Nomura Micro Science Co (TSE:6254) Inventory Turnover : 3.63 (As of Dec. 2023)

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What is Nomura Micro Science 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. Nomura Micro Science Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円20,654 Mil. Nomura Micro Science Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円5,682 Mil. Nomura Micro Science Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nomura Micro Science Co's Days Inventory for the three months ended in Dec. 2023 was 25.10.

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. Nomura Micro Science Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.23.

Nomura Micro Science Co Inventory Turnover Historical Data

The historical data trend for Nomura Micro Science 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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Nomura Micro Science Co Inventory Turnover Chart

Nomura Micro Science Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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15.07

26.32

23.00

18.65

7.43

Nomura Micro Science Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															3.52	2.99	4.78	3.63	0.83

Nomura Micro Science Co Inventory Turnover Calculation

Nomura Micro Science 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 )
=	57614.352	/ (	(2888.912	+	12615.2)	/	2 )
=	57614.352	/	7752.056
=	7.43

Nomura Micro Science 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 )
=	20654.235	/ (	(3958.952	+	7405.756)	/	2 )
=	20654.235	/	5682.354
=	3.63

Nomura Micro Science Co (TSE:6254) 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.

Nomura Micro Science 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
	=	5682.354	/	20654.235	*	365 / 4
	=	25.10

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.

Nomura Micro Science 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 )
	=	5682.354	/	24742.55
	=	0.23

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.

Nomura Micro Science Co Inventory Turnover Related Terms

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Nomura Micro Science Co (TSE:6254) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nomura Micro Science Co Ltd (TSE:6254) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

2-9-8, Okata, Atsugi-shi, Kanagawa-ken, Kanagawa, JPN

Website

http://www.nomura-nms.co.jp

Nomura Micro Science Co., Ltd. Operates in the electronic industry, pharmaceutical industry, food industry, biotechnology, and environmental energy. The products of the company include water treatment equipment, water treatment unit, functional purification equipment, measuring equipment, and chemical liquid supply device.

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