Urbanet Co (TSE:3242) Inventory Turnover : 0.17 (As of Mar. 2024)

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What is Urbanet 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. Urbanet Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円4,812 Mil. Urbanet Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円29,077 Mil. Urbanet Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Urbanet Co's Days Inventory for the three months ended in Mar. 2024 was 551.42.

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. Urbanet Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 4.81.

Urbanet Co Inventory Turnover Historical Data

The historical data trend for Urbanet 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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Urbanet Co Inventory Turnover Chart

Urbanet Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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0.88

0.96

0.87

0.74

0.64

Urbanet Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.15	0.22	0.14	0.22	0.17

Urbanet Co Inventory Turnover Calculation

Urbanet Co's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	16225.802	/ (	(22714.454	+	28068.32)	/	2 )
=	16225.802	/	25391.387
=	0.64

Urbanet Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	4811.668	/ (	(26246.869	+	31906.681)	/	2 )
=	4811.668	/	29076.775
=	0.17

Urbanet Co (TSE:3242) 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.

Urbanet Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	29076.775	/	4811.668	*	365 / 4
	=	551.42

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.

Urbanet Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	29076.775	/	6045.216
	=	4.81

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.

Urbanet Co Inventory Turnover Related Terms

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Urbanet Co (TSE:3242) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Urbanet Corp Co Ltd (TSE:3242) » Definitions » Inventory Turnover

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Address

Building 7, Nibancho 5-6, Chiyoda-ku, Tokyo, JPN, 102-0084

Website

http://www.urbanet.jp

Urbanet Corp Co Ltd is engaged in real estate development business which include investment for studio apartment, compact condominium, development and sale of family apartment, detached houses, real estate leasing, and real estate brokerage.

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