Senshu Electric Co (TSE:9824) Inventory Turnover : 3.88 (As of Jan. 2024)

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What is Senshu Electric 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. Senshu Electric Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円28,407 Mil. Senshu Electric Co's Average Total Inventories for the quarter that ended in Jan. 2024 was 円7,320 Mil. Senshu Electric Co's Inventory Turnover for the quarter that ended in Jan. 2024 was 3.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Senshu Electric Co's Days Inventory for the three months ended in Jan. 2024 was 23.51.

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. Senshu Electric Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.22.

Senshu Electric Co Inventory Turnover Historical Data

The historical data trend for Senshu Electric 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.

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Senshu Electric Co Inventory Turnover Chart

Senshu Electric Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Inventory Turnover

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17.20

15.60

17.93

16.12

14.68

Senshu Electric Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															3.38	3.38	3.14	3.47	3.88

Senshu Electric Co Inventory Turnover Calculation

Senshu Electric Co's Inventory Turnover for the fiscal year that ended in Oct. 2023 is calculated as

	Inventory Turnover (A: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2023 )	/ (	(Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )
=	106287	/ (	(7063	+	7418)	/	2 )
=	106287	/	7240.5
=	14.68

Senshu Electric Co's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	28407	/ (	(7418	+	7222)	/	2 )
=	28407	/	7320
=	3.88

Senshu Electric Co (TSE:9824) 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.

Senshu Electric Co's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	7320	/	28407	*	365 / 4
	=	23.51

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.

Senshu Electric Co's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	7320	/	33744
	=	0.22

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.

Senshu Electric Co Inventory Turnover Related Terms

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Senshu Electric Co (TSE:9824) Business Description

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Address

1-chome 4 no. 21, Minami- Kaneda, Suita-shi, Osaka, JPN, 564-0044

Website

http://www.senden.co.jp

Senshu Electric Co Ltd engages in the wholesale business of electric wires and other electrical equipment. Its products include wires and cables, electronic restraints, information-related equipment, tapes, conduits, heating units, fan motors, delay lines, air cleaners, telecommunication systems, air conditioning equipment, household electrical appliances, office equipment and others. It also provides installation services; real estate rental business; management and operation of power generation business; and other businesses related to the sale and purchase of electricity.

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