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Inbound Platform (TSE:5587) Inventory Turnover : 20.64 (As of Sep. 2024)


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What is Inbound Platform 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. Inbound Platform's Cost of Goods Sold for the six months ended in Sep. 2024 was 円448 Mil. Inbound Platform's Average Total Inventories for the quarter that ended in Sep. 2024 was 円22 Mil. Inbound Platform's Inventory Turnover for the quarter that ended in Sep. 2024 was 20.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inbound Platform's Days Inventory for the six months ended in Sep. 2024 was 8.84.

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. Inbound Platform's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.02.

Inbound Platform Inventory Turnover Historical Data

The historical data trend for Inbound Platform'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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Inbound Platform Inventory Turnover Chart

Inbound Platform Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Inventory Turnover
23.27 43.59 98.87 50.54

Inbound Platform Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24
Inventory Turnover Get a 7-Day Free Trial - 86.55 55.71 29.35 20.64

Inbound Platform Inventory Turnover Calculation

Inbound Platform's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Inventory Turnover (A: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2024 ) / ((Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count )
=924.706 / ((12.802 + 23.793) / 2 )
=924.706 / 18.2975
=50.54

Inbound Platform'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 )
=448.356 / ((19.66 + 23.793) / 2 )
=448.356 / 21.7265
=20.64

* 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.

Inbound Platform  (TSE:5587) 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.

Inbound Platform's Days Inventory for the six 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
=21.7265/448.356*365 / 2
=8.84

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.

Inbound Platform'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 )
=21.7265 / 1236.395
=0.02

* 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.

Inbound Platform Inventory Turnover Related Terms

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Inbound Platform Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Inbound Platform Corp (TSE:5587) » Definitions » Inventory Turnover
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TSE:5704 TSE:9225 TSE:9087 TSE:3802 NGO:7870 TSE:7694 TSE:148A TSE:9820 TSE:4197 TSE:7850 LSE:REL CTAS TSX:TRI CPRT XAMS:WKL TSX:RBA ASX:BXB GPN ULS LSE:RTO
Traded in Other Exchanges
N/A
Address
6-14-5 Shimbashi, 4th floor, SW Shimbashi Building, Minato-ku, Tokyo, JPN, 105-0004
Website
https://www.inbound-platform.com
Inbound Platform Corp is engaged in providing Pocket Wi-Fi, RV rental, foreign currency exchange services, and online travel information so foreign visitors can enjoy Japan even more. Its business operations primarily cater to foreign visitors in Japan.

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