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Neuromagic Co (TSE:251A) Total Inventories : 円63 Mil (As of Feb. 2024)


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What is Neuromagic Co Total Inventories?

Neuromagic Co's total inventories for the quarter that ended in Feb. 2024 was 円63 Mil. Neuromagic Co's average total inventories from the quarter that ended in Feb. 2023 to the quarter that ended in Feb. 2024 was 円69 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Neuromagic Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円44.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Neuromagic Co's Days Inventory for the six months ended in Feb. 2024 was 11.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Neuromagic Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 15.39.

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. Neuromagic Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.05.


Neuromagic Co Total Inventories Historical Data

The historical data trend for Neuromagic 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.

Neuromagic Co Total Inventories Chart

Neuromagic Co Annual Data
Trend Feb23 Feb24
Total Inventories
74.18 63.23

Neuromagic Co Semi-Annual Data
Feb23 Feb24
Total Inventories 74.18 63.23

Neuromagic 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.


Neuromagic Co  (TSE:251A) 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.

Neuromagic Co's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 is

Net-Net Working Capital Per Share (Q: Feb. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(300.576+0.75 * 198.495+0.5 * 63.231-441.243
-0-3.287)/0.824
=44.34

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

Neuromagic Co's Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=68.7055/1057.362*365 / 2
=11.86

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

Neuromagic Co's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2024 ) / Average Total Inventories (Q: Feb. 2024 )
=1057.362 / 68.7055
=15.39

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.

Neuromagic Co's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=68.7055 / 1321.321
=0.05

* 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.


Neuromagic Co Total Inventories Related Terms

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Neuromagic Co Business Description

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Traded in Other Exchanges
N/A
Address
6-16-1 Tsukiji, Tsukiji 616 Building 3rd Floor, Chuo-ku, Tokyo, JPN, 104-0045
Neuromagic Co Ltd is an experience design company with the slogan Experience Agency. It pursues the best experience by considering everything from business requirements and business processes including backstage to social and cultural background and environment. The company is specialized in web production, digital contents development, graphic design, service design, consulting, web design, UX, design research, and SX.

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