Sanken Electric Co (STU:XSK) Inventory Turnover : 0.52 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Sanken Electric 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. Sanken Electric Co's Cost of Goods Sold for the three months ended in Dec. 2023 was €236 Mil. Sanken Electric Co's Average Total Inventories for the quarter that ended in Dec. 2023 was €453 Mil. Sanken Electric Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sanken Electric Co's Days Inventory for the three months ended in Dec. 2023 was 175.17.

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. Sanken Electric Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.22.

Sanken Electric Co Inventory Turnover Historical Data

The historical data trend for Sanken Electric 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.

* Premium members only.

Sanken Electric Co Inventory Turnover Chart

Sanken Electric Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

3.01

2.74

2.88

2.69

2.17

Sanken Electric 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															0.66	0.55	0.51	0.52	0.54

Sanken Electric Co Inventory Turnover Calculation

Sanken Electric Co'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 )
=	910.896	/ (	(414.186	+	427.053)	/	2 )
=	910.896	/	420.6195
=	2.17

Sanken Electric Co'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 )
=	235.884	/ (	(451.689	+	453.941)	/	2 )
=	235.884	/	452.815
=	0.52

Sanken Electric Co (STU:XSK) 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.

Sanken Electric Co'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
	=	452.815	/	235.884	*	365 / 4
	=	175.17

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.

Sanken Electric Co'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 )
	=	452.815	/	371.165
	=	1.22

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.

Sanken Electric Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Sanken Electric Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Sanken Electric Co (STU:XSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sanken Electric Co Ltd (STU:XSK) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SANJF:USA 6707:Japan

Address

3-6-3, Kitano, Saitama-ken, Niiza-shi, JPN, 352-8666

Website

https://www.sanken-ele.co.jp

Sanken Electric Co Ltd manufactures, sells, and purchases electric equipment and apparatuses. Its product lineup includes semiconductors, power line filters, inverters, DC power supplies, and other items. Products are offered to the automotive, power supply, LED, and other markets for purposes such as meeting global energy conservation regulations. Semiconductors are the company's leading sales generator and find use in automobiles, home appliances, and industrial automation. In addition to having its equipment manufactured domestically (Japan), and in regions such as North America, the company has stationed sales offices in each region to work with clients and meet specific needs.

Sanken Electric Co (STU:XSK) Headlines

No Headlines