GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Takara Standard Co Ltd (TSE:7981) » Definitions » Inventory Turnover

Takara Standard Co (TSE:7981) Inventory Turnover : 1.73 (As of Sep. 2024)


View and export this data going back to 1973. Start your Free Trial

What is Takara Standard 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. Takara Standard Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円38,761 Mil. Takara Standard Co's Average Total Inventories for the quarter that ended in Sep. 2024 was 円22,433 Mil. Takara Standard Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Takara Standard Co's Days Inventory for the three months ended in Sep. 2024 was 52.81.

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. Takara Standard Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.38.


Takara Standard Co Inventory Turnover Historical Data

The historical data trend for Takara Standard 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.

Takara Standard Co Inventory Turnover Chart

Takara Standard Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.72 8.06 8.12 7.12 6.45

Takara Standard Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.43 1.64 1.50 1.57 1.73

Takara Standard Co Inventory Turnover Calculation

Takara Standard 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 )
=155150 / ((24247 + 23844) / 2 )
=155150 / 24045.5
=6.45

Takara Standard Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=38761 / ((0 + 22433) / 1 )
=38761 / 22433
=1.73

* 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.


Takara Standard Co  (TSE:7981) 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.

Takara Standard Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=22433/38761*365 / 4
=52.81

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.

Takara Standard Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=22433 / 58639
=0.38

* 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.


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.


Takara Standard Co Inventory Turnover Related Terms

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


Takara Standard Co Business Description

Traded in Other Exchanges
N/A
Address
1-2-1 Shigino-higashi, Joto-ku, Osaka, JPN, 536-8536
Takara Standard Co Ltd is in the business of providing housing equipment made with enamel. Its products include system kitchens, enameled stainless steel bathtubs, system baths, enameled washstand, sink units, hot water heaters, enamel wall covering material, heating appliances and other home appliances and equipment. The company operates mainly in Japan.

Takara Standard Co Headlines

No Headlines