Tokyu Reit (TSE:8957) Inventory Turnover : 0.00 (As of Jul. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Tokyu Reit 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. Tokyu Reit's Cost of Goods Sold for the six months ended in Jul. 2023 was 円3,370 Mil. Tokyu Reit's Average Total Inventories for the quarter that ended in Jul. 2023 was 円0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tokyu Reit's Days Inventory for the six months ended in Jul. 2023 was 0.00.

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. Tokyu Reit's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.00.

Tokyu Reit Inventory Turnover Historical Data

The historical data trend for Tokyu Reit'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.

* Premium members only.

Tokyu Reit Inventory Turnover Chart

Tokyu Reit Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

Get a 7-Day Free Trial

Tokyu Reit Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Tokyu Reit Inventory Turnover Calculation

Tokyu Reit's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	6377.841	/ (	(0	+	0)	/	1 )
=	6377.841	/	0
=	N/A

Tokyu Reit's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

	Inventory Turnover (Q: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jul. 2023 )	/ (	(Total Inventories (Q: Jan. 2023 )	+	Total Inventories (Q: Jul. 2023 ))	/	count )
=	3369.725	/ (	(0	+	0)	/	1 )
=	3369.725	/	0
=	N/A

Tokyu Reit (TSE:8957) 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.

Tokyu Reit's Days Inventory for the six months ended in Jul. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jul. 2023 )	/	Cost of Goods Sold (Q: Jul. 2023 )	*	Days in Period
	=	0	/	3369.725	*	365 / 2
	=	0.00

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.

Tokyu Reit's Inventory to Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jul. 2023 )	/	Revenue (Q: Jul. 2023 )
	=	0	/	8924.478
	=	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.

Tokyu Reit Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Tokyu Reit's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Tokyu Reit (TSE:8957) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokyu Reit Inc (TSE:8957) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-1, Dogenzaka, Tokyo, JPN

Website

http://www.tokyu-reit.co.jp

Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards. It also conducts replacement of properties and other measures as needed in order to maintain and improve the portfolio quality, aiming to enhance its asset value and increase net income per unit.

Tokyu Reit (TSE:8957) Headlines

No Headlines