GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Universal Entertainment Corp (TSE:6425) » Definitions » Total Inventories

Universal Entertainment (TSE:6425) Total Inventories : 円28,732 Mil (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Universal Entertainment Total Inventories?

Universal Entertainment's total inventories for the quarter that ended in Mar. 2024 was 円28,732 Mil. Universal Entertainment's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was 円28,479 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Universal Entertainment's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-2,370.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universal Entertainment's Days Inventory for the three months ended in Mar. 2024 was 202.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Universal Entertainment's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.45.

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. Universal Entertainment's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.83.


Universal Entertainment Total Inventories Historical Data

The historical data trend for Universal Entertainment'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.

Universal Entertainment Total Inventories Chart

Universal Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25,399.00 23,886.00 25,022.00 27,624.00 28,226.00

Universal Entertainment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 32,338.00 29,519.00 30,447.00 28,226.00 28,732.00

Universal Entertainment 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.


Universal Entertainment  (TSE:6425) 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.

Universal Entertainment'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)
=(45388+0.75 * 6721+0.5 * 28732-248485
-0-0)/77.4909
=-2,370.48

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

Universal Entertainment'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
=28479/12855*365 / 4
=202.16

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

Universal Entertainment'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 )
=12855 / 28479
=0.45

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.

Universal Entertainment'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 )
=28479 / 34427
=0.83

* 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.


Universal Entertainment Total Inventories Related Terms

Thank you for viewing the detailed overview of Universal Entertainment's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Universal Entertainment (TSE:6425) Business Description

Traded in Other Exchanges
Address
Ariake Frontier Building A, 3-7-26 Ariake Koto-ku, Tokyo, JPN, 135-0063
Universal Entertainment Corp is a Japanese manufacturer of gaming machines. The company's primary business, which constitutes the majority of consolidated revenue, is to manufacture and sell Pachislot and Pachinko gaming machines, and related parts and peripherals. Universal Entertainment also operates the Okada Manila casino resort in Manila Bay, Philippines. In addition to gaming operations, the company has businesses in media content, broadcasting, online games, and restaurants. The company derives the vast majority of income domestically.

Universal Entertainment (TSE:6425) Headlines

No Headlines