GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Global Ltd (TSE:3271) » Definitions » Inventory Turnover

Global (TSE:3271) Inventory Turnover : 0.08 (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Global 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. Global's Cost of Goods Sold for the three months ended in Jun. 2024 was 円3,045 Mil. Global's Average Total Inventories for the quarter that ended in Jun. 2024 was 円39,079 Mil. Global's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global's Days Inventory for the three months ended in Jun. 2024 was 1,170.96.

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. Global's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 10.63.

Global Inventory Turnover Historical Data

The historical data trend for Global'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.

Global Inventory Turnover Chart

Global Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.49 0.65 1.16 0.64

Global Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.66 0.24 0.17 0.13 0.08

Global Inventory Turnover Calculation

Global's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Inventory Turnover (A: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2024 ) / ((Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count )
=21455.721 / ((26097.858 + 40847.049) / 2 )
=21455.721 / 33472.4535
=0.64

Global's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count )
=3045.286 / ((37309.958 + 40847.049) / 2 )
=3045.286 / 39078.5035
=0.08

* 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.

Global  (TSE:3271) 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.

Global's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=39078.5035/3045.286*365 / 4
=1,170.96

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.

Global's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=39078.5035 / 3677.976
=10.63

* 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.

Global Inventory Turnover Related Terms

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

Global Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Global Ltd (TSE:3271) » Definitions » Inventory Turnover
Comparable Companies
TSE:3246 TSE:8918 TSE:3242 TSE:8931 TSE:8927 TSE:3236 TSE:3264 TSE:8940 TSE:3280 TSE:3010 ASX:GMG TSE:8801 TSE:8802 PHS:SMPH HKSE:00012 ASX:LLC BKK:CPN TSE:1878 SHSE:600515 SHSE:600415
Traded in Other Exchanges
N/A
Address
2-4-1 Nishi-Shinjuku, Floor 18 Shinjuku-NS building, Shinjuku-ku, Tokyo, JPN, 163-0818
Website
https://www.the-g.co.jp
Global Ltd is engaged in the business of Condominium/Apartment Development Business, Detached house Development Business, Brokerage /Property Agent Business, Hotel Development Business and Property /Asset Management Business.

Global Headlines

No Headlines