Fujisash Co (TSE:5940) Inventory Turnover : 2.67 (As of Dec. 2023)

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What is Fujisash 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. Fujisash Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円22,262 Mil. Fujisash Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円8,342 Mil. Fujisash Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fujisash Co's Days Inventory for the three months ended in Dec. 2023 was 34.19.

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. Fujisash Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.

Fujisash Co Inventory Turnover Historical Data

The historical data trend for Fujisash 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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Fujisash Co Inventory Turnover Chart

Fujisash Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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5.09

5.16

4.59

6.37

11.37

Fujisash 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															2.56	2.98	2.37	2.51	2.67

Fujisash Co Inventory Turnover Calculation

Fujisash 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 )
=	87947	/ (	(7477	+	7996)	/	2 )
=	87947	/	7736.5
=	11.37

Fujisash 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 )
=	22262	/ (	(8256	+	8427)	/	2 )
=	22262	/	8341.5
=	2.67

Fujisash Co (TSE:5940) 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.

Fujisash 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
	=	8341.5	/	22262	*	365 / 4
	=	34.19

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.

Fujisash 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 )
	=	8341.5	/	25593
	=	0.33

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.

Fujisash Co Inventory Turnover Related Terms

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Fujisash Co (TSE:5940) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fujisash Co Ltd (TSE:5940) » Definitions » Inventory Turnover

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Address

4-32-1, Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-0031

Website

http://www.fujisash.co.jp

Fujisash Co Ltd engages in the manufacture and sale of building and housing construction materials. It offers sashes and curtain walls for buildings; building renewal services to various apartments and office buildings; frontage products, such as entrances of apartments and offices, as well as aperture facades of shops and showrooms; housing construction materials; multipurpose prefabricated house modules, and housing equipment; and LED modules. The company also provides urban waste processing systems to manufacture agents; and plant engineering of recycling and large-sized waste disposal facilities, and commodities as a supplier of light metals of aluminum. In addition, it is involved in the research and development of extrusion processing technology for magnesium alloys.

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