GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Land Business Co Ltd (TSE:8944) » Definitions » Total Inventories

Land Business Co (TSE:8944) Total Inventories : 円7,657 Mil (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Land Business Co Total Inventories?

Land Business Co's total inventories for the quarter that ended in Mar. 2024 was 円7,657 Mil. Land Business Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was 円7,745 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Land Business Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-1,111.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Land Business Co's Days Inventory for the three months ended in Mar. 2024 was 501.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Land Business Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.18.

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. Land Business Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.13.


Land Business Co Total Inventories Historical Data

The historical data trend for Land Business 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.

Land Business Co Total Inventories Chart

Land Business Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.37 10.07 13.71 30.49 6,958.30

Land Business Co 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 6,520.64 6,506.55 6,958.30 7,833.17 7,656.52

Land Business 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.


Land Business Co  (TSE:8944) 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.

Land Business Co'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)
=(9191.538+0.75 * 153.312+0.5 * 7656.521-35193.466
-0-0)/19.8461
=-1,111.49

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

Land Business Co'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
=7744.846/1410.351*365 / 4
=501.09

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

Land Business Co'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 )
=1410.351 / 7744.846
=0.18

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.

Land Business Co'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 )
=7744.846 / 2477.011
=3.13

* 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.


Land Business Co Total Inventories Related Terms

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


Land Business Co (TSE:8944) Business Description

Traded in Other Exchanges
N/A
Address
Kasumigaseki Building 30th Floor, Kasumigaseki 3-2-5, Chiyoda-ku, Tokyo, JPN
Land Business Co Ltd is a real estate services company based in Japan. The company operates through two segments: Real Estate Investment business and Design and Construction business. In the Real Estate Investment business, the company acquires land, inject the know-how, cultivated in the design and build office buildings. The Design and Construction business consists of design supervision business, building and consulting business to support real estate owners.

Land Business Co (TSE:8944) Headlines

No Headlines