Osaka Soda Co (TSE:4046) Inventory Turnover : 1.00 (As of Dec. 2023)

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What is Osaka Soda 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. Osaka Soda Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円17,612 Mil. Osaka Soda Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円17,664 Mil. Osaka Soda Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Osaka Soda Co's Days Inventory for the three months ended in Dec. 2023 was 91.52.

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. Osaka Soda Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.75.

Osaka Soda Co Inventory Turnover Historical Data

The historical data trend for Osaka Soda 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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Osaka Soda Co Inventory Turnover Chart

Osaka Soda Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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7.88

7.27

5.39

5.16

4.10

Osaka Soda 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															1.28	0.97	0.95	1.00	1.00

Osaka Soda Co Inventory Turnover Calculation

Osaka Soda 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 )
=	69761	/ (	(16083	+	17921)	/	2 )
=	69761	/	17002
=	4.10

Osaka Soda Co'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 )
=	17612	/ (	(17846	+	17482)	/	2 )
=	17612	/	17664
=	1.00

Osaka Soda Co (TSE:4046) 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.

Osaka Soda Co'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
	=	17664	/	17612	*	365 / 4
	=	91.52

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.

Osaka Soda Co'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 )
	=	17664	/	23593
	=	0.75

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.

Osaka Soda Co Inventory Turnover Related Terms

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Osaka Soda Co (TSE:4046) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Osaka Soda Co Ltd (TSE:4046) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

12-18, Awaza 1-chome, Nishi-ku, Osaka, JPN, 550-0011

Website

http://www.osaka-soda.co.jp

Osaka Soda Co Ltd is a Japan-based company, engages in the production and sale of chemicals, pharmaceuticals, and resin products. It operates through the following divisions: The Basic Chemicals divisions that include Caustic Soda, allyl chloride, and epichlorohydrin products. The Functional Chemicals divisions produce and sell pharmaceuticals and intermediates including allyl ethers, epichlorohydrin rubber, diallyl phthalate (DAP) resins, silica gel for liquid chromatography and electrodes. The Housing Facilities divisions handle the production and marketing of DAP processed materials and products related to housing.

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