Kosaido Holdings Co (TSE:7868) Inventory Turnover : 4.74 (As of Dec. 2023)

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What is Kosaido Holdings 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. Kosaido Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円5,717 Mil. Kosaido Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円1,207 Mil. Kosaido Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kosaido Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 19.27.

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. Kosaido Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.

Kosaido Holdings Co Inventory Turnover Historical Data

The historical data trend for Kosaido Holdings 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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Kosaido Holdings Co Inventory Turnover Chart

Kosaido Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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21.11

23.83

29.23

31.33

39.09

Kosaido Holdings 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															7.04	7.78	5.33	4.74	6.84

Kosaido Holdings Co Inventory Turnover Calculation

Kosaido Holdings Co's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	21986	/ (	(554	+	571)	/	2 )
=	21986	/	562.5
=	39.09

Kosaido Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	5717	/ (	(1217	+	1197)	/	2 )
=	5717	/	1207
=	4.74

Kosaido Holdings Co (TSE:7868) 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.

Kosaido Holdings Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1207	/	5717	*	365 / 4
	=	19.27

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.

Kosaido Holdings Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1207	/	9346
	=	0.13

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.

Kosaido Holdings Co Inventory Turnover Related Terms

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Kosaido Holdings Co (TSE:7868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kosaido Holdings Co Ltd (TSE:7868) » Definitions » Inventory Turnover

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Address

1-2-3 Shibaura, Minato-ku, Seavans S Building, 13th Floor, Tokyo, JPN, 105-8318

Website

https://www.kosaido.co.jp

Kosaido Holdings Co Ltd operates in three business areas. The Information solution business includes Offset printing, Newspaper printing, Digital printing, Package printing, Digital solution, Campaign solution, Eco business, Exhibition business, and BPO service. The Human resources service business includes Recruiting media, Recruiting media agency, Free paper rack agency, Published an environmental information magazine, Temporary staffing, Recruitment, Overseas human resources service, Human resource development/education/training, RPO / recruitment outsourcing, HR Tech Service. The Ending related business includes Crematorium management and ceremonial hall provision, Funeral DX Crematorium management contract business, and Senior-related business.

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