Basis (TSE:4068) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Basis 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. Basis's Cost of Goods Sold for the three months ended in Dec. 2024 was 円0 Mil. Basis's Average Total Inventories for the quarter that ended in Dec. 2024 was 円326 Mil. Basis's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Basis Inventory Turnover Historical Data

The historical data trend for Basis'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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Basis Inventory Turnover Chart

Basis Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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27.52

22.30

20.62

21.27

18.46

Basis Quarterly Data
	Jun19	Jun20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial												3.99	3.90	4.36	5.26	-

Basis Inventory Turnover Calculation

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

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	5226.475	/ (	(263.262	+	302.858)	/	2 )
=	5226.475	/	283.06
=	18.46

Basis's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	0	/ (	(302.858	+	349.902)	/	2 )
=	0	/	326.38
=	0.00

Basis (TSE:4068) 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.

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

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	326.38	/	0	*	365 / 4
	=

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	326.38	/	0
	=

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.

Basis Inventory Turnover Related Terms

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Basis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Basis Corp (TSE:4068) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

1-9-2 Kitashinagawa, 5th Floor, TOKYO YB Building, Shinagawa-ku, Tokyo, JPN, 140-0001

Website

https://www.basis-corp.jp

Basis Corp is involved in the mobile engineering service, IoT engineering service and others services.

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