SecondXight Analytica (TSE:5028) Inventory Turnover : 307.63 (As of Mar. 2024)

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What is SecondXight Analytica 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. SecondXight Analytica's Cost of Goods Sold for the three months ended in Mar. 2024 was 円122.1 Mil. SecondXight Analytica's Average Total Inventories for the quarter that ended in Mar. 2024 was 円0.4 Mil. SecondXight Analytica's Inventory Turnover for the quarter that ended in Mar. 2024 was 307.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SecondXight Analytica's Days Inventory for the three months ended in Mar. 2024 was 0.30.

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

SecondXight Analytica Inventory Turnover Historical Data

The historical data trend for SecondXight Analytica'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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SecondXight Analytica Inventory Turnover Chart

SecondXight Analytica Annual Data

Trend

Mar20

Mar21

Mar22

Inventory Turnover

16.31

30.38

102.08

SecondXight Analytica Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial							22.29	137.24	84.98	80.24	307.63

SecondXight Analytica Inventory Turnover Calculation

SecondXight Analytica's Inventory Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Inventory Turnover (A: Mar. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2022 )	/ (	(Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )
=	272.349	/ (	(5.239	+	0.097)	/	2 )
=	272.349	/	2.668
=	102.08

SecondXight Analytica'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 )
=	122.131	/ (	(0	+	0.397)	/	1 )
=	122.131	/	0.397
=	307.63

SecondXight Analytica (TSE:5028) 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.

SecondXight Analytica'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
	=	0.397	/	122.131	*	365 / 4
	=	0.30

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.

SecondXight Analytica'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 )
	=	0.397	/	256.42
	=	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.

SecondXight Analytica Inventory Turnover Related Terms

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SecondXight Analytica (TSE:5028) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SecondXight Analytica Inc (TSE:5028) » Definitions » Inventory Turnover

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Address

3-2-11 Nihonbashihoncho, Imon Nihonbashihoncho Building 4th Floor, Chuo-ku, Tokyo, JPN, 103-0023

Website

https://www.sxi.co.jp

SecondXight Analytica Inc is engaged in providing analytics consulting services and artificial intelligence products based on machine learning and deep learning.

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