Amvis Holdings (TSE:7071) Inventory Turnover : 288.93 (As of Mar. 2024)

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What is Amvis Holdings 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. Amvis Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was 円5,923 Mil. Amvis Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was 円21 Mil. Amvis Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 288.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amvis Holdings's Days Inventory for the three months ended in Mar. 2024 was 0.32.

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. Amvis Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Amvis Holdings Inventory Turnover Historical Data

The historical data trend for Amvis Holdings'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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Amvis Holdings Inventory Turnover Chart

Amvis Holdings Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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765.86

1,574.46

1,641.82

1,487.33

1,497.12

Amvis Holdings 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															361.12	409.83	398.85	301.51	288.93

Amvis Holdings Inventory Turnover Calculation

Amvis Holdings's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	18714	/ (	(11	+	14)	/	2 )
=	18714	/	12.5
=	1,497.12

Amvis Holdings'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 )
=	5923	/ (	(23	+	18)	/	2 )
=	5923	/	20.5
=	288.93

Amvis Holdings (TSE:7071) 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.

Amvis Holdings'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
	=	20.5	/	5923	*	365 / 4
	=	0.32

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.

Amvis Holdings'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 )
	=	20.5	/	10056
	=	0.00

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.

Amvis Holdings Inventory Turnover Related Terms

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Amvis Holdings (TSE:7071) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Amvis Holdings Inc (TSE:7071) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

9-8 Yaesu, Yaesmeg Building, Chuo-ku, Tokyo, JPN, 103-0028

Website

https://www.amvis.co.jp

Amvis Holdings Inc operates medical care centers. The company offers Home-visit nursing, in-home nursing support in medical centers, such as residential nursing homes for the elderly, and "Healthcare Facility-Type Hospice Business" which is provision of various services such as support for the physically challenged and the operation of facilities.

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