Okayamaken Freight Transportation Co (TSE:9063) Change In Inventory : 円0 Mil (TTM As of Dec. 2023)

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What is Okayamaken Freight Transportation Co Change In Inventory?

Okayamaken Freight Transportation Co's change in inventory for the quarter that ended in Dec. 2023 was 円0 Mil. It means Okayamaken Freight Transportation Co's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Okayamaken Freight Transportation Co's change in inventory for the fiscal year that ended in Mar. 2023 was 円10 Mil. It means Okayamaken Freight Transportation Co's inventory declined by 円10 Mil from Mar. 2022 to Mar. 2023 .

Okayamaken Freight Transportation Co's Total Inventories for the quarter that ended in Dec. 2023 was 円151 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Okayamaken Freight Transportation Co's Days Inventory for the quarter that ended in Dec. 2023 was 1.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Okayamaken Freight Transportation Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 61.53.

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. Okayamaken Freight Transportation Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Okayamaken Freight Transportation Co Change In Inventory Historical Data

The historical data trend for Okayamaken Freight Transportation Co's Change In Inventory 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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Okayamaken Freight Transportation Co Change In Inventory Chart

Okayamaken Freight Transportation Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-6.42

40.95

-12.90

-14.45

10.15

Okayamaken Freight Transportation Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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Okayamaken Freight Transportation Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円0 Mil.

Okayamaken Freight Transportation Co (TSE:9063) Change In Inventory Explanation

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

Okayamaken Freight Transportation Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	147.9075	/	9100.806	*	365 / 4
	=	1.48

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9100.806	/	147.9075
	=	61.53

3. 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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	147.9075	/	9926.429
	=	0.01

Okayamaken Freight Transportation Co Change In Inventory Related Terms

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Okayamaken Freight Transportation Co (TSE:9063) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Okayamaken Freight Transportation Co Ltd (TSE:9063) » Definitions » Change In Inventory

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Address

No. 4 No. 31, Kiyoshincho Kita-ku, Okayama, JPN, 700-0027

Website

http://www.okaken.co.jp

Okayamaken Freight Transportation Co Ltd is a cargo trucking company in Japan. The Company also provides door-to-door parcel delivery services. Okayamaken Freight Transportation leases building and sells oil products and automobile parts. Its business lines include Freight car transportation business, Warehousing, Air transport agent agency, Industrial waste collection, and transportation.

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