Mos Food Services (TSE:8153) Inventory Turnover : 2.32 (As of Dec. 2023)

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What is Mos Food Services 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. Mos Food Services's Cost of Goods Sold for the three months ended in Dec. 2023 was 円13,247 Mil. Mos Food Services's Average Total Inventories for the quarter that ended in Dec. 2023 was 円5,702 Mil. Mos Food Services's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mos Food Services's Days Inventory for the three months ended in Dec. 2023 was 39.27.

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. Mos Food Services's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.23.

Mos Food Services Inventory Turnover Historical Data

The historical data trend for Mos Food Services'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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Mos Food Services Inventory Turnover Chart

Mos Food Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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10.91

10.87

10.86

10.30

9.83

Mos Food Services 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															1.97	2.05	2.16	2.32	2.28

Mos Food Services Inventory Turnover Calculation

Mos Food Services'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 )
=	49152	/ (	(5269	+	4732)	/	2 )
=	49152	/	5000.5
=	9.83

Mos Food Services'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 )
=	13247	/ (	(5728	+	5675)	/	2 )
=	13247	/	5701.5
=	2.32

Mos Food Services (TSE:8153) 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.

Mos Food Services'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
	=	5701.5	/	13247	*	365 / 4
	=	39.27

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.

Mos Food Services'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 )
	=	5701.5	/	24412
	=	0.23

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.

Mos Food Services Inventory Turnover Related Terms

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Mos Food Services (TSE:8153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Mos Food Services Inc (TSE:8153) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

4F ThinkPark Tower, 2-1-1 Osaki, Shinagawa-ku, Tokyo, JPN, 141-6004

Website

https://www.mos.co.jp

Mos Food Services Inc primarily operates and franchises Mos Burger Japanese fast-food hamburger restaurants. The company has nearly 1,500 Mos Burger restaurants in Japan and more than 300 Mos Burger locations in eight other Asia-Pacific countries, mostly in Taiwan. Mos Burger restaurants generate more than 90% of Mos Food Service's total revenue. The company's remaining revenue stems from its fewer than 100 restaurants operating under other brand names, including Mother Leaf, Mosdo, Green Grill, Chef's V, and AEN.

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