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Meiko Network Japan Co (TSE:4668) Total Inventories : 円157 Mil (As of Feb. 2024)


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What is Meiko Network Japan Co Total Inventories?

Meiko Network Japan Co's total inventories for the quarter that ended in Feb. 2024 was 円157 Mil. Meiko Network Japan Co's average total inventories from the quarter that ended in Nov. 2023 to the quarter that ended in Feb. 2024 was 円148 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Meiko Network Japan Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円187.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meiko Network Japan Co's Days Inventory for the three months ended in Feb. 2024 was 3.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meiko Network Japan Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 28.77.

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 Network Japan Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.02.


Meiko Network Japan Co Total Inventories Historical Data

The historical data trend for Meiko Network Japan 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.

Meiko Network Japan Co Total Inventories Chart

Meiko Network Japan Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 417.00 155.00 134.00 115.00 146.00

Meiko Network Japan Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 134.00 132.00 146.00 138.00 157.00

Meiko Network Japan 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 Network Japan Co  (TSE:4668) 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 Network Japan 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)
=(8697+0.75 * 1016+0.5 * 157-4817
-0-0)/25.2115
=187.24

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

Meiko Network Japan Co's Days Inventory for the three 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
=147.5/4243*365 / 4
=3.17

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

Meiko Network Japan 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 )
=4243 / 147.5
=28.77

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 Network Japan 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 )
=147.5 / 5991
=0.02

* 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 Network Japan Co Total Inventories Related Terms

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Meiko Network Japan Co (TSE:4668) Business Description

Traded in Other Exchanges
N/A
Address
7-20-1 Nishi-Shinjuku, 29th Floor/30th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Tokyo, JPN, 160-0023
Meiko Network Japan Co Ltd provides educational services. The company's business is divided into Meiko Gijuku Business Activities which operates schools for children of all ages from elementary school to university entrance examination. Medical Cram School Business Activities include a school for medicine-related university entrance examination, and Other Business Activities comprises of Soccer schools for preschool children elementary and junior high school students, individual tutoring cram schools, extended-hours cram schools, and others.

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