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Linkage Global (Linkage Global) Inventory Turnover : 9.28 (As of Sep. 2023)


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What is Linkage Global 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. Linkage Global's Cost of Goods Sold for the six months ended in Sep. 2023 was $3.79 Mil. Linkage Global's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.41 Mil. Linkage Global's Inventory Turnover for the quarter that ended in Sep. 2023 was 9.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Linkage Global's Days Inventory for the six months ended in Sep. 2023 was 19.66.

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. Linkage Global's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.11.

Linkage Global Inventory Turnover Historical Data

The historical data trend for Linkage Global'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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Linkage Global Inventory Turnover Chart

Linkage Global Annual Data
Trend Sep21 Sep22 Sep23
Inventory Turnover
34.30 51.11 21.32

Linkage Global Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Inventory Turnover - 17.71 34.26 29.77 9.28

Linkage Global Inventory Turnover Calculation

Linkage Global'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 )
=10.872 / ((0.34 + 0.68) / 2 )
=10.872 / 0.51
=21.32

Linkage Global's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=3.787 / ((0.136 + 0.68) / 2 )
=3.787 / 0.408
=9.28

* 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.

Linkage Global  (NAS:LGCB) 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.

Linkage Global's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0.408/3.787*365 / 2
=19.66

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.

Linkage Global's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.408 / 3.702
=0.11

* 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.

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.

Linkage Global Inventory Turnover Related Terms

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Linkage Global (Linkage Global) Business Description

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Address
2-23-3 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
Website
https://www.linkagecc.com
Linkage Global Inc is a cross-border e-commerce integrated service provider. It provides global e-commerce merchants, overseas brands, import and export trading enterprises, etc. with a globally selected supply chain, digital marketing, e-commerce training, global store, ERP and e-commerce software, social e-commerce and other e-commerce integrated services. It is Committed to building a one-stop cross-border integrated service platform to make cross-border trade easier.

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