GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tera Probe Inc (TSE:6627) » Definitions » Inventory Turnover

Tera Probe (TSE:6627) Inventory Turnover : 16.20 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Tera Probe 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. Tera Probe's Cost of Goods Sold for the three months ended in Mar. 2024 was 円6,611 Mil. Tera Probe's Average Total Inventories for the quarter that ended in Mar. 2024 was 円408 Mil. Tera Probe's Inventory Turnover for the quarter that ended in Mar. 2024 was 16.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tera Probe's Days Inventory for the three months ended in Mar. 2024 was 5.63.

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. Tera Probe's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.


Tera Probe Inventory Turnover Historical Data

The historical data trend for Tera Probe'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.

Tera Probe Inventory Turnover Chart

Tera Probe Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.41 32.03 35.03 66.45 113.68

Tera Probe 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 56.00 47.94 29.25 20.94 16.20

Tera Probe Inventory Turnover Calculation

Tera Probe's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=25721.646 / ((104.26 + 348.282) / 2 )
=25721.646 / 226.271
=113.68

Tera Probe'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 )
=6611.111 / ((348.282 + 468.074) / 2 )
=6611.111 / 408.178
=16.20

* 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.


Tera Probe  (TSE:6627) 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.

Tera Probe'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
=408.178/6611.111*365 / 4
=5.63

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.

Tera Probe'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 )
=408.178 / 8949.365
=0.05

* 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.


Tera Probe Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Tera Probe's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Tera Probe (TSE:6627) Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, KAKiYA Bluiding, 2-7-17 Shin-Yokohama, Kohoku-ku, Yokohama City, Kanagawa, JPN, 222-0033
Tera Probe Inc provides wafer testing and final testing. The company is also engaged in the system development business.

Tera Probe (TSE:6627) Headlines

No Headlines