Furukawa Co (TSE:5715) Inventory Turnover : 0.79 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Furukawa 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. Furukawa Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円40,213 Mil. Furukawa Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円50,687 Mil. Furukawa Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Furukawa Co's Days Inventory for the three months ended in Dec. 2023 was 115.02.

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. Furukawa Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.07.

Furukawa Co Inventory Turnover Historical Data

The historical data trend for Furukawa 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.

Furukawa Co Inventory Turnover Chart

Furukawa Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

3.61

3.63

4.01

3.89

3.41

Furukawa 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															0.93	0.80	0.79	0.79	0.79

Furukawa Co Inventory Turnover Calculation

Furukawa 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 )
=	160010	/ (	(46502	+	47413)	/	2 )
=	160010	/	46957.5
=	3.41

Furukawa 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 )
=	40213	/ (	(48206	+	53168)	/	2 )
=	40213	/	50687
=	0.79

Furukawa Co (TSE:5715) 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.

Furukawa 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
	=	50687	/	40213	*	365 / 4
	=	115.02

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.

Furukawa 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 )
	=	50687	/	47241
	=	1.07

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.

Furukawa Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Furukawa Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Furukawa Co (TSE:5715) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Furukawa Co Ltd (TSE:5715) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

FUR:Germany

Address

2-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8370

Website

http://www.furukawakk.co.jp

Furukawa Co Ltd is a Japan-based company that primarily produces and sells machinery products, smelts on consignment and sells copper products, and produces electronic materials and chemical products. The company generates the majority of its sales from four major segments: industrial machinery, rock drill machinery, UNIC machinery, and metals. The industrial machinery segment supplies environmental machinery, pumps, and industrial machinery. The rock drill machinery segment produces and sells rock drill machines. The UNIC machinery segment produces and distributes cranes and carriers. The metals segment smelts copper products and supplies other metal products including ore, gold, and silver. The company generates the majority of its sales from the Japanese domestic market.

Furukawa Co (TSE:5715) Headlines

No Headlines