GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kikkoman Corp (TSE:2801) » Definitions » Inventory-to-Revenue

Kikkoman (TSE:2801) Inventory-to-Revenue : 0.56 (As of Mar. 2024)


View and export this data going back to 1949. Start your Free Trial

What is Kikkoman Inventory-to-Revenue?

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. Kikkoman's Average Total Inventories for the quarter that ended in Mar. 2024 was 円92,079 Mil. Kikkoman's Revenue for the three months ended in Mar. 2024 was 円165,960 Mil. Kikkoman's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.56.

Kikkoman's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.53) to Dec. 2023 (0.56)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kikkoman's Days Inventory for the three months ended in Mar. 2024 was 76.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kikkoman's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.20.


Kikkoman Inventory-to-Revenue Historical Data

The historical data trend for Kikkoman'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.

* Premium members only.

Kikkoman Inventory-to-Revenue Chart

Kikkoman Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.14 0.14 0.14 0.14

Kikkoman Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue 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 0.60 0.60 0.58 0.53 0.56

Competitive Comparison of Kikkoman's Inventory-to-Revenue

For the Packaged Foods subindustry, Kikkoman'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.


Kikkoman's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kikkoman's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Kikkoman's Inventory-to-Revenue falls into.



Kikkoman 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.

Kikkoman's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (A: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )
=( (92222 + 94970) / 2 ) / 660835
=93596 / 660835
=0.14

Kikkoman's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (89188 + 94970) / 2 ) / 165960
=92079 / 165960
=0.55

* 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.


Kikkoman  (TSE:2801) 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.

Kikkoman'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
=92079/110042*365 / 4
=76.35

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

Kikkoman'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 )
=110042 / 92079
=1.20

* 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.


Kikkoman Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Kikkoman's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Kikkoman (TSE:2801) Business Description

Traded in Other Exchanges
Address
250 Noda, Noda-shi, Chiba, JPN, 278-8601
Kikkoman was founded in 1917 following the merger of eight family-owned companies in Noda, Chiba Prefecture, Japan. It is the largest soy sauce manufacturer in Japan and the U.S. Domestically, it sells a wide range of food and beverage products including but not limited to soy sauce, soy milk, licensed Del Monte products, and liquor. Kikkoman's products are shipped to over 100 countries with eight global production plants across the U.S., Asia, Europe, and South America. Apart from food manufacturing, Kikkoman also operates a wholesale business that resells Asian foods globally.

Kikkoman (TSE:2801) Headlines

No Headlines