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Imperial Hotel (TSE:9708) Inventory Turnover : 2.98 (As of Sep. 2024)


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What is Imperial Hotel 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. Imperial Hotel's Cost of Goods Sold for the three months ended in Sep. 2024 was 円2,321 Mil. Imperial Hotel's Average Total Inventories for the quarter that ended in Sep. 2024 was 円780 Mil. Imperial Hotel's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Imperial Hotel's Days Inventory for the three months ended in Sep. 2024 was 30.67.

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. Imperial Hotel's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.07.


Imperial Hotel Inventory Turnover Historical Data

The historical data trend for Imperial Hotel'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.

Imperial Hotel Inventory Turnover Chart

Imperial Hotel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.90 7.39 11.07 13.68 12.91

Imperial Hotel Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.61 3.25 2.66 2.76 2.98

Imperial Hotel Inventory Turnover Calculation

Imperial Hotel'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 )
=11033 / ((778 + 931) / 2 )
=11033 / 854.5
=12.91

Imperial Hotel'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 )
=2321 / ((0 + 780) / 1 )
=2321 / 780
=2.98

* 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.


Imperial Hotel  (TSE:9708) 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.

Imperial Hotel'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
=780/2321*365 / 4
=30.67

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.

Imperial Hotel'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 )
=780 / 11413
=0.07

* 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.


Imperial Hotel Inventory Turnover Related Terms

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Imperial Hotel Business Description

Traded in Other Exchanges
N/A
Address
1-1, Uchisaiwai-cho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8558
Imperial Hotel Ltd is a Japanese-based company involved in the management and operations of hotels. The company is engaged into the operations of the Imperial Hotel Tokyo, the Imperial Hotel Osaka, and the Kamikochi Imperial Hotel, where it offers a range of services such as room, meeting and banquet, lounge, and other facilities.

Imperial Hotel Headlines

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