Coca-Cola Bottlers Japan Holdings (FRA:CCW) Inventory Turnover : 1.40 (As of Mar. 2024)

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What is Coca-Cola Bottlers Japan Holdings 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. Coca-Cola Bottlers Japan Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €645 Mil. Coca-Cola Bottlers Japan Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was €461 Mil. Coca-Cola Bottlers Japan Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Coca-Cola Bottlers Japan Holdings's Days Inventory for the three months ended in Mar. 2024 was 65.23.

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. Coca-Cola Bottlers Japan Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.40.

Coca-Cola Bottlers Japan Holdings Inventory Turnover Historical Data

The historical data trend for Coca-Cola Bottlers Japan Holdings'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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Coca-Cola Bottlers Japan Holdings Inventory Turnover Chart

Coca-Cola Bottlers Japan Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.72

5.90

6.35

6.24

6.47

Coca-Cola Bottlers Japan Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.40	1.47	1.75	1.60	1.40

Coca-Cola Bottlers Japan Holdings Inventory Turnover Calculation

Coca-Cola Bottlers Japan Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	3084.86	/ (	(497.144	+	456.336)	/	2 )
=	3084.86	/	476.74
=	6.47

Coca-Cola Bottlers Japan Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	645.314	/ (	(456.336	+	466.243)	/	2 )
=	645.314	/	461.2895
=	1.40

Coca-Cola Bottlers Japan Holdings (FRA:CCW) 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.

Coca-Cola Bottlers Japan Holdings'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
	=	461.2895	/	645.314	*	365 / 4
	=	65.23

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.

Coca-Cola Bottlers Japan Holdings'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 )
	=	461.2895	/	1145.424
	=	0.40

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.

Coca-Cola Bottlers Japan Holdings Inventory Turnover Related Terms

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Coca-Cola Bottlers Japan Holdings (FRA:CCW) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Bottlers Japan Holdings Inc (FRA:CCW) » Definitions » Inventory Turnover

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Traded in Other Exchanges

CCOJY:USA 2579:Japan

Address

9-7-1 Akasaka, Minato-ku, Tokyo Midtown Tower, Fukuoka, JPN, 107-6211

Website

https://www.ccbj-holdings.com

Coca-Cola Bottlers Japan Holdings Inc is a Japanese soft drinks manufacturer, which operates through licensing agreements with The Coca-Cola Company based in the United States. It functions through two business segments, namely The Cold Beverage segment and The Healthcare and Skincare segment. The Cold Beverage segment by far accounts for most of the company's revenue generating operations. It represents the manufacture and sale of beverages such as sports drinks, tea beverages, sparkling beverages and mineral water. Its secondary business is carried out through the Healthcare and Skincare segment which produces and sells health food and cosmetics.

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