Oki Electric Industry Co (TSE:6703) Inventory Turnover : 0.89 (As of Dec. 2024)

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What is Oki Electric Industry 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. Oki Electric Industry Co's Cost of Goods Sold for the three months ended in Dec. 2024 was 円82,217 Mil. Oki Electric Industry Co's Average Total Inventories for the quarter that ended in Dec. 2024 was 円92,136 Mil. Oki Electric Industry Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oki Electric Industry Co's Days Inventory for the three months ended in Dec. 2024 was 102.26.

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. Oki Electric Industry Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.84.

Oki Electric Industry Co Inventory Turnover Historical Data

The historical data trend for Oki Electric Industry 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.

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Oki Electric Industry Co Inventory Turnover Chart

Oki Electric Industry Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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5.81

5.89

4.96

4.20

4.30

Oki Electric Industry Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.97	1.24	1.01	0.83	0.89

Oki Electric Industry Co Inventory Turnover Calculation

Oki Electric Industry Co'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 )
=	316443	/ (	(76435	+	70770)	/	2 )
=	316443	/	73602.5
=	4.30

Oki Electric Industry Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	82217	/ (	(90909	+	93362)	/	2 )
=	82217	/	92135.5
=	0.89

Oki Electric Industry Co (TSE:6703) 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.

Oki Electric Industry Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	92135.5	/	82217	*	365 / 4
	=	102.26

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.

Oki Electric Industry Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	92135.5	/	109336
	=	0.84

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.

Oki Electric Industry Co Inventory Turnover Related Terms

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Oki Electric Industry Co Business Description

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OKIEF:USA OKI:Germany

Address

1-7-12 Toranomon, Minato-ku, Tokyo, JPN, 105-8460

Website

http://www.oki.com

Oki Electric Industry Co Ltd is a Japanese manufacturer of telecommunications and printer products to telecommunication carriers, financial institutions, government agencies, and corporations. Its business is organized by product line into: information and communication technology, including traffic infrastructure-, disaster-, and self defense-related systems; mechatronics systems, including ATMs, cash handling equipment, and bank branch terminals; printers, including color printers, wide-format inkjets, and multifunction printers; and electronics manufacturing services for industrial, medical, and communications equipment.

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