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Shin Maint Holdings Co (TSE:6086) Inventory Turnover : 22.33 (As of Nov. 2024)


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What is Shin Maint Holdings 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. Shin Maint Holdings Co's Cost of Goods Sold for the three months ended in Nov. 2024 was 円5,179 Mil. Shin Maint Holdings Co's Average Total Inventories for the quarter that ended in Nov. 2024 was 円232 Mil. Shin Maint Holdings Co's Inventory Turnover for the quarter that ended in Nov. 2024 was 22.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shin Maint Holdings Co's Days Inventory for the three months ended in Nov. 2024 was 4.09.

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. Shin Maint Holdings Co's Inventory-to-Revenue for the quarter that ended in Nov. 2024 was 0.03.


Shin Maint Holdings Co Inventory Turnover Historical Data

The historical data trend for Shin Maint Holdings 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.

* Premium members only.

Shin Maint Holdings Co Inventory Turnover Chart

Shin Maint Holdings Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.75 106.19 77.90 93.40 115.88

Shin Maint Holdings Co Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 23.33 24.09 25.14 22.33 21.62

Shin Maint Holdings Co Inventory Turnover Calculation

Shin Maint Holdings Co's Inventory Turnover for the fiscal year that ended in Feb. 2025 is calculated as

Inventory Turnover (A: Feb. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2025 ) / ((Total Inventories (A: Feb. 2024 ) + Total Inventories (A: Feb. 2025 )) / count )
=19868.239 / ((152.558 + 190.355) / 2 )
=19868.239 / 171.4565
=115.88

Shin Maint Holdings Co's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

Inventory Turnover (Q: Nov. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2024 ) / ((Total Inventories (Q: Aug. 2024 ) + Total Inventories (Q: Nov. 2024 )) / count )
=5178.513 / ((239.341 + 224.418) / 2 )
=5178.513 / 231.8795
=22.33

* 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.


Shin Maint Holdings Co  (TSE:6086) 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.

Shin Maint Holdings Co's Days Inventory for the three months ended in Nov. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2024 )/Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=231.8795/5178.513*365 / 4
=4.09

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.

Shin Maint Holdings Co's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2024 ) / Revenue (Q: Nov. 2024 )
=231.8795 / 6756.806
=0.03

* 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.


Shin Maint Holdings Co Inventory Turnover Related Terms

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Shin Maint Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 13 No. 8 Keihin Higashioi Building 3F, Shinagawa-ku, Tokyo, JPN, 140-0011
Shin Maint Holdings Co Ltd is engaged in providing maintenance services for fixing and maintaining equipment and facilities for restaurant chains.

Shin Maint Holdings Co Headlines

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