TOKYO KOKI Co (TSE:7719) Inventory Turnover : 0.50 (As of Aug. 2024)

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What is TOKYO KOKI 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. TOKYO KOKI Co's Cost of Goods Sold for the three months ended in Aug. 2024 was 円465 Mil. TOKYO KOKI Co's Average Total Inventories for the quarter that ended in Aug. 2024 was 円925 Mil. TOKYO KOKI Co's Inventory Turnover for the quarter that ended in Aug. 2024 was 0.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TOKYO KOKI Co's Days Inventory for the three months ended in Aug. 2024 was 181.58.

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. TOKYO KOKI Co's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 1.32.

TOKYO KOKI Co Inventory Turnover Historical Data

The historical data trend for TOKYO KOKI 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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TOKYO KOKI Co Inventory Turnover Chart

TOKYO KOKI Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Inventory Turnover

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6.81

9.64

4.53

2.95

2.65

TOKYO KOKI Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Inventory Turnover	Get a 7-Day Free Trial															0.77	0.45	0.72	0.59	0.50

TOKYO KOKI Co Inventory Turnover Calculation

TOKYO KOKI Co's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Inventory Turnover (A: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2024 )	/ (	(Total Inventories (A: Feb. 2023 )	+	Total Inventories (A: Feb. 2024 ))	/	count )
=	2154.325	/ (	(758.246	+	869.87)	/	2 )
=	2154.325	/	814.058
=	2.65

TOKYO KOKI Co's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

	Inventory Turnover (Q: Aug. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2024 )	/ (	(Total Inventories (Q: May. 2024 )	+	Total Inventories (Q: Aug. 2024 ))	/	count )
=	464.738	/ (	(895.533	+	954.028)	/	2 )
=	464.738	/	924.7805
=	0.50

TOKYO KOKI Co (TSE:7719) 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.

TOKYO KOKI Co's Days Inventory for the three months ended in Aug. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2024 )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
	=	924.7805	/	464.738	*	365 / 4
	=	181.58

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.

TOKYO KOKI Co's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2024 )	/	Revenue (Q: Aug. 2024 )
	=	924.7805	/	699.129
	=	1.32

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.

TOKYO KOKI Co Inventory Turnover Related Terms

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TOKYO KOKI Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TOKYO KOKI Co Ltd (TSE:7719) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

1-9 Kandasakumacho, Chiyoda-ku, Tokyo, JPN, 101-0025

Website

http://www.tksnet.co.jp

TOKYO KOKI Co Ltd is engaged in the manufacturing and sales of testing and measuring machines and systems. In addition, it is also involved in the manufacturing and distribution of locking nuts, locking springs, special springs, bolts, and other fastening members. Its product offering includes material testing machines, component testing machines, structure testing machines, power testing machines, performance testing equipment, environmental testing equipment, high temperature/ high-pressure environment testing machines, and other testing machines.

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