Lightworks (TSE:4267) Inventory Turnover : 42.30 (As of Jan. 2024)

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What is Lightworks 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. Lightworks's Cost of Goods Sold for the three months ended in Jan. 2024 was 円557 Mil. Lightworks's Average Total Inventories for the quarter that ended in Jan. 2024 was 円13 Mil. Lightworks's Inventory Turnover for the quarter that ended in Jan. 2024 was 42.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lightworks's Days Inventory for the three months ended in Jan. 2024 was 2.16.

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. Lightworks's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.01.

Lightworks Inventory Turnover Historical Data

The historical data trend for Lightworks'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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Lightworks Inventory Turnover Chart

Lightworks Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

21.44

57.33

83.10

89.00

203.10

Lightworks Quarterly Data
	Jan20	Jan21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial							30.72	38.05	37.95	30.35	42.30

Lightworks Inventory Turnover Calculation

Lightworks'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 )
=	1986.007	/ (	(12.454	+	7.103)	/	2 )
=	1986.007	/	9.7785
=	203.10

Lightworks's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	556.64	/ (	(19.213	+	7.103)	/	2 )
=	556.64	/	13.158
=	42.30

Lightworks (TSE:4267) 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.

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

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	13.158	/	556.64	*	365 / 4
	=	2.16

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	13.158	/	929.923
	=	0.01

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.

Lightworks Inventory Turnover Related Terms

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Lightworks (TSE:4267) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Lightworks Corp (TSE:4267) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-3-3 Kojimach, Chiyoda-ku, Tokyo, JPN, 102-0083

Website

http://www.lightworks.co.jp

Lightworks Corp is engaged in providing next-generation learning management, human resources development platform and incidental consulting services.

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