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SUS Co (TSE:6554) Inventory Turnover : 70.33 (As of Mar. 2024)


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What is SUS 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. SUS Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円2,321 Mil. SUS Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円33 Mil. SUS Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 70.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SUS Co's Days Inventory for the three months ended in Mar. 2024 was 1.30.

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. SUS Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.


SUS Co Inventory Turnover Historical Data

The historical data trend for SUS 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.

SUS Co Inventory Turnover Chart

SUS Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 599.02 744.27 1,020.86 697.90 781.45

SUS 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 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 86.13 263.65 256.89 87.33 70.33

SUS Co Inventory Turnover Calculation

SUS Co's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Inventory Turnover (A: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2023 ) / ((Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count )
=8596 / ((16 + 6) / 2 )
=8596 / 11
=781.45

SUS Co'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 )
=2321 / ((45 + 21) / 2 )
=2321 / 33
=70.33

* 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.


SUS Co  (TSE:6554) 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.

SUS Co'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
=33/2321*365 / 4
=1.30

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.

SUS Co'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 )
=33 / 3155
=0.01

* 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.


SUS Co Inventory Turnover Related Terms

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SUS Co (TSE:6554) Business Description

Traded in Other Exchanges
N/A
Address
8, Naginatabokocho, Kyoto Mitsui Building, 5th Floor, ShijoKarasuma Higashiiru, Shimogyo-ku, Kyoto, JPN, 600-8008
SUS Co Ltd provides engineering outsourcing services in the fields of machinery, electricity, electronics, software, chemistry, and biotechnology. It segments include: The Dispatch of Engineer segment provides specialized technician dispatching service mainly in four fields: Information Technology(IT), Machinery, Electrical/Electronic and Chemical/Bio. The service is provided individually or in teams. The company also provides business contracting service.

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