PHC Holdings (TSE:6523) Inventory Turnover : 1.01 (As of Mar. 2024)

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What is PHC Holdings 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. PHC Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was 円55,123 Mil. PHC Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was 円54,612 Mil. PHC Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PHC Holdings's Days Inventory for the three months ended in Mar. 2024 was 90.40.

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. PHC Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.56.

PHC Holdings Inventory Turnover Historical Data

The historical data trend for PHC Holdings'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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PHC Holdings Inventory Turnover Chart

PHC Holdings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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4.94

4.42

4.20

3.89

3.75

PHC Holdings Quarterly Data
	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial														0.80	0.82	0.85	1.01	0.89

PHC Holdings Inventory Turnover Calculation

PHC Holdings'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 )
=	195925	/ (	(51732	+	52651)	/	2 )
=	195925	/	52191.5
=	3.75

PHC Holdings'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 )
=	55123	/ (	(56572	+	52651)	/	2 )
=	55123	/	54611.5
=	1.01

PHC Holdings (TSE:6523) 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.

PHC Holdings'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
	=	54611.5	/	55123	*	365 / 4
	=	90.40

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.

PHC Holdings'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 )
	=	54611.5	/	97217
	=	0.56

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.

PHC Holdings Inventory Turnover Related Terms

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PHC Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PHC Holdings Corp (TSE:6523) » Definitions » Inventory Turnover

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PHCCF:USA 2GY:Germany

Address

2-38-5 Nishi-Shimbashi, Minato-ku, Tokyo, JPN, 105-8433

Website

https://www.phchd.com

PHC Holdings Corp is engaged in the development, manufacture and sale of healthcare devices and services.

PHC Holdings Headlines

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