Kokusai Electric (TSE:6525) Inventory Turnover : 0.35 (As of Mar. 2024)

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What is Kokusai Electric 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. Kokusai Electric's Cost of Goods Sold for the three months ended in Mar. 2024 was 円30,118 Mil. Kokusai Electric's Average Total Inventories for the quarter that ended in Mar. 2024 was 円87,251 Mil. Kokusai Electric's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kokusai Electric's Days Inventory for the three months ended in Mar. 2024 was 264.35.

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. Kokusai Electric's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.77.

Kokusai Electric Inventory Turnover Historical Data

The historical data trend for Kokusai Electric'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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Kokusai Electric Inventory Turnover Chart

Kokusai Electric Annual Data

Trend

Mar22

Mar23

Mar24

Inventory Turnover

2.68

2.44

1.37

Kokusai Electric Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial				0.54	0.25	0.30	0.37	0.35

Kokusai Electric Inventory Turnover Calculation

Kokusai Electric'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 )
=	105873	/ (	(67197	+	87682)	/	2 )
=	105873	/	77439.5
=	1.37

Kokusai Electric'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 )
=	30118	/ (	(86820	+	87682)	/	2 )
=	30118	/	87251
=	0.35

Kokusai Electric (TSE:6525) 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.

Kokusai Electric'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
	=	87251	/	30118	*	365 / 4
	=	264.35

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.

Kokusai Electric'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 )
	=	87251	/	49177
	=	1.77

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.

Kokusai Electric Inventory Turnover Related Terms

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Kokusai Electric (TSE:6525) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Kokusai Electric Corp (TSE:6525) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

69B:Germany

Address

3-4 Kanda Kaji-cho, 5th floor, oak Kanda Kajicho Building, Chiyoda-ku, Tokyo, JPN, 101-0045

Website

https://www.kokusai-electric.com

Kokusai Electric Corp is engaged in the development, manufacturing, sales, and installation of semiconductor manufacturing equipment, and services such as maintenance, repair, and parts sales of said equipment.

Kokusai Electric (TSE:6525) Headlines

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