Seibu Holdings (Seibu Holdings) Inventory Turnover : 9.23 (As of Dec. 2023)

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What is Seibu Holdings 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. Seibu Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $665 Mil. Seibu Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $72 Mil. Seibu Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seibu Holdings's Days Inventory for the three months ended in Dec. 2023 was 9.88.

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. Seibu Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

Seibu Holdings Inventory Turnover Historical Data

The historical data trend for Seibu Holdings'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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Seibu Holdings Inventory Turnover Chart

Seibu Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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24.04

24.14

29.44

34.03

Seibu Holdings 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															9.47	-	-	9.23	-

Seibu Holdings Inventory Turnover Calculation

Seibu Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	0	/ (	(72.899	+	0)	/	1 )
=	0	/	72.899
=	0.00

Seibu Holdings'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 )
=	664.939	/ (	(70.026	+	74.03)	/	2 )
=	664.939	/	72.028
=	9.23

Seibu Holdings (OTCPK:SEIBF) 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.

Seibu Holdings'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
	=	72.028	/	664.939	*	365 / 4
	=	9.88

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.

Seibu Holdings'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 )
	=	72.028	/	844.511
	=	0.09

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.

Seibu Holdings Inventory Turnover Related Terms

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Seibu Holdings (Seibu Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Seibu Holdings Inc (OTCPK:SEIBF) » Definitions » Inventory Turnover

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9024:Japan

Address

1-16-15 Minamiikebukuro, Toshima-ku, Tokorozawa, JPN, 171-0022

Website

http://www.seibuholdings.co.jp

Seibu Holdings Inc is a holding company based in Japan. The company and its subsidiaries operate in urban transportation and regional, hotel and leisure, real estate, construction, Hawaii business and other businesses segments. The activities of these segments encompass railway and bus operations from Seibu Railway and Seibu bus, operations of resort hotels, golf courses, ski resorts and leisure facilities, leasing business, insurance agency, asset management, construction business, the operation of Hawaii Prince Hotel Waikiki, passenger rail services, bus, and taxi services.