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PR TIMES (TSE:3922) Inventory Turnover : 0.00 (As of Aug. 2024)


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What is PR TIMES 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. PR TIMES's Cost of Goods Sold for the three months ended in Aug. 2024 was 円308 Mil. PR TIMES's Average Total Inventories for the quarter that ended in Aug. 2024 was 円0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PR TIMES's Days Inventory for the three months ended in Aug. 2024 was 0.00.

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. PR TIMES's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.00.


PR TIMES Inventory Turnover Historical Data

The historical data trend for PR TIMES'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.

PR TIMES Inventory Turnover Chart

PR TIMES 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 16,733.08 21,650.88 - - -

PR TIMES 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 - - - - -

PR TIMES Inventory Turnover Calculation

PR TIMES'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 )
=942.524 / ((0 + 0) / 1 )
=942.524 / 0
=N/A

PR TIMES'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 )
=308.314 / ((0 + 0) / 1 )
=308.314 / 0
=N/A

* 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.


PR TIMES  (TSE:3922) 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.

PR TIMES'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
=0/308.314*365 / 4
=0.00

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.

PR TIMES'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 )
=0 / 1966.999
=0.00

* 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.


PR TIMES Inventory Turnover Related Terms

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PR TIMES Business Description

Traded in Other Exchanges
N/A
Address
1-11-44 Akasaka, Akasaka Intercity, 8th Floor, Minato-ku, Tokyo, JPN, 107-0052
PR TIMES Corp provides news release distribution services in Japan and internationally. The company operates platform business, which connects companies and consumers with news. Its company users use PR TIMES in news spreading, such as publish of new products and services, notice of events and campaign, and performance trends release to get a high return on investment. It offers PR strategy/tactics planning, media/SNS planning design, and content creation promotion, as well as press release distribution services.

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