T Hasegawa Co (T Hasegawa Co) Inventory Turnover : 0.57 (As of Mar. 2024)

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What is T Hasegawa 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. T Hasegawa Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $66.1 Mil. T Hasegawa Co's Average Total Inventories for the quarter that ended in Mar. 2024 was $116.9 Mil. T Hasegawa Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. T Hasegawa Co's Days Inventory for the three months ended in Mar. 2024 was 161.43.

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. T Hasegawa Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.03.

T Hasegawa Co Inventory Turnover Historical Data

The historical data trend for T Hasegawa 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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T Hasegawa Co Inventory Turnover Chart

T Hasegawa Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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2.20

2.15

2.29

2.09

2.29

T Hasegawa Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.57	0.56	0.59	0.58	0.57

T Hasegawa Co Inventory Turnover Calculation

T Hasegawa Co's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	265.041	/ (	(117.536	+	113.964)	/	2 )
=	265.041	/	115.75
=	2.29

T Hasegawa Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	66.054	/ (	(118.133	+	115.573)	/	2 )
=	66.054	/	116.853
=	0.57

T Hasegawa Co (OTCPK:HASGF) 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.

T Hasegawa 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
	=	116.853	/	66.054	*	365 / 4
	=	161.43

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.

T Hasegawa Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	116.853	/	113.738
	=	1.03

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.

T Hasegawa Co Inventory Turnover Related Terms

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T Hasegawa Co (T Hasegawa Co) Business Description

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Traded in Other Exchanges

4958:Japan

Address

4-4-14, Nihonbashi-honcho, Chuo-ku, Tokyo, JPN, 103-8431

Website

https://www.t-hasegawa.co.jp

T Hasegawa Co Ltd manufactures and sells flavors and fragrances in two segments based on product type. The flavors segment, which generates the majority of revenue, sells flavors used in beverages, desserts, confectioneries, chewing gum, dental cleaning products, and animal feed. The fragrances segment sells fragrances used in perfumes, skin-care and hair-care products, bath additives, detergents, fabric softeners, and air fresheners. The majority of revenue comes from Japan.

T Hasegawa Co (T Hasegawa Co) Headlines

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