Inforich (TSE:9338) Inventory Turnover : 24.57 (As of Jun. 2024)

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What is Inforich 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. Inforich's Cost of Goods Sold for the three months ended in Jun. 2024 was 円584 Mil. Inforich's Average Total Inventories for the quarter that ended in Jun. 2024 was 円24 Mil. Inforich's Inventory Turnover for the quarter that ended in Jun. 2024 was 24.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inforich's Days Inventory for the three months ended in Jun. 2024 was 3.71.

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. Inforich's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.01.

Inforich Inventory Turnover Historical Data

The historical data trend for Inforich'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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Inforich Inventory Turnover Chart

Inforich Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

13.72

24.47

37.82

56.27

Inforich Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial					19.64	50.27	36.28	24.38	24.57

Inforich Inventory Turnover Calculation

Inforich's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1932.278	/ (	(43.173	+	25.509)	/	2 )
=	1932.278	/	34.341
=	56.27

Inforich's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	584.358	/ (	(14.846	+	32.712)	/	2 )
=	584.358	/	23.779
=	24.57

Inforich (TSE:9338) 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.

Inforich's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	23.779	/	584.358	*	365 / 4
	=	3.71

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.

Inforich's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	23.779	/	2497.043
	=	0.01

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.

Inforich Inventory Turnover Related Terms

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Inforich Business Description

Industry

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Traded in Other Exchanges

N/A

Address

A-6A 6-31-15 Jinguumae, Shibuya-ku, Tokyo, JPN, 150-0001

Website

https://www.inforich.net

Inforich Inc is engaged in the operation of ChargeSPOT, a mobile battery sharing service sales and operation of signage advertising associated with ChargeSPOT.

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