Land Business Co (TSE:8944) Inventory Turnover : 0.18 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Land Business 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. Land Business Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,410 Mil. Land Business Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円7,745 Mil. Land Business Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Land Business Co's Days Inventory for the three months ended in Mar. 2024 was 501.09.

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. Land Business Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.13.

Land Business Co Inventory Turnover Historical Data

The historical data trend for Land Business 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.

Land Business Co Inventory Turnover Chart

Land Business Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

Get a 7-Day Free Trial

286.58

268.24

234.11

138.18

0.82

Land Business Co 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															0.22	0.11	0.11	0.11	0.18

Land Business Co Inventory Turnover Calculation

Land Business Co's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	2848.921	/ (	(30.486	+	6958.299)	/	2 )
=	2848.921	/	3494.3925
=	0.82

Land Business Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1410.351	/ (	(7833.171	+	7656.521)	/	2 )
=	1410.351	/	7744.846
=	0.18

Land Business Co (TSE:8944) 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.

Land Business Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	7744.846	/	1410.351	*	365 / 4
	=	501.09

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.

Land Business Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	7744.846	/	2477.011
	=	3.13

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.

Land Business Co Inventory Turnover Related Terms

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

Land Business Co (TSE:8944) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Land Business Co Ltd (TSE:8944) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kasumigaseki Building 30th Floor, Kasumigaseki 3-2-5, Chiyoda-ku, Tokyo, JPN

Website

http://www.lbca.co.jp

Land Business Co Ltd is a real estate services company based in Japan. The company operates through two segments: Real Estate Investment business and Design and Construction business. In the Real Estate Investment business, the company acquires land, inject the know-how, cultivated in the design and build office buildings. The Design and Construction business consists of design supervision business, building and consulting business to support real estate owners.

Land Business Co (TSE:8944) Headlines

No Headlines