Jenoba Co (TSE:5570) Inventory Turnover : 8.55 (As of Mar. 2024)

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What is Jenoba 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. Jenoba Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円58 Mil. Jenoba Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円7 Mil. Jenoba Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 8.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jenoba Co's Days Inventory for the three months ended in Mar. 2024 was 10.68.

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. Jenoba Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Jenoba Co Inventory Turnover Historical Data

The historical data trend for Jenoba 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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Jenoba Co Inventory Turnover Chart

Jenoba Co Annual Data

Trend

Sep21

Sep22

Sep23

Inventory Turnover

23.40

14.22

12.84

Jenoba Co Quarterly Data
	Sep21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial			2.61	4.74	4.89	5.72	8.55

Jenoba Co Inventory Turnover Calculation

Jenoba Co's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	248.398	/ (	(27.411	+	11.277)	/	2 )
=	248.398	/	19.344
=	12.84

Jenoba Co'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 )
=	58.479	/ (	(8.016	+	5.67)	/	2 )
=	58.479	/	6.843
=	8.55

Jenoba Co (TSE:5570) 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.

Jenoba Co'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
	=	6.843	/	58.479	*	365 / 4
	=	10.68

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.

Jenoba Co'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 )
	=	6.843	/	300.152
	=	0.02

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.

Jenoba Co Inventory Turnover Related Terms

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Jenoba Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Jenoba Co Ltd (TSE:5570) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

1-34-4 Kanda Suda-cho, 6th Floor, Kanda Glow Building, Chiyoda-ku, Tokyo, JPN, 101-0041

Website

https://www.jenoba.jp

Jenoba Co Ltd is engaged in the positional information data distribution service business.

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