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Fast Fitness Japan (TSE:7092) Total Inventories : 円180 Mil (As of Dec. 2023)


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What is Fast Fitness Japan Total Inventories?

Fast Fitness Japan's total inventories for the quarter that ended in Dec. 2023 was 円180 Mil. Fast Fitness Japan's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was 円200 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Fast Fitness Japan's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円125.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fast Fitness Japan's Days Inventory for the three months ended in Dec. 2023 was 8.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fast Fitness Japan's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.54.

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. Fast Fitness Japan's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.


Fast Fitness Japan Total Inventories Historical Data

The historical data trend for Fast Fitness Japan'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.

Fast Fitness Japan Total Inventories Chart

Fast Fitness Japan Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial 146.05 139.90 166.19 145.00 283.00

Fast Fitness Japan Quarterly Data
Mar18 Mar19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 260.00 283.00 197.00 219.00 180.00

Fast Fitness Japan 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.


Fast Fitness Japan  (TSE:7092) 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.

Fast Fitness Japan's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9959+0.75 * 1093+0.5 * 180-8522
-0-0)/18.7241
=125.33

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

Fast Fitness Japan's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=199.5/2103*365 / 4
=8.66

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

Fast Fitness Japan's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=2103 / 199.5
=10.54

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.

Fast Fitness Japan's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=199.5 / 3983
=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.


Fast Fitness Japan Total Inventories Related Terms

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Fast Fitness Japan (TSE:7092) Business Description

Traded in Other Exchanges
N/A
Address
Shinjuku-ku, 6-12-1 Park West 6th Floor, Nishi-Shinjuku, Tokyo, JPN, 160-0023
Fast Fitness Japan Inc is an operator of fitness club in Japan. The company engages in planning and management of fitness club under the name anytime fitness.

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