Hasegawa Co (TSE:8230) Inventory Turnover : 0.47 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Hasegawa 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. Hasegawa Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,747 Mil. Hasegawa Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円3,754 Mil. Hasegawa Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hasegawa Co's Days Inventory for the three months ended in Dec. 2023 was 196.05.

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. Hasegawa Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.80.

Hasegawa Co Inventory Turnover Historical Data

The historical data trend for Hasegawa 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.

Hasegawa Co Inventory Turnover Chart

Hasegawa Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

2.54

2.24

2.15

2.35

2.22

Hasegawa Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.50	0.51	0.46	0.63	0.47

Hasegawa Co Inventory Turnover Calculation

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

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	7868.591	/ (	(3238.809	+	3835.881)	/	2 )
=	7868.591	/	3537.345
=	2.22

Hasegawa 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 )
=	1747	/ (	(3724	+	3783)	/	2 )
=	1747	/	3753.5
=	0.47

Hasegawa Co (TSE:8230) 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.

Hasegawa 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
	=	3753.5	/	1747	*	365 / 4
	=	196.05

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.

Hasegawa 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 )
	=	3753.5	/	4704
	=	0.80

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.

Hasegawa Co Inventory Turnover Related Terms

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

Hasegawa Co (TSE:8230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hasegawa Co Ltd (TSE:8230) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5-3 Koraku, Bunkyo-ku, Koraku International Building, 7th floor, Tokyo, JPN, 112-0004

Website

https://corp.hasegawa.jp

Hasegawa Co Ltd sells Buddhist altars and Buddhist altars at more than 100 directly managed stores mainly in the Kanto, Tokai, and Kyushu regions. The company operates through three reporting segments namely Ingredients / Tombstones, Indoor Tombstones, and Food / Miscellaneous Goods. The tombstones segment is engaged in the retail sale of Buddhist altar Buddhist altars and tombstones.

Hasegawa Co (TSE:8230) Headlines

No Headlines