Sanki Engineering Co (TSE:1961) Inventory Turnover : 12.93 (As of Mar. 2024)

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What is Sanki Engineering Co 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. Sanki Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円59,595 Mil. Sanki Engineering Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円4,608 Mil. Sanki Engineering Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 12.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sanki Engineering Co's Days Inventory for the three months ended in Mar. 2024 was 7.05.

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. Sanki Engineering Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.

Sanki Engineering Co Inventory Turnover Historical Data

The historical data trend for Sanki Engineering Co'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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Sanki Engineering Co Inventory Turnover Chart

Sanki Engineering Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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61.20

54.07

50.04

45.58

54.33

Sanki Engineering Co 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															11.85	8.54	8.41	9.11	12.93

Sanki Engineering Co Inventory Turnover Calculation

Sanki Engineering Co'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 )
=	187277	/ (	(3512	+	3382)	/	2 )
=	187277	/	3447
=	54.33

Sanki Engineering Co'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 )
=	59595	/ (	(5833	+	3382)	/	2 )
=	59595	/	4607.5
=	12.93

Sanki Engineering Co (TSE:1961) 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.

Sanki Engineering Co'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
	=	4607.5	/	59595	*	365 / 4
	=	7.05

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.

Sanki Engineering Co'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 )
	=	4607.5	/	72308
	=	0.06

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.

Sanki Engineering Co Inventory Turnover Related Terms

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Sanki Engineering Co (TSE:1961) Business Description

Industry

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Address

2-1-1 Nihonbashi-Muromachi, Chuo-ku, Tokyo, JPN, 100-8331

Website

http://www.sanki.co.jp

Sanki Engineering Co., Ltd. is a Japan-based construction company that provides infrastructure services mainly in Japan. The company operates in various business divisions including Facilities Construction, which consists of heating, ventilation, and air conditioning, as well as plumbing, electrical systems, and smart building solution. Its Plants & Machinery Systems Business include Machinery Systems Business and Environmental Systems Business. Its Real Estate Business involves building and land lease of real estate assets.

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