Earth Infinity Co (TSE:7692) Inventory Turnover : 195.71 (As of Jan. 2024)

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What is Earth Infinity 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. Earth Infinity Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円964 Mil. Earth Infinity Co's Average Total Inventories for the quarter that ended in Jan. 2024 was 円5 Mil. Earth Infinity Co's Inventory Turnover for the quarter that ended in Jan. 2024 was 195.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Earth Infinity Co's Days Inventory for the three months ended in Jan. 2024 was 0.47.

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. Earth Infinity Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.00.

Earth Infinity Co Inventory Turnover Historical Data

The historical data trend for Earth Infinity 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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Earth Infinity Co Inventory Turnover Chart

Earth Infinity Co Annual Data

Trend

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

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335.92

354.53

512.05

446.06

373.62

Earth Infinity Co Quarterly Data
	Jul18	Jul19	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial													75.47	89.42	110.27	185.39	195.71

Earth Infinity Co Inventory Turnover Calculation

Earth Infinity Co's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	3702.197	/ (	(14.279	+	5.539)	/	2 )
=	3702.197	/	9.909
=	373.62

Earth Infinity Co's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	963.958	/ (	(3.736	+	6.115)	/	2 )
=	963.958	/	4.9255
=	195.71

Earth Infinity Co (TSE:7692) 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.

Earth Infinity Co's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	4.9255	/	963.958	*	365 / 4
	=	0.47

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.

Earth Infinity Co's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	4.9255	/	1271.894
	=	0.00

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.

Earth Infinity Co Inventory Turnover Related Terms

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Earth Infinity Co (TSE:7692) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Earth Infinity Co Ltd (TSE:7692) » Definitions » Inventory Turnover

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Address

2-2-28 Dojimahama, Osaka Kita-ku, Osaka, JPN, 530-0004

Website

https://www.earth-infinity.co.jp

Earth Infinity Co Ltd is engaged in electricity retailing and gas retailing. The company is also engaged in manufacturing, sales and unloading of electronic equipment and electric products.

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