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Kyowa Engineering Consultants Co (TSE:9647) Inventory Turnover : 39.97 (As of Feb. 2024)


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What is Kyowa Engineering Consultants Co 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. Kyowa Engineering Consultants Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円1,422 Mil. Kyowa Engineering Consultants Co's Average Total Inventories for the quarter that ended in Feb. 2024 was 円36 Mil. Kyowa Engineering Consultants Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 39.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kyowa Engineering Consultants Co's Days Inventory for the three months ended in Feb. 2024 was 2.28.

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. Kyowa Engineering Consultants Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.02.


Kyowa Engineering Consultants Co Inventory Turnover Historical Data

The historical data trend for Kyowa Engineering Consultants Co'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.

Kyowa Engineering Consultants Co Inventory Turnover Chart

Kyowa Engineering Consultants Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 3.97 4.30 8.76 141.07

Kyowa Engineering Consultants Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 29.60 35.78 28.01 32.86 39.97

Kyowa Engineering Consultants Co Inventory Turnover Calculation

Kyowa Engineering Consultants Co's Inventory Turnover for the fiscal year that ended in Nov. 2023 is calculated as

Inventory Turnover (A: Nov. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2023 ) / ((Total Inventories (A: Nov. 2022 ) + Total Inventories (A: Nov. 2023 )) / count )
=5737.179 / ((44.12 + 37.219) / 2 )
=5737.179 / 40.6695
=141.07

Kyowa Engineering Consultants Co's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover (Q: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2024 ) / ((Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count )
=1422.4 / ((37.219 + 33.961) / 2 )
=1422.4 / 35.59
=39.97

* 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.


Kyowa Engineering Consultants Co  (TSE:9647) 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.

Kyowa Engineering Consultants Co's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=35.59/1422.4*365 / 4
=2.28

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.

Kyowa Engineering Consultants Co's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=35.59 / 1974.235
=0.02

* 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.


Kyowa Engineering Consultants Co Inventory Turnover Related Terms

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Kyowa Engineering Consultants Co (TSE:9647) Business Description

Traded in Other Exchanges
N/A
Address
62-11, Sasazuka 1-chome, Shibuya-ku, Tokyo, JPN, 151-0073
Kyowa Engineering Consultants Co Ltd provides general construction consultancy services. It offers geological surveys and engineering services for transportation, design and management services. The company offers structural design and maintenance services, including investigation, planning, design, inspection/repair technology, and construction management services for bridges, underground structures, water supply, and sewer facilities, tunnels, common grooves.

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