SECOM Co (SECOM Co) Inventory Turnover : 3.77 (As of Dec. 2023)

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What is SECOM Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. SECOM Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,365 Mil. SECOM Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $362 Mil. SECOM Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SECOM Co's Days Inventory for the three months ended in Dec. 2023 was 24.18.

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. SECOM Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

SECOM Co Inventory Turnover Historical Data

The historical data trend for SECOM Co's Inventory Turnover 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.

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SECOM Co Inventory Turnover Chart

SECOM Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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9.81

11.88

16.09

20.35

17.39

SECOM Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															4.23	4.68	3.75	3.76	3.77

SECOM Co Inventory Turnover Calculation

SECOM Co's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	5677.29	/ (	(310.987	+	341.871)	/	2 )
=	5677.29	/	326.429
=	17.39

SECOM Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1364.551	/ (	(353.052	+	370.089)	/	2 )
=	1364.551	/	361.5705
=	3.77

SECOM Co (OTCPK:SOMLY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

SECOM Co'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
	=	361.5705	/	1364.551	*	365 / 4
	=	24.18

2. 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.

SECOM Co'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 )
	=	361.5705	/	2020.232
	=	0.18

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

SECOM Co Inventory Turnover Related Terms

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SECOM Co (SECOM Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SECOM Co Ltd (OTCPK:SOMLY) » Definitions » Inventory Turnover

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SOMLF:USA 9735:Japan XSC:Germany

Address

5-1, Jingumae 1-chome, Shibuya-ku, Tokyo, JPN, 150-0001

Website

http://www.secom.co.jp

SECOM Co Ltd is a provider of security services and surveillance systems. The company operates seven business segments: security services, fire protection services, medical services, insurance services, geographic information services, information- and communication-related services, and real estate and other services. The largest segment by revenue, security services, offers electronic security services and systems, including online commercial and home security systems and large-scale surveillance services. Other segments offer fire protection and detection services, as well as medical dispensing services for home care and hospitals. The company generates most of its revenue in Japan.

SECOM Co (SECOM Co) Headlines

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