Tigers Polymer (TSE:4231) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is Tigers Polymer 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. Tigers Polymer's Cost of Goods Sold for the three months ended in Sep. 2024 was 円0 Mil. Tigers Polymer's Average Total Inventories for the quarter that ended in Sep. 2024 was 円5,507 Mil. Tigers Polymer's Inventory Turnover for the quarter that ended in Sep. 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.

Tigers Polymer Inventory Turnover Historical Data

The historical data trend for Tigers Polymer'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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Tigers Polymer Inventory Turnover Chart

Tigers Polymer Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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7.95

7.50

7.09

6.82

7.00

Tigers Polymer Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															1.67	1.77	1.83	1.64	-

Tigers Polymer Inventory Turnover Calculation

Tigers Polymer's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	38007.687	/ (	(5569.638	+	5289.049)	/	2 )
=	38007.687	/	5429.3435
=	7.00

Tigers Polymer's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	0	/ (	(5289.049	+	5725.168)	/	2 )
=	0	/	5507.1085
=	0.00

Tigers Polymer (TSE:4231) 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.

Tigers Polymer's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	5507.1085	/	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.

Tigers Polymer's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	5507.1085	/	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.

Tigers Polymer Inventory Turnover Related Terms

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Tigers Polymer Business Description

Industry

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Address

4-1, 1-chome, Shinsenri Higashi-machi, Toyonaka, Osaka, JPN, 560-0082

Website

https://www.tiger-poly.com

Tigers Polymer Corp engages in the manufacture and sale of rubber hose, sheets, and molded parts for home appliances, automotive, air conditioning, civil engineering, and construction industries. The Hose division is engaged in the manufacture and sale of household hoses, which are used for vacuum cleaners, washing machines, and air conditioners, as well as industrial hoses, which are used for general industrial, civil engineering, and housing purposes. The Sheet division is engaged in the manufacture and sale of rubber sheets, which are used in packing and shock-absorbing materials, as well as the manufacture and sale of doormats. The Molded Product division is involved in the manufacture and sale of automobile parts, such as rubber-molded items and resin molded products.

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