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Arealink Co (TSE:8914) Inventory Turnover : 0.81 (As of Sep. 2024)


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What is Arealink 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. Arealink Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円4,074 Mil. Arealink Co's Average Total Inventories for the quarter that ended in Sep. 2024 was 円5,004 Mil. Arealink Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arealink Co's Days Inventory for the three months ended in Sep. 2024 was 112.08.

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. Arealink Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.78.


Arealink Co Inventory Turnover Historical Data

The historical data trend for Arealink 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.

Arealink Co Inventory Turnover Chart

Arealink Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 3.62 3.33 2.60 2.46

Arealink Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.64 0.78 0.77 0.81 0.58

Arealink Co Inventory Turnover Calculation

Arealink Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=15926.511 / ((6321.073 + 6629.727) / 2 )
=15926.511 / 6475.4
=2.46

Arealink 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 )
=4073.787 / ((5020.36 + 4986.671) / 2 )
=4073.787 / 5003.5155
=0.81

* 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.


Arealink Co  (TSE:8914) 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.

Arealink 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
=5003.5155/4073.787*365 / 4
=112.08

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.

Arealink 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 )
=5003.5155 / 6386.216
=0.78

* 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.


Arealink Co Inventory Turnover Related Terms

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Arealink Co Business Description

Traded in Other Exchanges
N/A
Address
3-1, Kanda ogawamachi, Chiyoda-ku, Tokyo, JPN, 101-0052
Arealink Co Ltd is a Japan based company engages in the real estate business. The company provides space for the storage of daily living and general items; land, condominiums, and buildings as storage and office space; and business spaces, including small-scale offices, rental meeting rooms, galleries, and related facilities.

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