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Inter Action (TSE:7725) Total Inventories : 円2,675 Mil (As of Feb. 2024)


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What is Inter Action Total Inventories?

Inter Action's total inventories for the quarter that ended in Feb. 2024 was 円2,675 Mil. Inter Action's average total inventories from the quarter that ended in Nov. 2023 to the quarter that ended in Feb. 2024 was 円2,650 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Inter Action's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円635.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inter Action's Days Inventory for the three months ended in Feb. 2024 was 217.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inter Action's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.42.

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. Inter Action's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 1.39.


Inter Action Total Inventories Historical Data

The historical data trend for Inter Action'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.

Inter Action Total Inventories Chart

Inter Action Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,485.60 1,518.56 1,412.59 1,889.22 2,641.51

Inter Action 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 2,658.91 2,641.51 2,378.41 2,625.77 2,675.00

Inter Action 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.


Inter Action  (TSE:7725) 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.

Inter Action'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)
=(6541.6+0.75 * 1386.474+0.5 * 2674.998-1998.67
-0-0)/10.8924
=635.33

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

Inter Action'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
=2650.383/1109.536*365 / 4
=217.97

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

Inter Action'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 )
=1109.536 / 2650.383
=0.42

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.

Inter Action'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 )
=2650.383 / 1901.745
=1.39

* 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.


Inter Action Total Inventories Related Terms

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Inter Action (TSE:7725) Business Description

Traded in Other Exchanges
Address
1-1, Fukuura, Kanazawa-ku, Yokohama-shi, Kanagawa-ken, JPN, 236-0004
Inter Action Corp is engaged in IoT related business, environmental energy business which include drying and deodorizing equipment for exhaust gas treatment equipment, and industry 4.0 promotion project which include precision anti-vibration device, 3D modelling design, and gear testing machine.

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