

34.12

33.94

SLD Entertainment 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															7.39	8.85	9.27	8.76	8.78

SLD Entertainment Inventory Turnover Calculation

SLD Entertainment'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 )
=	716.787	/ (	(23.392	+	18.841)	/	2 )
=	716.787	/	21.1165
=	33.94

SLD Entertainment'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 )
=	167.015	/ (	(19.187	+	18.841)	/	2 )
=	167.015	/	19.014
=	8.78

SLD Entertainment (TSE:3223) 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.

SLD Entertainment'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
	=	19.014	/	167.015	*	365 / 4
	=	10.39

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.

SLD Entertainment'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 )
	=	19.014	/	882.023
	=	0.02

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.

SLD Entertainment Inventory Turnover Related Terms

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SLD Entertainment (TSE:3223) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » SLD Entertainment Inc (TSE:3223) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

1-20-2 Shinoni-ku, Daiichi Shimizu Building (Reception: 2nd Floor), Tokyo, JPN, 150-0041

Website

http://www.sld-inc.com

SLD Entertainment Inc operates chain of restaurants. It operates a dining cafe under the kawara CAFE & DINING brand name; and food and beverage outlets under the LOOP brand name. Geographically, the activities are carried out through the region of Japan.

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