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BroadBand Tower (TSE:3776) Inventory Turnover : 11.63 (As of Mar. 2024)


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What is BroadBand Tower 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. BroadBand Tower's Cost of Goods Sold for the three months ended in Mar. 2024 was 円2,332 Mil. BroadBand Tower's Average Total Inventories for the quarter that ended in Mar. 2024 was 円200 Mil. BroadBand Tower's Inventory Turnover for the quarter that ended in Mar. 2024 was 11.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BroadBand Tower's Days Inventory for the three months ended in Mar. 2024 was 7.84.

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. BroadBand Tower's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.


BroadBand Tower Inventory Turnover Historical Data

The historical data trend for BroadBand Tower'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.

BroadBand Tower Inventory Turnover Chart

BroadBand Tower Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.99 42.25 33.68 38.92 69.07

BroadBand Tower 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 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 13.25 11.16 9.59 10.16 11.63

BroadBand Tower Inventory Turnover Calculation

BroadBand Tower'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 )
=10522.388 / ((129.815 + 174.855) / 2 )
=10522.388 / 152.335
=69.07

BroadBand Tower'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 )
=2332.107 / ((174.855 + 226.122) / 2 )
=2332.107 / 200.4885
=11.63

* 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.


BroadBand Tower  (TSE:3776) 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.

BroadBand Tower'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
=200.4885/2332.107*365 / 4
=7.84

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.

BroadBand Tower'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 )
=200.4885 / 3090.112
=0.06

* 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.


BroadBand Tower Inventory Turnover Related Terms

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BroadBand Tower (TSE:3776) Business Description

Traded in Other Exchanges
N/A
Address
4-2-6 Akasaka, Tokyo, JPN
BroadBand Tower, Inc. is a Japan-based company engaged in the provision of internet services. The company offers various services such as portal and e-commerce sites, video distribution sites, and social media and others. It operates through two businesses namely computer platform and fashion industry platform. The computer platform business includes data center and cloud services, storage products, and the internet of things. Its fashion industry platform business provides electronic-commerce support services, apparel planning, manufacturing and marketing and television shopping support services.

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