Media Research Institute (TSE:9242) Inventory Turnover : 3.64 (As of Jul. 2024)

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What is Media Research Institute 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. Media Research Institute's Cost of Goods Sold for the three months ended in Jul. 2024 was 円24 Mil. Media Research Institute's Average Total Inventories for the quarter that ended in Jul. 2024 was 円7 Mil. Media Research Institute's Inventory Turnover for the quarter that ended in Jul. 2024 was 3.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Media Research Institute's Days Inventory for the three months ended in Jul. 2024 was 25.05.

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. Media Research Institute's Inventory-to-Revenue for the quarter that ended in Jul. 2024 was 0.05.

Media Research Institute Inventory Turnover Historical Data

The historical data trend for Media Research Institute'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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Media Research Institute Inventory Turnover Chart

Media Research Institute Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Inventory Turnover

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43.43

29.92

60.38

96.25

46.47

Media Research Institute Quarterly Data
	Jul19	Jul20	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Inventory Turnover	Get a 7-Day Free Trial											8.85	8.56	40.85	26.10	3.64

Media Research Institute Inventory Turnover Calculation

Media Research Institute's Inventory Turnover for the fiscal year that ended in Jul. 2024 is calculated as

	Inventory Turnover (A: Jul. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2024 )	/ (	(Total Inventories (A: Jul. 2023 )	+	Total Inventories (A: Jul. 2024 ))	/	count )
=	281.051	/ (	(2.645	+	9.451)	/	2 )
=	281.051	/	6.048
=	46.47

Media Research Institute's Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

	Inventory Turnover (Q: Jul. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jul. 2024 )	/ (	(Total Inventories (Q: Apr. 2024 )	+	Total Inventories (Q: Jul. 2024 ))	/	count )
=	24.088	/ (	(3.772	+	9.451)	/	2 )
=	24.088	/	6.6115
=	3.64

Media Research Institute (TSE:9242) 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.

Media Research Institute's Days Inventory for the three months ended in Jul. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jul. 2024 )	/	Cost of Goods Sold (Q: Jul. 2024 )	*	Days in Period
	=	6.6115	/	24.088	*	365 / 4
	=	25.05

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.

Media Research Institute's Inventory to Revenue for the quarter that ended in Jul. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jul. 2024 )	/	Revenue (Q: Jul. 2024 )
	=	6.6115	/	121.481
	=	0.05

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.

Media Research Institute Inventory Turnover Related Terms

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Media Research Institute Business Description

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Address

2-8-1 Daimyo, Higo Tenjinho Building 6th Floor, Fukuoka Chuo-ku, Fukuoka, JPN, 810-0041

Website

https://mediasouken.co.jp

Media Research Institute Inc is primarily involved in the planning of job hunting events for technical college and university students.

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