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Vrain Solution (TSE:135A) Inventory Turnover : 5.43 (As of Feb. 2024)


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What is Vrain Solution 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. Vrain Solution's Cost of Goods Sold for the six months ended in Feb. 2024 was 円276 Mil. Vrain Solution's Average Total Inventories for the quarter that ended in Feb. 2024 was 円51 Mil. Vrain Solution's Inventory Turnover for the quarter that ended in Feb. 2024 was 5.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vrain Solution's Days Inventory for the six months ended in Feb. 2024 was 33.59.

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. Vrain Solution's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.04.

Vrain Solution Inventory Turnover Historical Data

The historical data trend for Vrain Solution'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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Vrain Solution Inventory Turnover Chart

Vrain Solution Annual Data
Trend Feb22 Feb23 Feb24
Inventory Turnover
1.74 2.20 5.43

Vrain Solution Semi-Annual Data
Feb22 Feb23 Feb24
Inventory Turnover 1.74 2.20 5.43

Vrain Solution Inventory Turnover Calculation

Vrain Solution's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Inventory Turnover (A: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2024 ) / ((Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count )
=275.712 / ((41.593 + 59.912) / 2 )
=275.712 / 50.7525
=5.43

Vrain Solution's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover (Q: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2024 ) / ((Total Inventories (Q: Feb. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count )
=275.712 / ((41.593 + 59.912) / 2 )
=275.712 / 50.7525
=5.43

* 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.

Vrain Solution  (TSE:135A) 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.

Vrain Solution's Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=50.7525/275.712*365 / 2
=33.59

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.

Vrain Solution's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=50.7525 / 1411.008
=0.04

* 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.

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.

Vrain Solution Inventory Turnover Related Terms

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Vrain Solution (TSE:135A) Business Description

Industry
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Comparable Companies
Traded in Other Exchanges
N/A
Address
17Floor Harumi Island Triton Square Office, Tower Y, 1-8-11 Harumi, Chuo-ku, Tokyo, JPN, 104-6117
Website
https://www.vrain.co.jp
Vrain Solution Inc is engaged in providing AI solutions for the manufacturing industry. It provides AI visual inspection, AI vibration inspection, AI abnormal sound inspection, production planning optimization and Safety management.

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