GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » United & Collective Co Ltd (TSE:3557) » Definitions » Inventory Turnover

Unitedllective Co (TSE:3557) Inventory Turnover : 6.90 (As of Aug. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Unitedllective 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. Unitedllective Co's Cost of Goods Sold for the three months ended in Aug. 2024 was 円398 Mil. Unitedllective Co's Average Total Inventories for the quarter that ended in Aug. 2024 was 円58 Mil. Unitedllective Co's Inventory Turnover for the quarter that ended in Aug. 2024 was 6.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Unitedllective Co's Days Inventory for the three months ended in Aug. 2024 was 13.23.

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. Unitedllective Co's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.04.


Unitedllective Co Inventory Turnover Historical Data

The historical data trend for Unitedllective 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.

Unitedllective Co Inventory Turnover Chart

Unitedllective 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 58.73 26.10 24.49 36.50 31.14

Unitedllective Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 7.22 6.98 7.04 7.57 6.90

Unitedllective Co Inventory Turnover Calculation

Unitedllective 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 )
=1494.042 / ((41.828 + 54.116) / 2 )
=1494.042 / 47.972
=31.14

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

Inventory Turnover (Q: Aug. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2024 ) / ((Total Inventories (Q: May. 2024 ) + Total Inventories (Q: Aug. 2024 )) / count )
=398.314 / ((57.255 + 58.24) / 2 )
=398.314 / 57.7475
=6.90

* 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.


Unitedllective Co  (TSE:3557) 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.

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

Days Inventory =Average Total Inventories (Q: Aug. 2024 )/Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=57.7475/398.314*365 / 4
=13.23

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=57.7475 / 1553.196
=0.04

* 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.


Unitedllective Co Inventory Turnover Related Terms

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


Unitedllective Co Business Description

Traded in Other Exchanges
N/A
Address
Po Box 532, 1-12-32 Akasaka Minato-ku, 23rd Floor, Ark Mori Building, Tokyo, JPN, 107-6023
United & Collective Co Ltd is engaged in Management of restaurants. It operates a Japanese-style pub. The restaurant specializes in chicken under the brands Kokoro, a Japanese restaurant and 3rd Burger, a hamburger cafe in Tokyo.

Unitedllective Co Headlines

No Headlines