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Medical Ikkou Group Co (TSE:3353) Total Inventories : 円1,810 Mil (As of Nov. 2023)


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What is Medical Ikkou Group Co Total Inventories?

Medical Ikkou Group Co's total inventories for the quarter that ended in Nov. 2023 was 円1,810 Mil. Medical Ikkou Group Co's average total inventories from the quarter that ended in Aug. 2023 to the quarter that ended in Nov. 2023 was 円1,554 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Medical Ikkou Group Co's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was 円-1,515.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Medical Ikkou Group Co's Days Inventory for the three months ended in Nov. 2023 was 14.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Medical Ikkou Group Co's Inventory Turnover for the quarter that ended in Nov. 2023 was 6.36.

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. Medical Ikkou Group Co's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.14.


Medical Ikkou Group Co Total Inventories Historical Data

The historical data trend for Medical Ikkou Group 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.

Medical Ikkou Group Co Total Inventories Chart

Medical Ikkou Group Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,045.60 1,141.29 1,095.01 1,214.01 1,228.23

Medical Ikkou Group Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,273.66 1,228.23 1,253.12 1,298.62 1,809.78

Medical Ikkou Group 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.


Medical Ikkou Group Co  (TSE:3353) 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.

Medical Ikkou Group Co's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2023 is

Net-Net Working Capital Per Share (Q: Nov. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7811.683+0.75 * 7394.171+0.5 * 1809.78-19361.967
-0-593.062)/3.75703
=-1,515.25

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

Medical Ikkou Group Co's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=1554.1985/9891.081*365 / 4
=14.34

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

Medical Ikkou Group Co's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2023 ) / Average Total Inventories (Q: Nov. 2023 )
=9891.081 / 1554.1985
=6.36

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.

Medical Ikkou Group Co's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=1554.1985 / 11319.32
=0.14

* 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.


Medical Ikkou Group Co Total Inventories Related Terms

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Medical Ikkou Group Co (TSE:3353) Business Description

Traded in Other Exchanges
N/A
Address
501 62 Fujikata, Mie Prefecture, Tsu, JPN, 514-0815
Medical Ikkou Group Co Ltd is engaged in Dispensing pharmacy business, healthcare business, pharmaceutical wholesale business, real estate business, and investment business.

Medical Ikkou Group Co (TSE:3353) Headlines

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