CAVE Interactive Co (TSE:3760) Inventory Turnover : 33.85 (As of May. 2024)

View and export this data going back to 2004. Start your Free Trial

What is CAVE Interactive 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. CAVE Interactive Co's Cost of Goods Sold for the three months ended in May. 2024 was 円2,136 Mil. CAVE Interactive Co's Average Total Inventories for the quarter that ended in May. 2024 was 円63 Mil. CAVE Interactive Co's Inventory Turnover for the quarter that ended in May. 2024 was 33.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CAVE Interactive Co's Days Inventory for the three months ended in May. 2024 was 2.70.

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. CAVE Interactive Co's Inventory-to-Revenue for the quarter that ended in May. 2024 was 0.02.

CAVE Interactive Co Inventory Turnover Historical Data

The historical data trend for CAVE Interactive 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.

CAVE Interactive Co Inventory Turnover Chart

CAVE Interactive Co Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Inventory Turnover

Get a 7-Day Free Trial

361.40

419.32

35.46

71.09

124.12

CAVE Interactive Co Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Inventory Turnover	Get a 7-Day Free Trial															30.36	23.27	24.22	24.38	33.85

CAVE Interactive Co Inventory Turnover Calculation

CAVE Interactive Co's Inventory Turnover for the fiscal year that ended in May. 2024 is calculated as

	Inventory Turnover (A: May. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2024 )	/ (	(Total Inventories (A: May. 2023 )	+	Total Inventories (A: May. 2024 ))	/	count )
=	6828.815	/ (	(58.625	+	51.415)	/	2 )
=	6828.815	/	55.02
=	124.12

CAVE Interactive Co's Inventory Turnover for the quarter that ended in May. 2024 is calculated as

	Inventory Turnover (Q: May. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: May. 2024 )	/ (	(Total Inventories (Q: Feb. 2024 )	+	Total Inventories (Q: May. 2024 ))	/	count )
=	2135.66	/ (	(74.758	+	51.415)	/	2 )
=	2135.66	/	63.0865
=	33.85

CAVE Interactive Co (TSE:3760) 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.

CAVE Interactive Co's Days Inventory for the three months ended in May. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2024 )	/	Cost of Goods Sold (Q: May. 2024 )	*	Days in Period
	=	63.0865	/	2135.66	*	365 / 4
	=	2.70

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.

CAVE Interactive Co's Inventory to Revenue for the quarter that ended in May. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2024 )	/	Revenue (Q: May. 2024 )
	=	63.0865	/	3713.247
	=	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.

CAVE Interactive Co Inventory Turnover Related Terms

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

CAVE Interactive Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » CAVE Interactive Co Ltd (TSE:3760) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nakameguro GT Tower, 2-1-1 Kamimeguro, Meguro-ku, 9th Floor, Tokyo, JPN, 153-0051

Website

http://www.cave.co.jp

CAVE Interactive Co Ltd is a game creator. It is engaged in business such as mobile entertainment, content media and entertainment marketing, business planning, production management. It provides mobile media entertainment content. It develops music, social media applications, and online games, arcade video games such as deathsmiles, espagaluda, dodonpachi resurrection and shin megami.

CAVE Interactive Co Headlines

No Headlines