Tre Holdings (TSE:9247) Inventory Turnover : 5.90 (As of Sep. 2024)

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What is Tre Holdings 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. Tre Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was 円20,280 Mil. Tre Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was 円3,440 Mil. Tre Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 5.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tre Holdings's Days Inventory for the three months ended in Sep. 2024 was 15.48.

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. Tre Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.12.

Tre Holdings Inventory Turnover Historical Data

The historical data trend for Tre Holdings'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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Tre Holdings Inventory Turnover Chart

Tre Holdings Annual Data

Trend

Mar22

Mar23

Mar24

Inventory Turnover

19.24

25.18

24.27

Tre Holdings Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial								6.23	6.10	6.68	5.90	6.15

Tre Holdings Inventory Turnover Calculation

Tre Holdings'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 )
=	73581	/ (	(3031	+	3032)	/	2 )
=	73581	/	3031.5
=	24.27

Tre Holdings'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 )
=	20280	/ (	(0	+	3440)	/	1 )
=	20280	/	3440
=	5.90

Tre Holdings (TSE:9247) 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.

Tre Holdings'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
	=	3440	/	20280	*	365 / 4
	=	15.48

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.

Tre Holdings'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 )
	=	3440	/	27798
	=	0.12

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.

Tre Holdings Inventory Turnover Related Terms

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Tre Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tre Holdings Corp (TSE:9247) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-2, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.tre-hd.co.jp

Tre Holdings Corp is engaged in the management and its accompanying related business of subsidiaries which operate the waste treatment and recycling business, the renewable energy business, the environmental engineering business, the recycling scrap metal, end of life vehicles and scrapped home appliances.

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