Fast Fitness Japan (TSE:7092) Inventory Turnover : 10.54 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Fast Fitness Japan 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. Fast Fitness Japan's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,103 Mil. Fast Fitness Japan's Average Total Inventories for the quarter that ended in Dec. 2023 was 円200 Mil. Fast Fitness Japan's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fast Fitness Japan's Days Inventory for the three months ended in Dec. 2023 was 8.66.

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. Fast Fitness Japan's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Fast Fitness Japan Inventory Turnover Historical Data

The historical data trend for Fast Fitness Japan'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.

Fast Fitness Japan Inventory Turnover Chart

Fast Fitness Japan Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

39.61

42.51

43.32

48.77

39.30

Fast Fitness Japan Quarterly Data
	Mar18	Mar19	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial													9.43	8.03	8.79	10.09	10.54

Fast Fitness Japan Inventory Turnover Calculation

Fast Fitness Japan's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	8411	/ (	(145	+	283)	/	2 )
=	8411	/	214
=	39.30

Fast Fitness Japan's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2103	/ (	(219	+	180)	/	2 )
=	2103	/	199.5
=	10.54

Fast Fitness Japan (TSE:7092) 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.

Fast Fitness Japan's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	199.5	/	2103	*	365 / 4
	=	8.66

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.

Fast Fitness Japan's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	199.5	/	3983
	=	0.05

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.

Fast Fitness Japan Inventory Turnover Related Terms

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

Fast Fitness Japan (TSE:7092) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Fast Fitness Japan Inc (TSE:7092) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shinjuku-ku, 6-12-1 Park West 6th Floor, Nishi-Shinjuku, Tokyo, JPN, 160-0023

Website

https://fastfitnessjapan.jp

Fast Fitness Japan Inc is an operator of fitness club in Japan. The company engages in planning and management of fitness club under the name anytime fitness.

Fast Fitness Japan (TSE:7092) Headlines

No Headlines