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Autoserver Co (TSE:5589) Inventory Turnover : 178.80 (As of Dec. 2023)


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What is Autoserver 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. Autoserver Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円400 Mil. Autoserver Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円2 Mil. Autoserver Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 178.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Autoserver Co's Days Inventory for the three months ended in Dec. 2023 was 0.51.

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. Autoserver Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Autoserver Co Inventory Turnover Historical Data

The historical data trend for Autoserver 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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Autoserver Co Inventory Turnover Chart

Autoserver Co Annual Data
Trend Dec21 Dec22 Dec23
Inventory Turnover
1,433.47 1,508.91 808.26

Autoserver Co Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23
Inventory Turnover - - - 243.64 178.80

Autoserver Co Inventory Turnover Calculation

Autoserver Co'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 )
=1671.076 / ((0.867 + 3.268) / 2 )
=1671.076 / 2.0675
=808.26

Autoserver 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 )
=399.891 / ((1.205 + 3.268) / 2 )
=399.891 / 2.2365
=178.80

* 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.

Autoserver Co  (TSE:5589) 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.

Autoserver 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
=2.2365/399.891*365 / 4
=0.51

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.

Autoserver 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 )
=2.2365 / 1419.303
=0.00

* 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.

Autoserver Co Inventory Turnover Related Terms

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Autoserver Co (TSE:5589) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autoserver Co Ltd (TSE:5589) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
1-8-8 Harumi, Triton Square Office Tower W Building 14th floor, Chuo-ku, Tokyo, JPN, 104-0053
Website
https://www.autoserver.co.jp
Autoserver Co Ltd is engaged in used car auction agency service and brokerage service for used car dealers on the website. The used car distribution platform ASNET operated by the company is a used car distribution web service that can be used by used car dealers and automobile-related businesses with no membership fee or monthly membership fee.

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