Endo Manufacturing Co (TSE:7841) Inventory Turnover : 1.08 (As of Jun. 2024)

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What is Endo Manufacturing 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. Endo Manufacturing Co's Cost of Goods Sold for the three months ended in Jun. 2024 was 円3,384 Mil. Endo Manufacturing Co's Average Total Inventories for the quarter that ended in Jun. 2024 was 円3,142 Mil. Endo Manufacturing Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Endo Manufacturing Co's Days Inventory for the three months ended in Jun. 2024 was 84.72.

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. Endo Manufacturing Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.74.

Endo Manufacturing Co Inventory Turnover Historical Data

The historical data trend for Endo Manufacturing 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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Endo Manufacturing Co Inventory Turnover Chart

Endo Manufacturing Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.23

4.74

5.62

5.10

4.91

Endo Manufacturing 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															1.20	1.20	1.20	1.16	1.08

Endo Manufacturing Co Inventory Turnover Calculation

Endo Manufacturing Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	12950.498	/ (	(2419.612	+	2860.869)	/	2 )
=	12950.498	/	2640.2405
=	4.91

Endo Manufacturing 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 )
=	3384.069	/ (	(3030.066	+	3253.506)	/	2 )
=	3384.069	/	3141.786
=	1.08

Endo Manufacturing Co (TSE:7841) 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.

Endo Manufacturing 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
	=	3141.786	/	3384.069	*	365 / 4
	=	84.72

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.

Endo Manufacturing 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 )
	=	3141.786	/	4265.451
	=	0.74

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.

Endo Manufacturing Co Inventory Turnover Related Terms

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Endo Manufacturing Co Business Description

Industry

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Address

987 Higashiota, Niigata, Tsubame, JPN, 959 1289

Website

http://endo-mfg.co.jp

Endo Manufacturing Co Ltd is engaged in the manufacture and sale of golf club head, metal sleeve products, forged parts, and medical equipment. The business of the company includes product development, mold making, precision forging, welding, polishing, and assembly inspection.

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