ARDEPRO Co (TSE:8925) Inventory Turnover : 0.18 (As of Jan. 2024)

View and export this data going back to 2004. Start your Free Trial

What is ARDEPRO 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. ARDEPRO Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円2,469 Mil. ARDEPRO Co's Average Total Inventories for the quarter that ended in Jan. 2024 was 円14,098 Mil. ARDEPRO Co's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ARDEPRO Co's Days Inventory for the three months ended in Jan. 2024 was 521.10.

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. ARDEPRO Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 8.48.

ARDEPRO Co Inventory Turnover Historical Data

The historical data trend for ARDEPRO 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.

ARDEPRO Co Inventory Turnover Chart

ARDEPRO Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

Get a 7-Day Free Trial

0.88

1.33

1.68

2.20

1.53

ARDEPRO Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															0.08	0.59	0.27	0.06	0.18

ARDEPRO Co Inventory Turnover Calculation

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

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	16089.463	/ (	(8689.25	+	12383.486)	/	2 )
=	16089.463	/	10536.368
=	1.53

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

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	2468.806	/ (	(13599.73	+	14597.192)	/	2 )
=	2468.806	/	14098.461
=	0.18

ARDEPRO Co (TSE:8925) 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.

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

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	14098.461	/	2468.806	*	365 / 4
	=	521.10

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	14098.461	/	1661.774
	=	8.48

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.

ARDEPRO Co Inventory Turnover Related Terms

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

ARDEPRO Co (TSE:8925) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ARDEPRO Co Ltd (TSE:8925) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 24 No. 1 Shinjuku-ku, Tokyo, JPN

Website

http://www.ardepro.co.jp

ARDEPRO Co Ltd is a Japan-based real estate company. It is engaged in real estate revitalization business. The company offers consulting, management, brokerage, and leasing, buying, and selling of real estate. It also offers sales of reproduction, such as buildings and commercial facilities used. The company also provides investment advisory service.

ARDEPRO Co (TSE:8925) Headlines

No Headlines