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NIPPON KINZOKU Co (TSE:5491) Inventory Turnover : 0.00 (As of Sep. 2024)


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What is NIPPON KINZOKU 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. NIPPON KINZOKU Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円0 Mil. NIPPON KINZOKU Co's Average Total Inventories for the quarter that ended in Sep. 2024 was 円14,252 Mil. NIPPON KINZOKU Co'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.


NIPPON KINZOKU Co Inventory Turnover Historical Data

The historical data trend for NIPPON KINZOKU 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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NIPPON KINZOKU Co Inventory Turnover Chart

NIPPON KINZOKU Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.75 3.66 4.02 3.37 3.11

NIPPON KINZOKU Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.74 0.86 0.83 -

NIPPON KINZOKU Co Inventory Turnover Calculation

NIPPON KINZOKU Co'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 )
=47146 / ((15739 + 14550) / 2 )
=47146 / 15144.5
=3.11

NIPPON KINZOKU Co'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 / ((14550 + 13954) / 2 )
=0 / 14252
=0.00

* 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.


NIPPON KINZOKU Co  (TSE:5491) 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.

NIPPON KINZOKU Co'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
=14252/0*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.

NIPPON KINZOKU Co'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 )
=14252 / 0
=

* 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.


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.


NIPPON KINZOKU Co Inventory Turnover Related Terms

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NIPPON KINZOKU Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7, No. 30 5-chome, Minato-ku, Shiba, Tokyo, JPN, 108001
NIPPON KINZOKU Co Ltd is a Japanese based company engaged in the steel business. It is involved in the manufacturing of cold-rolled stainless steel strip polishing magnesium alloy belt and stainless steel processed products and other titanium alloy magnesium metal products.

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