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NISHIKAWA KEISOKU Co (TSE:7500) Inventory Turnover : 2.50 (As of Jun. 2024)


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What is NISHIKAWA KEISOKU 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. NISHIKAWA KEISOKU Co's Cost of Goods Sold for the three months ended in Jun. 2024 was 円5,400 Mil. NISHIKAWA KEISOKU Co's Average Total Inventories for the quarter that ended in Jun. 2024 was 円2,161 Mil. NISHIKAWA KEISOKU Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NISHIKAWA KEISOKU Co's Days Inventory for the three months ended in Jun. 2024 was 36.52.

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. NISHIKAWA KEISOKU Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.32.


NISHIKAWA KEISOKU Co Inventory Turnover Historical Data

The historical data trend for NISHIKAWA KEISOKU 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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NISHIKAWA KEISOKU Co Inventory Turnover Chart

NISHIKAWA KEISOKU Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.30 15.15 14.78 15.87 14.09

NISHIKAWA KEISOKU Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.95 2.52 2.91 4.80 2.50

NISHIKAWA KEISOKU Co Inventory Turnover Calculation

NISHIKAWA KEISOKU Co's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Inventory Turnover (A: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2024 ) / ((Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count )
=28055.377 / ((1719.808 + 2261.899) / 2 )
=28055.377 / 1990.8535
=14.09

NISHIKAWA KEISOKU Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count )
=5399.54 / ((2059.834 + 2261.899) / 2 )
=5399.54 / 2160.8665
=2.50

* 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.


NISHIKAWA KEISOKU Co  (TSE:7500) 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.

NISHIKAWA KEISOKU Co's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=2160.8665/5399.54*365 / 4
=36.52

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.

NISHIKAWA KEISOKU Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=2160.8665 / 6678.583
=0.32

* 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.


NISHIKAWA KEISOKU Co Inventory Turnover Related Terms

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NISHIKAWA KEISOKU Co Business Description

Traded in Other Exchanges
N/A
Address
3-13-16 Mita, Minato-ku, Tokyo, JPN
NISHIKAWA KEISOKU Co Ltd sells measuring instruments, control equipment and information systems. The company also designs and constructs systems engineering and control systems.

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