Maeda Kosen Co (TSE:7821) Inventory Turnover : 0.62 (As of Mar. 2024)

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What is Maeda Kosen 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. Maeda Kosen Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円8,507 Mil. Maeda Kosen Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円13,626 Mil. Maeda Kosen Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maeda Kosen Co's Days Inventory for the three months ended in Mar. 2024 was 146.16.

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. Maeda Kosen Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.01.

Maeda Kosen Co Inventory Turnover Historical Data

The historical data trend for Maeda Kosen 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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Maeda Kosen Co Inventory Turnover Chart

Maeda Kosen Co Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Inventory Turnover

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3.26

3.52

3.57

3.45

Maeda Kosen 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															0.61	0.59	0.63	0.68	0.62

Maeda Kosen Co Inventory Turnover Calculation

Maeda Kosen Co's Inventory Turnover for the fiscal year that ended in Sep. 2021 is calculated as

	Inventory Turnover (A: Sep. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2021 )	/ (	(Total Inventories (A: Sep. 2020 )	+	Total Inventories (A: Sep. 2021 ))	/	count )
=	27302	/ (	(7534	+	8290)	/	2 )
=	27302	/	7912
=	3.45

Maeda Kosen Co'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 )
=	8507	/ (	(13503	+	13749)	/	2 )
=	8507	/	13626
=	0.62

Maeda Kosen Co (TSE:7821) 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.

Maeda Kosen Co'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
	=	13626	/	8507	*	365 / 4
	=	146.16

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.

Maeda Kosen Co'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 )
	=	13626	/	13459
	=	1.01

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.

Maeda Kosen Co Inventory Turnover Related Terms

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Maeda Kosen Co (TSE:7821) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Maeda Kosen Co Ltd (TSE:7821) » Definitions » Inventory Turnover

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Address

38-3 Okinunome, Harue-cho, Sakai-shi, Fukui, JPN, 919-0422

Website

http://www.maedakosen.jp

Maeda Kosen Co Ltd is a Japan-based company engaged in the preparation and maintenance of infrastructure by manufacturing and selling civil engineering materials. In addition, the company also manufactures, process and sells industrial materials and nonwoven fabrics to utilize various types of fibers as their raw materials. It is involved in the businesses of Social infrastructure, Human infrastructure, and Industry infrastructure.

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