HAZAMA ANDO (TSE:1719) Inventory Turnover : 9.70 (As of Dec. 2023)

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What is HAZAMA ANDO 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. HAZAMA ANDO's Cost of Goods Sold for the three months ended in Dec. 2023 was 円89,337 Mil. HAZAMA ANDO's Average Total Inventories for the quarter that ended in Dec. 2023 was 円9,209 Mil. HAZAMA ANDO's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HAZAMA ANDO's Days Inventory for the three months ended in Dec. 2023 was 9.41.

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. HAZAMA ANDO's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

HAZAMA ANDO Inventory Turnover Historical Data

The historical data trend for HAZAMA ANDO'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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HAZAMA ANDO Inventory Turnover Chart

HAZAMA ANDO Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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29.55

25.30

22.21

29.02

35.26

HAZAMA ANDO 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															8.17	7.05	9.46	9.70	10.53

HAZAMA ANDO Inventory Turnover Calculation

HAZAMA ANDO's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	350814	/ (	(10746	+	9154)	/	2 )
=	350814	/	9950
=	35.26

HAZAMA ANDO'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 )
=	89337	/ (	(8761	+	9657)	/	2 )
=	89337	/	9209
=	9.70

HAZAMA ANDO (TSE:1719) 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.

HAZAMA ANDO'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
	=	9209	/	89337	*	365 / 4
	=	9.41

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.

HAZAMA ANDO'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 )
	=	9209	/	100188
	=	0.09

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.

HAZAMA ANDO Inventory Turnover Related Terms

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HAZAMA ANDO (TSE:1719) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » HAZAMA ANDO Corp (TSE:1719) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

2PW:Germany

Address

No. 20, No. 1 Minato-ku, Akasaka 6-chome, Tokyo, JPN, 107-8658

Website

http://www.ad-hzm.co.jp

HAZAMA ANDO Corp is a Japanese company which is mainly engaged in construction and construction-related business. The company has three reportable segments namely Civil Engineering, Building Construction and Consolidated Subsidiaries. The Civil Engineering services include surveys, measurements, planning, designing, execution, supervising, technical guidance commissioning, and consulting work. It also provides collection, handling, and disposal of waste, and consulting work relating to such business as well as an area development, urban development, and environmental improvements. The majority of the company's revenue comes from the domestic business in Japan.

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