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Toell Co (TSE:3361) Inventory Turnover : 2.91 (As of Jan. 2024)


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What is Toell 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. Toell Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円4,800 Mil. Toell Co's Average Total Inventories for the quarter that ended in Jan. 2024 was 円1,649 Mil. Toell Co's Inventory Turnover for the quarter that ended in Jan. 2024 was 2.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Toell Co's Days Inventory for the three months ended in Jan. 2024 was 31.36.

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. Toell Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.21.


Toell Co Inventory Turnover Historical Data

The historical data trend for Toell 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.

* Premium members only.

Toell Co Inventory Turnover Chart

Toell Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.81 9.34 9.31 10.88 10.26

Toell Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Inventory Turnover 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 2.70 2.64 1.99 1.94 2.91

Toell Co Inventory Turnover Calculation

Toell Co's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Inventory Turnover (A: Apr. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2023 ) / ((Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count )
=17238.64 / ((1574.57 + 1785.199) / 2 )
=17238.64 / 1679.8845
=10.26

Toell Co's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover (Q: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2024 ) / ((Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count )
=4799.527 / ((1628.234 + 1670.256) / 2 )
=4799.527 / 1649.245
=2.91

* 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.


Toell Co  (TSE:3361) 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.

Toell Co's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=1649.245/4799.527*365 / 4
=31.36

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.

Toell Co's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=1649.245 / 7712.979
=0.21

* 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.


Toell Co Inventory Turnover Related Terms

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Toell Co (TSE:3361) Business Description

Traded in Other Exchanges
N/A
Address
1-5-21 Takada-Nishi, Kohoku-ku, Yokohama, JPN, 223-8510
Toell Co., Ltd. produces, wholesales and retails liquefied petroleum gas for households and enterprises. The company also operates home services such as maintenance and plumbing repair services. Its operating divisions include Gas business, Water business, Energy Telecommunications, and Foreign operation.

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