Hakuto Co (TSE:7433) Inventory Turnover : 0.65 (As of Mar. 2024)

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What is Hakuto 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. Hakuto Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円35,467 Mil. Hakuto Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円54,180 Mil. Hakuto Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hakuto Co's Days Inventory for the three months ended in Mar. 2024 was 139.40.

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. Hakuto Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.30.

Hakuto Co Inventory Turnover Historical Data

The historical data trend for Hakuto 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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Hakuto Co Inventory Turnover Chart

Hakuto Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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4.39

4.28

4.56

4.51

2.98

Hakuto 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															0.99	0.77	0.80	0.78	0.65

Hakuto Co Inventory Turnover Calculation

Hakuto 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 )
=	155213	/ (	(47972	+	56148)	/	2 )
=	155213	/	52060
=	2.98

Hakuto 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 )
=	35467	/ (	(52212	+	56148)	/	2 )
=	35467	/	54180
=	0.65

Hakuto Co (TSE:7433) 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.

Hakuto 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
	=	54180	/	35467	*	365 / 4
	=	139.40

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.

Hakuto 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 )
	=	54180	/	41673
	=	1.30

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.

Hakuto Co Inventory Turnover Related Terms

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Hakuto Co (TSE:7433) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hakuto Co Ltd (TSE:7433) » Definitions » Inventory Turnover

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Address

1-13, Shinjuku 1-Chome, Shinjuku-Ku, Tokyo, JPN, 160-8910

Website

http://www.hakuto.co.jp

Hakuto Co Ltd engages in the manufacture and sale of electronic materials and chemicals. It operates through the following divisions: Semiconductor Devices, Electronic Components, Electronic and Electric Equipment, And Chemicals. The Electronic Components includes semiconductor devices, connectors, and optical components. The Electronic and Electric Equipment consists of devices and equipment used in the production of semiconductors, printed circuit boards, turbo-molecular pumps, refrigerator units, and electrostatic accelerators. The Chemicals unit deals with chemicals used in oil refining, petrochemical, water treatment, cosmetics, and pulp and paper industries.

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