HEIWADO Co (TSE:8276) Inventory Turnover : 3.44 (As of Nov. 2024)

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What is HEIWADO 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. HEIWADO Co's Cost of Goods Sold for the three months ended in Nov. 2024 was 円69,881 Mil. HEIWADO Co's Average Total Inventories for the quarter that ended in Nov. 2024 was 円20,285 Mil. HEIWADO Co's Inventory Turnover for the quarter that ended in Nov. 2024 was 3.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HEIWADO Co's Days Inventory for the three months ended in Nov. 2024 was 26.49.

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. HEIWADO Co's Inventory-to-Revenue for the quarter that ended in Nov. 2024 was 0.19.

HEIWADO Co Inventory Turnover Historical Data

The historical data trend for HEIWADO 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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HEIWADO Co Inventory Turnover Chart

HEIWADO Co Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Inventory Turnover

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15.09

15.75

14.37

14.27

14.40

HEIWADO Co Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Inventory Turnover	Get a 7-Day Free Trial															3.54	3.37	3.57	3.44	3.66

HEIWADO Co Inventory Turnover Calculation

HEIWADO Co's Inventory Turnover for the fiscal year that ended in Feb. 2025 is calculated as

	Inventory Turnover (A: Feb. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2025 )	/ (	(Total Inventories (A: Feb. 2024 )	+	Total Inventories (A: Feb. 2025 ))	/	count )
=	283644	/ (	(19324	+	20083)	/	2 )
=	283644	/	19703.5
=	14.40

HEIWADO Co's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

	Inventory Turnover (Q: Nov. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2024 )	/ (	(Total Inventories (Q: Aug. 2024 )	+	Total Inventories (Q: Nov. 2024 ))	/	count )
=	69881	/ (	(19430	+	21140)	/	2 )
=	69881	/	20285
=	3.44

HEIWADO Co (TSE:8276) 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.

HEIWADO Co's Days Inventory for the three months ended in Nov. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2024 )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
	=	20285	/	69881	*	365 / 4
	=	26.49

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.

HEIWADO Co's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2024 )	/	Revenue (Q: Nov. 2024 )
	=	20285	/	109339
	=	0.19

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.

HEIWADO Co Inventory Turnover Related Terms

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HEIWADO Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » HEIWADO Co Ltd (TSE:8276) » Definitions » Inventory Turnover

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Address

31, Koizumi-cho, Hikone-shi, Shiga-ken, JPN, 522-8511

Website

http://www.heiwado.jp

HEIWADO Co Ltd is a Japan-based company that is mainly engaged in the retail business. The company's stores offer a broad range of merchandise, including foods, apparel, housing-related goods, etc. The company also operates restaurant businesses, sales of books, CDs and DVDs, rental shops of CDs and DVDs, and others. The majority of the company's stores are located in Japan, with around half of them being located in the Shiga Prefecture, and the rest in other areas of Japan. The company also operates several department stores in Hunan province, China.

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