Suido Kiko Kaisha (TSE:6403) Inventory Turnover : 9.78 (As of Mar. 2024)

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What is Suido Kiko Kaisha 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. Suido Kiko Kaisha's Cost of Goods Sold for the three months ended in Mar. 2024 was 円7,233 Mil. Suido Kiko Kaisha's Average Total Inventories for the quarter that ended in Mar. 2024 was 円740 Mil. Suido Kiko Kaisha's Inventory Turnover for the quarter that ended in Mar. 2024 was 9.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Suido Kiko Kaisha's Days Inventory for the three months ended in Mar. 2024 was 9.33.

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. Suido Kiko Kaisha's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.08.

Suido Kiko Kaisha Inventory Turnover Historical Data

The historical data trend for Suido Kiko Kaisha'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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Suido Kiko Kaisha Inventory Turnover Chart

Suido Kiko Kaisha Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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26.59

31.67

35.57

38.48

36.25

Suido Kiko Kaisha 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															8.77	5.29	4.94	4.37	9.78

Suido Kiko Kaisha Inventory Turnover Calculation

Suido Kiko Kaisha'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 )
=	17271	/ (	(455	+	498)	/	2 )
=	17271	/	476.5
=	36.25

Suido Kiko Kaisha'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 )
=	7233	/ (	(981	+	498)	/	2 )
=	7233	/	739.5
=	9.78

Suido Kiko Kaisha (TSE:6403) 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.

Suido Kiko Kaisha'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
	=	739.5	/	7233	*	365 / 4
	=	9.33

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.

Suido Kiko Kaisha'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 )
	=	739.5	/	9419
	=	0.08

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.

Suido Kiko Kaisha Inventory Turnover Related Terms

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Suido Kiko Kaisha Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Suido Kiko Kaisha Ltd (TSE:6403) » Definitions » Inventory Turnover

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Address

5-48-16, Sakuragaoka, Setagaya-ku, Tokyo, JPN, 156 0054

Website

http://www.suiki.co.jp

Suido Kiko Kaisha, Ltd. is a Japan-based engineering and construction company. Its business activities include designing, construction and supervision of environmental protection and sanitation facilities and water supply and sewage facilities. In addition, the organization also installs and sells water treatment equipment and measuring instruments. The other businesses of the company are working dispatching business, and manufacturing and selling of industrial chemicals.

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