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Skymark Airlines (TSE:9204) Inventory Turnover : 849.48 (As of Sep. 2024)


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What is Skymark Airlines 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. Skymark Airlines's Cost of Goods Sold for the three months ended in Sep. 2024 was 円24,635 Mil. Skymark Airlines's Average Total Inventories for the quarter that ended in Sep. 2024 was 円29 Mil. Skymark Airlines's Inventory Turnover for the quarter that ended in Sep. 2024 was 849.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Skymark Airlines's Days Inventory for the three months ended in Sep. 2024 was 0.11.

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. Skymark Airlines's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.


Skymark Airlines Inventory Turnover Historical Data

The historical data trend for Skymark Airlines'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.

Skymark Airlines Inventory Turnover Chart

Skymark Airlines Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.89 83.01 3,700.00 4,206.50 2,122.20

Skymark Airlines Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Mar21 Mar22 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 907.60 521.71 344.23 849.48 697.33

Skymark Airlines Inventory Turnover Calculation

Skymark Airlines'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 )
=93377 / ((18 + 70) / 2 )
=93377 / 44
=2,122.20

Skymark Airlines'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 )
=24635 / ((0 + 29) / 1 )
=24635 / 29
=849.48

* 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.


Skymark Airlines  (TSE:9204) 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.

Skymark Airlines'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
=29/24635*365 / 4
=0.11

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.

Skymark Airlines'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 )
=29 / 30946
=0.00

* 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.


Skymark Airlines Inventory Turnover Related Terms

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Skymark Airlines Business Description

Traded in Other Exchanges
Address
1-5-5 Haneda Airport, Ota-ku, Tokyo,, JPN, 144-00414
Skymark Airlines Inc is engaged in regular air transportation service business.

Skymark Airlines Headlines

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