GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Takasago Thermal Engineering Co Ltd (TSE:1969) » Definitions » Inventory-to-Revenue

Takasago Thermal Engineering Co (TSE:1969) Inventory-to-Revenue : 0.04 (As of Mar. 2024)


View and export this data going back to 1969. Start your Free Trial

What is Takasago Thermal Engineering 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. Takasago Thermal Engineering Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円4,208 Mil. Takasago Thermal Engineering Co's Revenue for the three months ended in Mar. 2024 was 円99,634 Mil. Takasago Thermal Engineering Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.04.

Takasago Thermal Engineering Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.04) to Dec. 2023 (0.04)

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. Takasago Thermal Engineering Co's Days Inventory for the three months ended in Mar. 2024 was 4.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Takasago Thermal Engineering Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 19.59.


Takasago Thermal Engineering Co Inventory-to-Revenue Historical Data

The historical data trend for Takasago Thermal Engineering 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.

Takasago Thermal Engineering Co Inventory-to-Revenue Chart

Takasago Thermal Engineering 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 0.01 0.02 0.01 0.01 0.01

Takasago Thermal Engineering 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 0.04 0.05 0.05 0.04 0.04

Competitive Comparison of Takasago Thermal Engineering Co's Inventory-to-Revenue

For the Building Products & Equipment subindustry, Takasago Thermal Engineering 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.


Takasago Thermal Engineering Co's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Takasago Thermal Engineering Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Takasago Thermal Engineering Co's Inventory-to-Revenue falls into.



Takasago Thermal Engineering 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.

Takasago Thermal Engineering 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 )
=( (3330 + 4057) / 2 ) / 363366
=3693.5 / 363366
=0.01

Takasago Thermal Engineering Co'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (4359 + 4057) / 2 ) / 99634
=4208 / 99634
=0.04

* 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.


Takasago Thermal Engineering Co  (TSE:1969) 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.

Takasago Thermal Engineering Co's Days Inventory for the three 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
=4208/82446*365 / 4
=4.66

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

Takasago Thermal Engineering Co'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 )
=82446 / 4208
=19.59

* 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.


Takasago Thermal Engineering Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Takasago Thermal Engineering Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Takasago Thermal Engineering Co (TSE:1969) Business Description

Traded in Other Exchanges
N/A
Address
6-27-30, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Takasago Thermal Engineering is a Japan-based company that designs, constructs, manufactures, and installs heating, ventilation, and air conditioning, or HVAC, systems, clean room and related systems, plumbing and sanitation systems, cogeneration systems, electrical systems, instrumentation systems, equipment diagnosis/failure diagnosis systems, dehumidifying/drying systems, vacuum conveying systems for waste, discharged-heat recovery systems, heating/cooling systems, refrigerating/freezing systems, other types of environmental control systems and thermal engineering systems, and so on. In addition, the company is engaged in coordinating construction work, security, and cleaning, with further focuses on energy supply, power generation, and water treatment.

Takasago Thermal Engineering Co (TSE:1969) Headlines

No Headlines