Senkon Logistics Co (TSE:9051) Inventory Turnover : 3.10 (As of Dec. 2023)

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What is Senkon Logistics 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. Senkon Logistics Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,838 Mil. Senkon Logistics Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円1,240 Mil. Senkon Logistics Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Senkon Logistics Co's Days Inventory for the three months ended in Dec. 2023 was 29.48.

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. Senkon Logistics Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.27.

Senkon Logistics Co Inventory Turnover Historical Data

The historical data trend for Senkon Logistics 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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Senkon Logistics Co Inventory Turnover Chart

Senkon Logistics Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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16.66

16.75

15.37

15.38

13.65

Senkon Logistics 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															3.54	3.16	2.94	3.05	3.10

Senkon Logistics Co Inventory Turnover Calculation

Senkon Logistics 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 )
=	13238.532	/ (	(904.186	+	1035.054)	/	2 )
=	13238.532	/	969.62
=	13.65

Senkon Logistics 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 )
=	3837.666	/ (	(1211.278	+	1268.342)	/	2 )
=	3837.666	/	1239.81
=	3.10

Senkon Logistics Co (TSE:9051) 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.

Senkon Logistics 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
	=	1239.81	/	3837.666	*	365 / 4
	=	29.48

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.

Senkon Logistics 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 )
	=	1239.81	/	4628.775
	=	0.27

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.

Senkon Logistics Co Inventory Turnover Related Terms

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Senkon Logistics Co (TSE:9051) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Senkon Logistics Co Ltd (TSE:9051) » Definitions » Inventory Turnover

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Address

Central 4-chome, No. 10, No. 3, Aoba-ku, 3rd Floor, Miyagi ken Sendai Capital Tower, Sendai, JPN

Website

http://www.senkon.co.jp

Senkon Logistics Co Ltd is a Japan based company engaged in providing logistics services. It offers transportation services for precision equipment, vehicles, engineering equipment as well as industrial waste collection. The company is also engaged in the collection, sale and purchase of radioactive contaminant removal work and removal equipment. The other businesses in which the company is involved are real estate leasing business, import and export of agricultural and fishery products, Sales and rental of specified maintenance management medical equipment and advanced management medical equipment, and others.

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