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NIKKON Holdings Co (TSE:9072) Inventory-to-Revenue : 0.01 (As of Dec. 2023)


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What is NIKKON Holdings Co 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. NIKKON Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円675 Mil. NIKKON Holdings Co's Revenue for the three months ended in Dec. 2023 was 円58,224 Mil. NIKKON Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

NIKKON Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 stayed the same from Sep. 2023 (0.01) to Sep. 2023 (0.01)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NIKKON Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 1.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. NIKKON Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 73.64.


NIKKON Holdings Co Inventory-to-Revenue Historical Data

The historical data trend for NIKKON Holdings Co'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.

NIKKON Holdings Co Inventory-to-Revenue Chart

NIKKON Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
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NIKKON Holdings Co 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of NIKKON Holdings Co's Inventory-to-Revenue

For the Integrated Freight & Logistics subindustry, NIKKON Holdings Co'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.


NIKKON Holdings Co's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, NIKKON Holdings Co's Inventory-to-Revenue distribution charts can be found below:

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



NIKKON Holdings Co 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.

NIKKON Holdings Co'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 )
=( (562 + 614) / 2 ) / 222322
=588 / 222322
=0.00

NIKKON Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (641 + 708) / 2 ) / 58224
=674.5 / 58224
=0.01

* 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.


NIKKON Holdings Co  (TSE:9072) 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.

NIKKON Holdings 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
=674.5/49673*365 / 4
=1.24

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=49673 / 674.5
=73.64

* 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.


NIKKON Holdings Co Inventory-to-Revenue Related Terms

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NIKKON Holdings Co (TSE:9072) Business Description

Traded in Other Exchanges
Address
6-17 Akashi-cho, Chuo-ku, Tokyo, JPN
NIKKON Holdings Co Ltd is a logistics company, domiciled in Japan. The company organizes itself into five segments: shipping, warehousing, packaging, test, and others. The shipping segment, which provides the largest portion of revenue, transports heavy equipment by road, including vehicles, vehicle parts, and machinery. Packaging, the next- largest segment, processes, and packs cargo. The warehousing segment provides storage for cargo. The test segment provides vehicle and machinery testing services. The other segment repairs vehicles leases real estate and sells insurance. The company earns the majority of its revenue in Japan and a small proportion of revenue from North America and Asia.

NIKKON Holdings Co (TSE:9072) Headlines

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