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. Toyota Industries's Average Total Inventories for the quarter that ended in Dec. 2023 was $4,089 Mil. Toyota Industries's Revenue for the
three
months ended in Dec. 2023 was $6,877 Mil.
Toyota Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.60.
Toyota Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.63) to Sep. 2023 (0.60)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Toyota Industries's Days Inventory for the
three
months ended in Dec. 2023 was 71.77.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Toyota Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.27.
Toyota Industries Inventory-to-Revenue Historical Data
The historical data trend for Toyota Industries's Inventory-to-Revenue 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.
Competitive Comparison of Toyota Industries's Inventory-to-Revenue
For the Farm & Heavy Construction Machinery subindustry, Toyota Industries's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Toyota Industries's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Toyota Industries's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Toyota Industries's Inventory-to-Revenue falls into.
Toyota Industries Inventory-to-Revenue Calculation
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.
Toyota Industries's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Toyota Industries (OTCPK:TYIDY) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Toyota Industries's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
Toyota Industries Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Toyota Industries's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Toyota Industries (Toyota Industries) Business Description
Toyota Industries Corp is primarily engaged in manufacturing and sale of automobiles, industrial vehicles, and textile machinery, as well as logistics business. The company manufactures and sells automobiles, engines, foundry pieces and electronic equipment. It also provides forklift trucks, warehouse equipment, automatic warehouse, vehicles for high-place work. In addition, it also engaged in the land transportation service, collection, and delivery service. The business of the group is primarily functioned through Japan and its amplifying internationally. Toyota derives most of the income through the sale of products and recycled waste products.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TYIDY has been successfully added to your 