Yoshiharu Global Co (Yoshiharu Global Co) Inventory Turnover : 34.06 (As of Dec. 2023)

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What is Yoshiharu Global 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. Yoshiharu Global Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.28 Mil. Yoshiharu Global Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.07 Mil. Yoshiharu Global Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 34.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yoshiharu Global Co's Days Inventory for the three months ended in Dec. 2023 was 2.68.

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. Yoshiharu Global Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Yoshiharu Global Co Inventory Turnover Historical Data

The historical data trend for Yoshiharu Global 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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Yoshiharu Global Co Inventory Turnover Chart

Yoshiharu Global Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

257.29

213.20

238.57

165.63

132.10

Yoshiharu Global Co Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial										38.32	40.78	36.98	40.05	34.06

Yoshiharu Global Co Inventory Turnover Calculation

Yoshiharu Global Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	8.851	/ (	(0.061	+	0.073)	/	2 )
=	8.851	/	0.067
=	132.10

Yoshiharu Global Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2.282	/ (	(0.061	+	0.073)	/	2 )
=	2.282	/	0.067
=	34.06

Yoshiharu Global Co (NAS:YOSH) 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.

Yoshiharu Global Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.067	/	2.282	*	365 / 4
	=	2.68

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.

Yoshiharu Global Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.067	/	2.5
	=	0.03

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.

Yoshiharu Global Co Inventory Turnover Related Terms

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Yoshiharu Global Co (Yoshiharu Global Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Yoshiharu Global Co (NAS:YOSH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

6940 Beach Boulevard, Suite D-705, Buena Park, CA, USA, 90621

Website

https://www.yoshiharuramen.com

Yoshiharu Global Co is a Japanese restaurant operator. The company has one reportable segment, consisting of operating its stores. Yoshiharu serves the perfect, ideal ramen, as well as offers customers a wide variety of sushi, bento menu, and other favorite Japanese cuisines. It is owning and operating 8 restaurant stores with an additional 5 in development and 6 expected to open.

Executives

James Chae	director, 10 percent owner, officer: President, CEO & Chairman	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Jay Kim	director	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Yusil Yeo	director	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Helen Lee	director	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Soojae Cho	officer: Chief Financial Officer	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621