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Yokohama Wright Industries Co (TSE:1452) Inventory Turnover : 0.00 (As of Aug. 2023)


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What is Yokohama Wright Industries 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. Yokohama Wright Industries Co's Cost of Goods Sold for the six months ended in Aug. 2023 was 円730 Mil. Yokohama Wright Industries Co's Average Total Inventories for the quarter that ended in Aug. 2023 was 円0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yokohama Wright Industries Co's Days Inventory for the six months ended in Aug. 2023 was 0.00.

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. Yokohama Wright Industries Co's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.00.

Yokohama Wright Industries Co Inventory Turnover Historical Data

The historical data trend for Yokohama Wright Industries 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.

Yokohama Wright Industries Co Inventory Turnover Chart

Yokohama Wright Industries Co Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Inventory Turnover
Get a 7-Day Free Trial 188.45 - - - -

Yokohama Wright Industries Co Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Yokohama Wright Industries Co Inventory Turnover Calculation

Yokohama Wright Industries Co's Inventory Turnover for the fiscal year that ended in Feb. 2023 is calculated as

Inventory Turnover (A: Feb. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2023 ) / ((Total Inventories (A: Feb. 2022 ) + Total Inventories (A: Feb. 2023 )) / count )
=2064.627 / ((0 + 0) / 1 )
=2064.627 / 0
=N/A

Yokohama Wright Industries Co's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover (Q: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2023 ) / ((Total Inventories (Q: Feb. 2023 ) + Total Inventories (Q: Aug. 2023 )) / count )
=730.492 / ((0 + 0) / 1 )
=730.492 / 0
=N/A

* 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.

Yokohama Wright Industries Co  (TSE:1452) 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.

Yokohama Wright Industries Co's Days Inventory for the six months ended in Aug. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Aug. 2023 )/Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=0/730.492*365 / 2
=0.00

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.

Yokohama Wright Industries Co's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=0 / 873.532
=0.00

* 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.

Yokohama Wright Industries Co Inventory Turnover Related Terms

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Yokohama Wright Industries Co (TSE:1452) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yokohama Wright Industries Co Ltd (TSE:1452) » Definitions » Inventory Turnover
Comparable Companies
Traded in Other Exchanges
N/A
Address
870 Imaicho, Hodogaya-ku, Yokohama, Kanagawa Prefecture, Tokyo, JPN, 240-0035
Website
https://www.y-wright.com
YOKOHAMA WRIGHT Industries Co Ltd is engaged in providing engineering and construction services. The company's services include existing pile removal work, demolition and civil engineering set, underground obstacle removal work, mega solar business, among others.

Yokohama Wright Industries Co (TSE:1452) Headlines

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