Ibiden Co (TSE:4062) Inventory Turnover : 0.99 (As of Dec. 2023)

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What is Ibiden 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. Ibiden Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円65,882 Mil. Ibiden Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円66,621 Mil. Ibiden Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ibiden Co's Days Inventory for the three months ended in Dec. 2023 was 92.27.

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. Ibiden Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.72.

Ibiden Co Inventory Turnover Historical Data

The historical data trend for Ibiden 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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Ibiden Co Inventory Turnover Chart

Ibiden Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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5.24

4.85

4.65

4.27

3.77

Ibiden Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.78	0.90	1.01	0.97	0.99

Ibiden Co Inventory Turnover Calculation

Ibiden Co's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	290034	/ (	(74566	+	79194)	/	2 )
=	290034	/	76880
=	3.77

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	65882	/ (	(65934	+	67308)	/	2 )
=	65882	/	66621
=	0.99

Ibiden Co (TSE:4062) 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.

Ibiden 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
	=	66621	/	65882	*	365 / 4
	=	92.27

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.

Ibiden Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	66621	/	92527
	=	0.72

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.

Ibiden Co Inventory Turnover Related Terms

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Ibiden Co (TSE:4062) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ibiden Co Ltd (TSE:4062) » Definitions » Inventory Turnover

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IBIDY:USA IBI:Germany

Address

2-1 Kanda-cho, Ogaki, Gifu, JPN, 503-8604

Website

https://www.ibiden.com

Ibiden Company Limited is a provider of electronic and ceramic products. The company operates through three segments: ceramic, electron and other. The ceramic segment, which contributes the largest portion of revenue, provides environment-related ceramics products, graphite and specialty products, ceramic fibre, and fine ceramics products. Electron, the next- largest segment, offers package substrates in computers, information technology infrastructure, mobile device wiring boards, mobile devices and home appliances. The other segment includes the processing of agriculture, livestock and fisheries, the sale of oil products and synthetic resin production. The company is headquartered in Japan and generates the majority of revenue in Asia.

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