GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MeganTop Co., Ltd. (TSE:7541) » Definitions » Inventory Turnover

MeganTop Co., (TSE:7541) Inventory Turnover : 1.06 (As of Mar. 2013)


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

What is MeganTop 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. MeganTop Co.,'s Cost of Goods Sold for the three months ended in Mar. 2013 was 円5,545 Mil. MeganTop Co.,'s Average Total Inventories for the quarter that ended in Mar. 2013 was 円5,244 Mil. MeganTop Co.,'s Inventory Turnover for the quarter that ended in Mar. 2013 was 1.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MeganTop Co.,'s Days Inventory for the three months ended in Mar. 2013 was 86.31.

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. MeganTop Co.,'s Inventory-to-Revenue for the quarter that ended in Mar. 2013 was 0.31.

MeganTop Co., Inventory Turnover Historical Data

The historical data trend for MeganTop 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.

* Premium members only.

MeganTop Co., Inventory Turnover Chart

MeganTop Co., Annual Data
Trend Mar09 Mar10 Mar11 Mar12
Inventory Turnover
3.66 3.85 3.68 4.13

MeganTop Co., Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 1.03 1.04 1.04 0.97 1.06

MeganTop Co., Inventory Turnover Calculation

MeganTop Co.,'s Inventory Turnover for the fiscal year that ended in Mar. 2012 is calculated as

Inventory Turnover (A: Mar. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2012 ) / ((Total Inventories (A: Mar. 2011 ) + Total Inventories (A: Mar. 2012 )) / count )
=20012.701 / ((4959.362 + 4731.64) / 2 )
=20012.701 / 4845.501
=4.13

MeganTop Co.,'s Inventory Turnover for the quarter that ended in Mar. 2013 is calculated as

Inventory Turnover (Q: Mar. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2013 ) / ((Total Inventories (Q: Dec. 2012 ) + Total Inventories (Q: Mar. 2013 )) / count )
=5544.757 / ((5668.371 + 4820.525) / 2 )
=5544.757 / 5244.448
=1.06

* 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.

MeganTop Co.,  (TSE:7541) 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.

MeganTop Co.,'s Days Inventory for the three months ended in Mar. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2013 )/Cost of Goods Sold (Q: Mar. 2013 )*Days in Period
=5244.448/5544.757*365 / 4
=86.31

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.

MeganTop Co.,'s Inventory to Revenue for the quarter that ended in Mar. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2013 ) / Revenue (Q: Mar. 2013 )
=5244.448 / 17079.434
=0.31

* 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.

MeganTop Co., Inventory Turnover Related Terms

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

MeganTop Co., (TSE:7541) Headlines

No Headlines