Amifa Co (TSE:7800) Inventory Turnover : 0.74 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Amifa 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. Amifa Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,608 Mil. Amifa Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円2,164 Mil. Amifa Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amifa Co's Days Inventory for the three months ended in Mar. 2024 was 122.78.

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. Amifa Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.92.

Amifa Co Inventory Turnover Historical Data

The historical data trend for Amifa 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.

Amifa Co Inventory Turnover Chart

Amifa Co Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

Get a 7-Day Free Trial

2.73

2.52

2.69

3.12

2.90

Amifa 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															0.96	0.68	0.56	0.72	0.74

Amifa Co Inventory Turnover Calculation

Amifa Co's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	5430.019	/ (	(1315.296	+	2428.371)	/	2 )
=	5430.019	/	1871.8335
=	2.90

Amifa 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 )
=	1608.048	/ (	(2404.598	+	1922.604)	/	2 )
=	1608.048	/	2163.601
=	0.74

Amifa Co (TSE:7800) 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.

Amifa 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
	=	2163.601	/	1608.048	*	365 / 4
	=	122.78

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.

Amifa 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 )
	=	2163.601	/	2339.969
	=	0.92

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.

Amifa Co Inventory Turnover Related Terms

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

Amifa Co (TSE:7800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Amifa Co Ltd (TSE:7800) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-13-5 Kita Aoyama, Aoyama Sun Crest Building 3rd Floor, Minato-ku, Tokyo, JPN, 107-0061

Website

https://www.amifa.co.jp

Amifa Co Ltd is a Japanese based company primarily involved in the planning, manufacturing, and wholesale sales of commercial packaging materials. It offers mainly gift wrapping, design stationery, handmade miscellaneous goods, kitchen / tableware, flower related products.

Amifa Co (TSE:7800) Headlines

No Headlines