NTT System (WAR:NTT) Inventory Turnover : 1.40 (As of Mar. 2024)

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What is NTT System 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. NTT System's Cost of Goods Sold for the three months ended in Mar. 2024 was zł279 Mil. NTT System's Average Total Inventories for the quarter that ended in Mar. 2024 was zł200 Mil. NTT System's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NTT System's Days Inventory for the three months ended in Mar. 2024 was 65.25.

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. NTT System's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.66.

NTT System Inventory Turnover Historical Data

The historical data trend for NTT System'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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NTT System Inventory Turnover Chart

NTT System Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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9.03

11.11

11.41

10.04

8.16

NTT System Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.91	1.80	1.90	2.04	1.40

NTT System Inventory Turnover Calculation

NTT System's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	1175.874	/ (	(133.737	+	154.33)	/	2 )
=	1175.874	/	144.0335
=	8.16

NTT System'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	279.161	/ (	(244.574	+	154.674)	/	2 )
=	279.161	/	199.624
=	1.40

NTT System (WAR:NTT) 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.

NTT System'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
	=	199.624	/	279.161	*	365 / 4
	=	65.25

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.

NTT System'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 )
	=	199.624	/	302.042
	=	0.66

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.

NTT System Inventory Turnover Related Terms

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NTT System (WAR:NTT) Business Description

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Address

Zakret Street Trakt Brzeski 89, Wesola, Warsaw, POL, 05-077

Website

http://www.ntt.pl

NTT System SA is a manufacturer of desktop computers, supplied both private label and brand commissioned. It is one of the distributors of accessories, components, and peripherals in Poland. The company serves institutional, individual and business clients. It offers news and promotion, servers, computers, e-sport system, tablets, inks and toners, and accessories.

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