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As Partners Co (TSE:160A) Total Inventories : 円3,350 Mil (As of Mar. 2024)


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What is As Partners Co Total Inventories?

As Partners Co's total inventories for the quarter that ended in Mar. 2024 was 円3,350 Mil. As Partners Co's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Mar. 2024 was 円3,480 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. As Partners Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-1,387.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. As Partners Co's Days Inventory for the three months ended in Mar. 2024 was 22.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. As Partners Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.04.

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. As Partners Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.


As Partners Co Total Inventories Historical Data

The historical data trend for As Partners 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.

* Premium members only.

As Partners Co Total Inventories Chart

As Partners Co Annual Data
Trend Mar22 Mar23 Mar24
Total Inventories
1,922.41 3,609.82 3,349.63

As Partners Co Quarterly Data
Mar22 Mar23 Mar24
Total Inventories 1,922.41 3,609.82 3,349.63

As Partners 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.


As Partners Co  (TSE:160A) 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.

As Partners Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5707.562+0.75 * 1919.763+0.5 * 3349.634-13572.355
-0-0)/3.423
=-1,387.72

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

As Partners 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
=3479.727/14041.042*365 / 4
=22.61

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

As Partners Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=14041.042 / 3479.727
=4.04

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.

As Partners 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 )
=3479.727 / 17150.524
=0.20

* 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.


As Partners Co Total Inventories Related Terms

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As Partners Co Business Description

Traded in Other Exchanges
N/A
Address
2-2 Kandasurugadai, Chiyoda-ku, Tokyo, JPN, 1010062
As Partners Co Ltd is engaged in two business Senior business and Real estate business. Senior business includes management of nursing homes (paid nursing homes with nursing care) (life care for residents of general specified facilities), day services, and short stays. Real estate business includes real estate ownership, residential lot sales, real estate revitalization consulting, etc.

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