SG Holdings Co (TSE:9143) Inventory Turnover : 14.19 (As of Dec. 2023)

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What is SG Holdings 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. SG Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円303,357 Mil. SG Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円21,381 Mil. SG Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 14.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SG Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 6.43.

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. SG Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

SG Holdings Co Inventory Turnover Historical Data

The historical data trend for SG Holdings 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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SG Holdings Co Inventory Turnover Chart

SG Holdings Co Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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37.09

39.05

45.53

47.93

39.11

SG Holdings 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															10.90	12.97	13.39	14.19	9.74

SG Holdings Co Inventory Turnover Calculation

SG Holdings Co's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	1162949	/ (	(21934	+	37534)	/	2 )
=	1162949	/	29734
=	39.11

SG Holdings 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 )
=	303357	/ (	(21519	+	21242)	/	2 )
=	303357	/	21380.5
=	14.19

SG Holdings Co (TSE:9143) 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.

SG Holdings 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
	=	21380.5	/	303357	*	365 / 4
	=	6.43

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.

SG Holdings 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 )
	=	21380.5	/	351853
	=	0.06

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.

SG Holdings Co Inventory Turnover Related Terms

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SG Holdings Co (TSE:9143) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SG Holdings Co Ltd (TSE:9143) » Definitions » Inventory Turnover

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SGHHF:USA

Address

68 Tsunoda-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8104

Website

http://www.sg-hldgs.co.jp

SG Holdings Co Ltd along with its subsidiaries provides logistics oriented one-stop solutions. The company is also engaged in Real estate to make effective use of real estate and facilities infrastructure centering on logistics, Automobile business in order to manufacture eco-specification vehicles, Human resource business to improve operations and improve service quality by sorting work at delivery bases, and it is also engaged in other business such as finance, IT, and human resource development.

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