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Kankyou No Mikata (TSE:9224) Inventory-to-Revenue : 0.02 (As of Mar. 2024)


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What is Kankyou No Mikata Inventory-to-Revenue?

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. Kankyou No Mikata's Average Total Inventories for the quarter that ended in Mar. 2024 was 円23 Mil. Kankyou No Mikata's Revenue for the six months ended in Mar. 2024 was 円1,143 Mil. Kankyou No Mikata's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Kankyou No Mikata's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Sep. 2023 (0.02) to Sep. 2023 (0.02)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kankyou No Mikata's Days Inventory for the six months ended in Mar. 2024 was 5.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kankyou No Mikata's Inventory Turnover for the quarter that ended in Mar. 2024 was 34.03.


Kankyou No Mikata Inventory-to-Revenue Historical Data

The historical data trend for Kankyou No Mikata's Inventory-to-Revenue 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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Kankyou No Mikata Inventory-to-Revenue Chart

Kankyou No Mikata Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Inventory-to-Revenue
0.01 0.01 0.01 0.01

Kankyou No Mikata Semi-Annual Data
Sep20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial 0.02 0.02 0.03 0.02 0.02

Competitive Comparison of Kankyou No Mikata's Inventory-to-Revenue

For the Waste Management subindustry, Kankyou No Mikata's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kankyou No Mikata's Inventory-to-Revenue Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Kankyou No Mikata's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Kankyou No Mikata's Inventory-to-Revenue falls into.



Kankyou No Mikata Inventory-to-Revenue Calculation

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.

Kankyou No Mikata's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (A: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )
=( (23.537 + 21.695) / 2 ) / 1852.973
=22.616 / 1852.973
=0.01

Kankyou No Mikata's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (21.695 + 23.527) / 2 ) / 1143.125
=22.611 / 1143.125
=0.02

* 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.


Kankyou No Mikata  (TSE:9224) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Kankyou No Mikata's Days Inventory for the six 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
=22.611/769.366*365 / 2
=5.36

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Kankyou No Mikata's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=769.366 / 22.611
=34.03

* 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.


Kankyou No Mikata Inventory-to-Revenue Related Terms

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Kankyou No Mikata (TSE:9224) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1019 Kamishinden, Shizuoka Prefecture, Yaizu, JPN, 421-0206
Kankyou No Mikata Inc is a is a general waste collection and transportation business. The company collect garbage in Yaizu City, Fujieda City, Shimada City, Yoshida Town, Makinohara City, Omaezaki City, and Kawanehon Town in Shizuoka Prefecture. It operations includes regular collection of business waste to collection of oversized waste and waste generated by moving and cleaning up.

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