Glad Cube (TSE:9561) Inventory Turnover : 572.41 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Glad Cube 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. Glad Cube's Cost of Goods Sold for the three months ended in Mar. 2024 was 円85 Mil. Glad Cube's Average Total Inventories for the quarter that ended in Mar. 2024 was 円0 Mil. Glad Cube's Inventory Turnover for the quarter that ended in Mar. 2024 was 572.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Glad Cube's Days Inventory for the three months ended in Mar. 2024 was 0.16.

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. Glad Cube's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Glad Cube Inventory Turnover Historical Data

The historical data trend for Glad Cube'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.

Glad Cube Inventory Turnover Chart

Glad Cube Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

337.78

433.39

683.07

1,496.10

Glad Cube Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial					220.18	395.28	404.05	661.11	572.41

Glad Cube Inventory Turnover Calculation

Glad Cube'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 )
=	215.438	/ (	(0.139	+	0.149)	/	2 )
=	215.438	/	0.144
=	1,496.10

Glad Cube's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	85.289	/ (	(0.149	+	0.149)	/	2 )
=	85.289	/	0.149
=	572.41

Glad Cube (TSE:9561) 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.

Glad Cube's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0.149	/	85.289	*	365 / 4
	=	0.16

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.

Glad Cube's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.149	/	431.527
	=	0.00

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.

Glad Cube Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Glad Cube's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Glad Cube (TSE:9561) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Glad Cube Inc (TSE:9561) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-7 Kawaramachi, Osaka Chuo-ku, Osaka, JPN, 541-0048

Website

https://corp.glad-cube.com

Glad Cube Inc operates as an internet advertise agency and website optimization platform that provides Heat maps and AB testing function by own product "iTest which includes artificial intelligence and machine learning.

Glad Cube (TSE:9561) Headlines

No Headlines