United Arrows (TSE:7606) Inventory Turnover : 0.79 (As of Mar. 2024)

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What is United Arrows 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. United Arrows's Cost of Goods Sold for the three months ended in Mar. 2024 was 円17,681 Mil. United Arrows's Average Total Inventories for the quarter that ended in Mar. 2024 was 円22,259 Mil. United Arrows's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Arrows's Days Inventory for the three months ended in Mar. 2024 was 114.88.

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. United Arrows's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.64.

United Arrows Inventory Turnover Historical Data

The historical data trend for United Arrows'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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United Arrows Inventory Turnover Chart

United Arrows Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.93

2.79

2.93

3.06

United Arrows 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															0.79	0.71	0.65	0.76	0.79

United Arrows Inventory Turnover Calculation

United Arrows'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 )
=	64807	/ (	(20639	+	21685)	/	2 )
=	64807	/	21162
=	3.06

United Arrows'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 )
=	17681	/ (	(22833	+	21685)	/	2 )
=	17681	/	22259
=	0.79

United Arrows (TSE:7606) 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.

United Arrows'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
	=	22259	/	17681	*	365 / 4
	=	114.88

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.

United Arrows'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 )
	=	22259	/	34565
	=	0.64

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.

United Arrows Inventory Turnover Related Terms

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United Arrows (TSE:7606) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » United Arrows Ltd (TSE:7606) » Definitions » Inventory Turnover

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Address

8-1-19 Akasaka, Minato-ku, Nihonseimei Akasaka Building, Tokyo, JPN, 107-0052

Website

http://www.united-arrows.co.jp

United Arrows Ltd operates retail stores that primarily sell clothing, shoes, and accessories. Almost all the company's stores are located in Japan. United Arrows also has substantial online sales. The company's stores operate under many different brand names and sell both designer and private-label brands, which they procure both in Japan and internationally. United Arrows' biggest brands include United Arrows, Beauty and Youth, Green Label Relaxing, Chrome Hearts, Odette e Odile, Another Edition, and Jewel Changes.

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