Katongyo Co (TSE:9869) Inventory Turnover : 6.49 (As of Mar. 2024)

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What is Katongyo 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. Katongyo Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円260,859 Mil. Katongyo Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円40,202 Mil. Katongyo Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Katongyo Co's Days Inventory for the three months ended in Mar. 2024 was 14.06.

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. Katongyo Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.14.

Katongyo Co Inventory Turnover Historical Data

The historical data trend for Katongyo 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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Katongyo Co Inventory Turnover Chart

Katongyo Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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42.33

42.71

40.81

33.86

32.33

Katongyo Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															6.89	7.95	8.09	7.27	6.49

Katongyo Co Inventory Turnover Calculation

Katongyo Co's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	1021364	/ (	(29538	+	33644)	/	2 )
=	1021364	/	31591
=	32.33

Katongyo Co'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 )
=	260859	/ (	(43739	+	36664)	/	2 )
=	260859	/	40201.5
=	6.49

Katongyo Co (TSE:9869) 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.

Katongyo Co'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
	=	40201.5	/	260859	*	365 / 4
	=	14.06

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.

Katongyo Co'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 )
	=	40201.5	/	281411
	=	0.14

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.

Katongyo Co Inventory Turnover Related Terms

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Katongyo Co (TSE:9869) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kato Sangyo Co Ltd (TSE:9869) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-20 Matsubara-cho, Nishinomiya-shi, JPN, 662-8543

Website

http://www.katosangyo.co.jp

Kato Sangyo Co Ltd is a food wholesale company that handles processed foods. The company is primarily located in Japan. The company segments its operations into room temperature distribution, low temperature distribution, alcoholic beverage distribution, and other. The room temperature distribution segment involves wholesale processed foods and confections. The low temperature distribution segment engages in wholesale low-temperature foods and agricultural products. The alcoholic beverage distribution segment operates in wholesale alcoholic beverages. The other segment relates to the company's logistic business and insurance agency business.

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