Tama Home Co (TSE:1419) Inventory Turnover : 0.58 (As of Feb. 2024)

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What is Tama Home 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. Tama Home Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円30,357 Mil. Tama Home Co's Average Total Inventories for the quarter that ended in Feb. 2024 was 円52,202 Mil. Tama Home Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tama Home Co's Days Inventory for the three months ended in Feb. 2024 was 156.91.

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. Tama Home Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 1.31.

Tama Home Co Inventory Turnover Historical Data

The historical data trend for Tama Home 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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Tama Home Co Inventory Turnover Chart

Tama Home Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Inventory Turnover

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5.41

5.02

4.94

5.10

4.51

Tama Home Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															0.78	1.29	0.89	0.95	0.58

Tama Home Co Inventory Turnover Calculation

Tama Home Co's Inventory Turnover for the fiscal year that ended in May. 2023 is calculated as

	Inventory Turnover (A: May. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2023 )	/ (	(Total Inventories (A: May. 2022 )	+	Total Inventories (A: May. 2023 ))	/	count )
=	194428	/ (	(40585	+	45700)	/	2 )
=	194428	/	43142.5
=	4.51

Tama Home Co's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	30357	/ (	(47816	+	56588)	/	2 )
=	30357	/	52202
=	0.58

Tama Home Co (TSE:1419) 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.

Tama Home Co's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	52202	/	30357	*	365 / 4
	=	156.91

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.

Tama Home Co's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	52202	/	39751
	=	1.31

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.

Tama Home Co Inventory Turnover Related Terms

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Tama Home Co (TSE:1419) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Tama Home Co Ltd (TSE:1419) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

3-22-9 Takanawa, Minato-ku, Tokyo, JPN, 108-0074

Website

http://www.tamahome.jp

Tama Home Co Ltd is engaged in construction, architectural design, real estate, and insurance agency. It operates through the segments namely Housing Segment, Real Estate Segment, Financial Segment and Other Business Segment. It is involved in construction contractor for custom-built homes, multi-unit homes, the sale of residential lots, development and sale of condominiums and subleasing of office buildings. In addition, it also includes insurance agency services for fire, earthquake, additional policies and agency services, the sale of home furniture and interior construction work, construction contractor for retail facilities and others. It is also involved in the energy and restaurant business. The company generates the majority of its revenue from the Housing segment.

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