Coly (TSE:4175) Inventory Turnover : 8.12 (As of Apr. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Coly 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. Coly's Cost of Goods Sold for the three months ended in Apr. 2024 was 円630 Mil. Coly's Average Total Inventories for the quarter that ended in Apr. 2024 was 円78 Mil. Coly's Inventory Turnover for the quarter that ended in Apr. 2024 was 8.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Coly's Days Inventory for the three months ended in Apr. 2024 was 11.24.

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. Coly's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.09.

Coly Inventory Turnover Historical Data

The historical data trend for Coly'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.

Coly Inventory Turnover Chart

Coly Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

Get a 7-Day Free Trial

42.40

44.96

50.29

37.89

31.95

Coly Quarterly Data
	Jan19	Jan20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Inventory Turnover	Get a 7-Day Free Trial												6.64	9.34	9.66	11.16	8.12

Coly Inventory Turnover Calculation

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

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	3226.884	/ (	(114.589	+	87.411)	/	2 )
=	3226.884	/	101
=	31.95

Coly'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 )
=	629.52	/ (	(87.411	+	67.698)	/	2 )
=	629.52	/	77.5545
=	8.12

Coly (TSE:4175) 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.

Coly'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
	=	77.5545	/	629.52	*	365 / 4
	=	11.24

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.

Coly'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 )
	=	77.5545	/	901.1
	=	0.09

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.

Coly Inventory Turnover Related Terms

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

Coly (TSE:4175) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Coly Inc (TSE:4175) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-2-6 Akasaka, Sumitomo Real Estate New Akasaka Building 5th Floor, Minato-ku, Tokyo, JPN, 107-0052

Website

https://www.colyinc.com

Coly Inc is primarily engaged in the planning, development and operation of mobile online games.

Coly (TSE:4175) Headlines

No Headlines