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Central Japan Railway Co (TSE:9022) Inventory-to-Revenue : 0.10 (As of Dec. 2023)


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What is Central Japan Railway Co 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. Central Japan Railway Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円43,820 Mil. Central Japan Railway Co's Revenue for the three months ended in Dec. 2023 was 円455,472 Mil. Central Japan Railway Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Central Japan Railway Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.10) to Sep. 2023 (0.10)

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. Central Japan Railway Co's Days Inventory for the three months ended in Dec. 2023 was 18.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Central Japan Railway Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.96.


Central Japan Railway Co Inventory-to-Revenue Historical Data

The historical data trend for Central Japan Railway Co'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.

* Premium members only.

Central Japan Railway Co Inventory-to-Revenue Chart

Central Japan Railway Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.05 0.04 0.03 0.02

Central Japan Railway Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.10 0.10 0.10 0.10

Competitive Comparison of Central Japan Railway Co's Inventory-to-Revenue

For the Railroads subindustry, Central Japan Railway Co'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.


Central Japan Railway Co's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Central Japan Railway Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Central Japan Railway Co's Inventory-to-Revenue falls into.



Central Japan Railway Co 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.

Central Japan Railway Co's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (A: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )
=( (37337 + 41858) / 2 ) / 1710407
=39597.5 / 1710407
=0.02

Central Japan Railway Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (41978 + 45662) / 2 ) / 455472
=43820 / 455472
=0.10

* 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.


Central Japan Railway Co  (TSE:9022) 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.

Central Japan Railway Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=43820/217559*365 / 4
=18.38

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

Central Japan Railway Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=217559 / 43820
=4.96

* 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.


Central Japan Railway Co Inventory-to-Revenue Related Terms

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Central Japan Railway Co (TSE:9022) Business Description

Traded in Other Exchanges
Address
JR Central Towers, Meieki 1-1-4, Nakamura-ku, Aichi, Nagoya, JPN, 450-6101
Central Japan Railway Company, or JR Central, is the main railway operator in Nagoya and the Chubu region in central Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main asset is the Tokaido Shinkansen, which spans Japan's most wealthy and populous area and links Tokyo, Yokohama, Nagoya, Kyoto, and Osaka. It contributes three-fourths of revenue, with most of the balance from merchandise, conventional train lines, and real estate.

Central Japan Railway Co (TSE:9022) Headlines

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