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MeganTop Co., (TSE:7541) Total Inventories : 円4,821 Mil (As of Mar. 2013)


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What is MeganTop Co., Total Inventories?

MeganTop Co.,'s total inventories for the quarter that ended in Mar. 2013 was 円4,821 Mil. MeganTop Co.,'s average total inventories from the quarter that ended in Dec. 2012 to the quarter that ended in Mar. 2013 was 円5,244 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MeganTop Co.,'s Net-Net Working Capital per share for the quarter that ended in Mar. 2013 was 円-58.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MeganTop Co.,'s Days Inventory for the three months ended in Mar. 2013 was 86.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. MeganTop Co.,'s Inventory Turnover for the quarter that ended in Mar. 2013 was 1.06.

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. MeganTop Co.,'s Inventory-to-Revenue for the quarter that ended in Mar. 2013 was 0.31.

MeganTop Co., Total Inventories Historical Data

The historical data trend for MeganTop 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.

MeganTop Co., Total Inventories Chart

MeganTop Co., Annual Data
Trend Mar09 Mar10 Mar11 Mar12
Total Inventories
4,045.88 4,109.48 4,959.36 4,731.64

MeganTop Co., Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
Total Inventories Get a 7-Day Free Trial Premium Member Only 4,731.64 5,335.47 5,525.74 5,668.37 4,820.53

MeganTop 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.

MeganTop Co.,  (TSE:7541) 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.

MeganTop Co.,'s Net-Net Working Capital Per Share for the quarter that ended in Mar. 2013 is

Net-Net Working Capital Per Share (Q: Mar. 2013 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6596.067+0.75 * 0+0.5 * 4820.525-11669.169
-0-0)/45.185
=-58.93

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

MeganTop Co.,'s Days Inventory for the three months ended in Mar. 2013 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2013 )/Cost of Goods Sold (Q: Mar. 2013 )*Days in Period
=5244.448/5544.757*365 / 4
=86.31

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

MeganTop Co.,'s Inventory Turnover for the quarter that ended in Mar. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2013 ) / Average Total Inventories (Q: Mar. 2013 )
=5544.757 / 5244.448
=1.06

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.

MeganTop Co.,'s Inventory to Revenue for the quarter that ended in Mar. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2013 ) / Revenue (Q: Mar. 2013 )
=5244.448 / 17079.434
=0.31

* 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.

MeganTop Co., Total Inventories Related Terms

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