Yumeshin Holdings Co (Yumeshin Holdings Co) Inventory Turnover : 164.33 (As of Dec. 2020)

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What is Yumeshin Holdings 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. Yumeshin Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2020 was $100.73 Mil. Yumeshin Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2020 was $0.61 Mil. Yumeshin Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2020 was 164.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yumeshin Holdings Co's Days Inventory for the three months ended in Dec. 2020 was 0.56.

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. Yumeshin Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.00.

Yumeshin Holdings Co Inventory Turnover Historical Data

The historical data trend for Yumeshin Holdings 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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Yumeshin Holdings Co Inventory Turnover Chart

Yumeshin Holdings Co Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Inventory Turnover

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23,448.86

28,022.71

35,786.29

1,296.47

715.46

Yumeshin Holdings Co Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Inventory Turnover	Get a 7-Day Free Trial															205.29	229.20	184.50	175.85	164.33

Yumeshin Holdings Co Inventory Turnover Calculation

Yumeshin Holdings Co's Inventory Turnover for the fiscal year that ended in Sep. 2020 is calculated as

	Inventory Turnover (A: Sep. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2020 )	/ (	(Total Inventories (A: Sep. 2019 )	+	Total Inventories (A: Sep. 2020 ))	/	count )
=	402.446	/ (	(0.532	+	0.593)	/	2 )
=	402.446	/	0.5625
=	715.46

Yumeshin Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

	Inventory Turnover (Q: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2020 )	/ (	(Total Inventories (Q: Sep. 2020 )	+	Total Inventories (Q: Dec. 2020 ))	/	count )
=	100.732	/ (	(0.593	+	0.633)	/	2 )
=	100.732	/	0.613
=	164.33

Yumeshin Holdings Co (GREY:YHHCY) 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.

Yumeshin Holdings Co's Days Inventory for the three months ended in Dec. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2020 )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
	=	0.613	/	100.732	*	365 / 4
	=	0.56

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.

Yumeshin Holdings Co's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2020 )	/	Revenue (Q: Dec. 2020 )
	=	0.613	/	139.613
	=	0.00

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.

Yumeshin Holdings Co Inventory Turnover Related Terms

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Yumeshin Holdings Co (Yumeshin Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yumeshin Holdings Co Ltd (GREY:YHHCY) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Marunouchi 1-4-1, Chiyoda-ku, Marunouchi Yongle Building, 22nd Floor, Tokyo, JPN, 100-0005

Website

http://www.yumeshin.co.jp

Yumeshin Holdings Co Ltd is engaged in the construction engineer dispatch business in Japan. The company dispatches construction management engineers and provides construction drawings for the construction industry.

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