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Meiko Trans Co (NGO:9357) Total Inventories : 円0 Mil (As of Dec. 2023)


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What is Meiko Trans Co Total Inventories?

Meiko Trans Co's total inventories for the quarter that ended in Dec. 2023 was 円0 Mil. Meiko Trans Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was 円0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Meiko Trans Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円126.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meiko Trans Co's Days Inventory for the three months ended in Dec. 2023 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Meiko Trans Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Meiko Trans Co Total Inventories Historical Data

The historical data trend for Meiko Trans Co's Total Inventories 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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Meiko Trans Co Total Inventories Chart

Meiko Trans Co Annual Data
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Total Inventories
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Meiko Trans Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Meiko Trans Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Meiko Trans Co  (NGO:9357) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Meiko Trans Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(26808.125+0.75 * 13102.58+0.5 * 0-28038.628
-0-4815.679)/29.8612
=126.61

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Meiko Trans 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
=0/15984.556*365 / 4
=0.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=15984.556 / 0
=N/A

4. 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.

Meiko Trans 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 / 20214.23
=0.00

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Meiko Trans Co Total Inventories Related Terms

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Meiko Trans Co (NGO:9357) Business Description

Traded in Other Exchanges
N/A
Address
4 - 6 entrance 2 - chome, Minato - ku, Nagoya, JPN, 455 - 8650
Meiko Trans Co Ltd is engaged in providing multi-modal transport services. The company offers various services such as Export, Import, Domestic distribution, Warehousing operations, Port operations, 3rd party logistics, Packaging services, Customs brokerage, Air transport operation, and others.

Meiko Trans Co (NGO:9357) Headlines

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