Money Forward (TSE:3994) Inventory Turnover : 150.28 (As of Feb. 2024)

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

What is Money Forward 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. Money Forward's Cost of Goods Sold for the three months ended in Feb. 2024 was 円3,004 Mil. Money Forward's Average Total Inventories for the quarter that ended in Feb. 2024 was 円20 Mil. Money Forward's Inventory Turnover for the quarter that ended in Feb. 2024 was 150.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Money Forward's Days Inventory for the three months ended in Feb. 2024 was 0.61.

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. Money Forward's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.00.

Money Forward Inventory Turnover Historical Data

The historical data trend for Money Forward'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.

Money Forward Inventory Turnover Chart

Money Forward Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Inventory Turnover

Get a 7-Day Free Trial

350.02

81.97

91.90

383.02

696.70

Money Forward Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															125.23	127.83	124.23	199.69	150.28

Money Forward Inventory Turnover Calculation

Money Forward's Inventory Turnover for the fiscal year that ended in Nov. 2023 is calculated as

	Inventory Turnover (A: Nov. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2023 )	/ (	(Total Inventories (A: Nov. 2022 )	+	Total Inventories (A: Nov. 2023 ))	/	count )
=	11298.423	/ (	(20.426	+	12.008)	/	2 )
=	11298.423	/	16.217
=	696.70

Money Forward's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	3004.245	/ (	(12.008	+	27.974)	/	2 )
=	3004.245	/	19.991
=	150.28

Money Forward (TSE:3994) 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.

Money Forward's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	19.991	/	3004.245	*	365 / 4
	=	0.61

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.

Money Forward's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	19.991	/	9544.098
	=	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.

Money Forward Inventory Turnover Related Terms

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

Money Forward (TSE:3994) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Money Forward Inc (TSE:3994) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

47D:Germany

Address

21st Floor, msb Tamachi Tamachi Station Tower, S 3-1-21 Shibaura, Minato-ku, Tokyo, JPN, 108-0023

Website

https://corp.moneyforward.com

Money Forward Inc provides money-related services for individuals and corporations. Its service portfolio comprises personal financial management services and MF cloud services. Its personal financial management services include economic media that conveys money related themes, automatic savings app and mirai talk channel where customers can resolve their financial concerns together directly with financial planners. Its MF Cloud services comprise cloud accounting software, cloud-based tax return, invoice preparation software, payroll calculation, and cloud-based payment reconciliation.

Money Forward (TSE:3994) Headlines

No Headlines