Ymirlink (TSE:4372) Inventory Turnover : 88.87 (As of Mar. 2024)

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

What is Ymirlink 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. Ymirlink's Cost of Goods Sold for the three months ended in Mar. 2024 was 円214 Mil. Ymirlink's Average Total Inventories for the quarter that ended in Mar. 2024 was 円2 Mil. Ymirlink's Inventory Turnover for the quarter that ended in Mar. 2024 was 88.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ymirlink's Days Inventory for the three months ended in Mar. 2024 was 1.03.

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. Ymirlink's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Ymirlink Inventory Turnover Historical Data

The historical data trend for Ymirlink'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.

Ymirlink Inventory Turnover Chart

Ymirlink Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

200.98

229.54

449.99

1,150.63

515.39

Ymirlink Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial									1,152.92	110.02	57.19	66.97	88.87

Ymirlink Inventory Turnover Calculation

Ymirlink's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	725.416	/ (	(0.236	+	2.579)	/	2 )
=	725.416	/	1.4075
=	515.39

Ymirlink's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	213.816	/ (	(2.579	+	2.233)	/	2 )
=	213.816	/	2.406
=	88.87

Ymirlink (TSE:4372) 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.

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

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	2.406	/	213.816	*	365 / 4
	=	1.03

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2.406	/	648.538
	=	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.

Ymirlink Inventory Turnover Related Terms

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

Ymirlink (TSE:4372) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ymirlink Inc (TSE:4372) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-1 Yoyogi, Shibuya-ku, 12th Floor, Odakyu Southern Tower, Tokyo, JPN, 151-8583

Website

https://www.ymir.co.jp

Ymirlink Inc provides messaging solutions that enable businesses to communicate effectively, safely and securely using the Internet. The company offers a messaging solution that connects companies, organizations with society, individuals through the messaging platform Cuenote.

Ymirlink (TSE:4372) Headlines

No Headlines