Towa Hi System Co (TSE:4172) Total Inventories : 円261 Mil (As of Mar. 2024)

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What is Towa Hi System Co Total Inventories?

Towa Hi System Co's total inventories for the quarter that ended in Mar. 2024 was 円261 Mil. Towa Hi System Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was 円224 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Towa Hi System Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円325.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Towa Hi System Co's Days Inventory for the three months ended in Mar. 2024 was 151.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Towa Hi System Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.60.

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. Towa Hi System Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.35.

Towa Hi System Co Total Inventories Historical Data

The historical data trend for Towa Hi System 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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Towa Hi System Co Total Inventories Chart

Towa Hi System Co Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Total Inventories

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58.02

163.04

236.74

169.73

183.02

Towa Hi System Co Quarterly Data
	Sep18	Sep19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Total Inventories	Get a 7-Day Free Trial														171.07	169.73	186.39	260.74	183.02

Towa Hi System 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.

Towa Hi System Co (TSE:4172) 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.

Towa Hi System 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)
=	(734.776	+	0.75 * 431.726	+	0.5 * 260.74	-	463.663
-	0	-	0)	/	2.228
=	325.53

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

Towa Hi System 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
	=	223.5625	/	134.392	*	365 / 4
	=	151.80

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

Towa Hi System 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 )
	=	134.392	/	223.5625
	=	0.60

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.

Towa Hi System 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 )
	=	223.5625	/	629.876
	=	0.35

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.

Towa Hi System Co Total Inventories Related Terms

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Towa Hi System Co Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Towa Hi System Co Ltd (TSE:4172) » Definitions » Total Inventories

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Address

3-12-33 Noda, Kita-ku, Okayama, JPN, 700-0971

Website

https://www.towa-hi-sys.co.jp

Towa Hi System Co Ltd is involved in the research and development, sales and support of integrated electronic medical record system for dental clinics.

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