Nohmi Bosai (TSE:6744) Inventory Turnover : 1.35 (As of Dec. 2023)

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What is Nohmi Bosai 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. Nohmi Bosai's Cost of Goods Sold for the three months ended in Dec. 2023 was 円20,828 Mil. Nohmi Bosai's Average Total Inventories for the quarter that ended in Dec. 2023 was 円15,399 Mil. Nohmi Bosai's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nohmi Bosai's Days Inventory for the three months ended in Dec. 2023 was 67.46.

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. Nohmi Bosai's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.51.

Nohmi Bosai Inventory Turnover Historical Data

The historical data trend for Nohmi Bosai'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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Nohmi Bosai Inventory Turnover Chart

Nohmi Bosai Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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5.32

5.60

7.00

6.51

5.70

Nohmi Bosai 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															1.66	1.15	1.28	1.35	1.55

Nohmi Bosai Inventory Turnover Calculation

Nohmi Bosai'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 )
=	79033	/ (	(12478	+	15246)	/	2 )
=	79033	/	13862
=	5.70

Nohmi Bosai'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 )
=	20828	/ (	(15271	+	15527)	/	2 )
=	20828	/	15399
=	1.35

Nohmi Bosai (TSE:6744) 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.

Nohmi Bosai'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
	=	15399	/	20828	*	365 / 4
	=	67.46

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.

Nohmi Bosai'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 )
	=	15399	/	30145
	=	0.51

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.

Nohmi Bosai Inventory Turnover Related Terms

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Nohmi Bosai (TSE:6744) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nohmi Bosai Ltd (TSE:6744) » Definitions » Inventory Turnover

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Address

4-7-3 Kudan-Minami, Chiyoda-ku, Tokyo, JPN, 102-8277

Website

http://www.nohmi.co.jp

Nohmi Bosai Ltd manufactures fire alarm systems. The company offers fire alarm systems and fire extinguishing systems such as automatic fire alarm systems, environmental monitoring systems, fire doors and smoke control systems, sprinkler systems, foam systems, and fire protection equipment. Its products and solutions are used in homes and large commercial and industrial facilities, including office buildings, leisure complexes, industrial plants, factories, and road tunnels. The company also offers maintenance services including inspections and repairs, telephone support, and fire protection consulting services. Nohmi Bosai operates primarily in Japan.

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