Zappallas (TSE:3770) Inventory Turnover : 206.38 (As of Apr. 2024)

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What is Zappallas 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. Zappallas's Cost of Goods Sold for the three months ended in Apr. 2024 was 円320 Mil. Zappallas's Average Total Inventories for the quarter that ended in Apr. 2024 was 円2 Mil. Zappallas's Inventory Turnover for the quarter that ended in Apr. 2024 was 206.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zappallas's Days Inventory for the three months ended in Apr. 2024 was 0.44.

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. Zappallas's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.00.

Zappallas Inventory Turnover Historical Data

The historical data trend for Zappallas'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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Zappallas Inventory Turnover Chart

Zappallas Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Inventory Turnover

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40.84

30.45

28.24

43.98

99.28

Zappallas Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Inventory Turnover	Get a 7-Day Free Trial															8.89	23.98	168.52	176.11	206.38

Zappallas Inventory Turnover Calculation

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

	Inventory Turnover (A: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2024 )	/ (	(Total Inventories (A: Apr. 2023 )	+	Total Inventories (A: Apr. 2024 ))	/	count )
=	1239.851	/ (	(23.545	+	1.433)	/	2 )
=	1239.851	/	12.489
=	99.28

Zappallas's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

	Inventory Turnover (Q: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2024 )	/ (	(Total Inventories (Q: Jan. 2024 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )
=	320.41	/ (	(1.672	+	1.433)	/	2 )
=	320.41	/	1.5525
=	206.38

Zappallas (TSE:3770) 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.

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

Days Inventory	=	Average Total Inventories (Q: Apr. 2024 )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
	=	1.5525	/	320.41	*	365 / 4
	=	0.44

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2024 )	/	Revenue (Q: Apr. 2024 )
	=	1.5525	/	1077.905
	=	0.00

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.

Zappallas Inventory Turnover Related Terms

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Zappallas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zappallas Inc (TSE:3770) » Definitions » Inventory Turnover

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Address

9-7-1, Akasaka, Midtown Tower, 23rd Floor, Minato-ku, Tokyo, JPN

Website

https://www.zappallas.com

Zappallas Inc conducts business by supplying many kinds of services to general consumers and corporations, ranging from digital content to online shopping, mobile advertising, and solutions, in fortune-telling and related fields. The company has diversified its operations into three business divisions, Video streaming, Real-world events, and Divination services.

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