Ryohin Keikaku Co (TSE:7453) Inventory Turnover : 0.59 (As of Feb. 2024)

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What is Ryohin Keikaku 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. Ryohin Keikaku Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円79,224 Mil. Ryohin Keikaku Co's Average Total Inventories for the quarter that ended in Feb. 2024 was 円133,562 Mil. Ryohin Keikaku Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ryohin Keikaku Co's Days Inventory for the three months ended in Feb. 2024 was 153.84.

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. Ryohin Keikaku Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.85.

Ryohin Keikaku Co Inventory Turnover Historical Data

The historical data trend for Ryohin Keikaku 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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Ryohin Keikaku Co Inventory Turnover Chart

Ryohin Keikaku Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Aug21

Aug22

Aug23

Inventory Turnover

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2.44

2.28

2.18

2.22

2.36

Ryohin Keikaku Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															0.59	0.61	0.57	0.62	0.59

Ryohin Keikaku Co Inventory Turnover Calculation

Ryohin Keikaku Co's Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Inventory Turnover (A: Aug. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2023 )	/ (	(Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )
=	309863	/ (	(129558	+	133296)	/	2 )
=	309863	/	131427
=	2.36

Ryohin Keikaku Co's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	79224	/ (	(130176	+	136947)	/	2 )
=	79224	/	133561.5
=	0.59

Ryohin Keikaku Co (TSE:7453) 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.

Ryohin Keikaku Co's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	133561.5	/	79224	*	365 / 4
	=	153.84

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.

Ryohin Keikaku Co's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	133561.5	/	156926
	=	0.85

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.

Ryohin Keikaku Co Inventory Turnover Related Terms

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Ryohin Keikaku Co (TSE:7453) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ryohin Keikaku Co Ltd (TSE:7453) » Definitions » Inventory Turnover

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Traded in Other Exchanges

RYKKY:USA 3RK:Germany

Address

4-26-3 Higashi-Ikebukuro, Toshima-ku, Tokyo, JPN, 170-8424

Website

http://ryohin-keikaku.jp

Ryohin Keikaku Co., Ltd. otherwise known as Muji, is a Japanese retailer offering household and consumer goods. The company has a no-logo, no-brand policy. Its lower price strategy is based around the selection of materials, efficient manufacturing processes, and simplified packaging. The product portfolio ranges from stationery to clothing for men and women, food items, and major kitchen appliances. Its business includes also Muji Cafe & Meal, Muji Campsite, Muji House, and Idee. The Muji Cafe & Meal division operates Cafe Muji, offering cuisine, desserts, and beverages. Muji Campsite operates campsites and the surrounding forest areas. Muji House provides flexible framework for home interiors, such as The House of Woods and The House of Windows.

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