Taisei Lamick Co (TSE:4994) Inventory Turnover : 1.25 (As of Dec. 2023)

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What is Taisei Lamick Co 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. Taisei Lamick Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円5,383 Mil. Taisei Lamick Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円4,312 Mil. Taisei Lamick Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taisei Lamick Co's Days Inventory for the three months ended in Dec. 2023 was 73.09.

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. Taisei Lamick Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.60.

Taisei Lamick Co Inventory Turnover Historical Data

The historical data trend for Taisei Lamick Co'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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Taisei Lamick Co Inventory Turnover Chart

Taisei Lamick Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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6.47

6.22

5.86

5.30

4.82

Taisei Lamick Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.11	1.11	1.17	1.16	1.25

Taisei Lamick Co Inventory Turnover Calculation

Taisei Lamick Co's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	21300.019	/ (	(4145.507	+	4700.282)	/	2 )
=	21300.019	/	4422.8945
=	4.82

Taisei Lamick Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	5383.441	/ (	(4462.217	+	4162.331)	/	2 )
=	5383.441	/	4312.274
=	1.25

Taisei Lamick Co (TSE:4994) 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.

Taisei Lamick Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	4312.274	/	5383.441	*	365 / 4
	=	73.09

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.

Taisei Lamick Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	4312.274	/	7158.229
	=	0.60

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.

Taisei Lamick Co Inventory Turnover Related Terms

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Taisei Lamick Co (TSE:4994) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Taisei Lamick Co Ltd (TSE:4994) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

873-1 Shimo-Ohsaki Shiraoka-machi, Minamisaitama-gun, Saitama, JPN, 349-0293

Website

http://www.lamick.co.jp

Taisei Lamick Co Ltd is a Japan-based company offering packaging materials and solutions. The company is mainly engaged in the manufacturing and sale of packaging products including plastic films, retort pouches and pouches with zippers for automatic filling with liquids and pastes. Taisei Lamick also produces and sells automated high-speed filling machines under the name DANGAN, and provides peripheral equipment, such as high-speed cutting machines and continuous cooling systems for packaging bags.

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