Medius Holdings Co (TSE:3154) Inventory Turnover : 4.61 (As of Mar. 2024)

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What is Medius Holdings 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. Medius Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円58,199 Mil. Medius Holdings Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円12,635 Mil. Medius Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Medius Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 19.81.

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. Medius Holdings Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.19.

Medius Holdings Co Inventory Turnover Historical Data

The historical data trend for Medius Holdings 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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Medius Holdings Co Inventory Turnover Chart

Medius Holdings Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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24.40

21.75

19.73

19.05

17.94

Medius Holdings 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															4.44	4.23	4.39	4.66	4.61

Medius Holdings Co Inventory Turnover Calculation

Medius Holdings Co's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	209749.052	/ (	(11520.477	+	11857.081)	/	2 )
=	209749.052	/	11688.779
=	17.94

Medius Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	58198.862	/ (	(12912.445	+	12357.973)	/	2 )
=	58198.862	/	12635.209
=	4.61

Medius Holdings Co (TSE:3154) 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.

Medius Holdings Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	12635.209	/	58198.862	*	365 / 4
	=	19.81

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.

Medius Holdings Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	12635.209	/	66403.646
	=	0.19

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.

Medius Holdings Co Inventory Turnover Related Terms

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Medius Holdings Co (TSE:3154) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medius Holdings Co Ltd (TSE:3154) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

1 - 1 Kyobashi 1 - Chome, Chuo-ku, Tokyo, JPN, 104-0031

Website

http://www.medius.co.jp

Medius Holdings Co Ltd is engaged in the healthcare sector. The company's business division includes Medical equipment sales business, Care and welfare business, and Solution business. The Medical equipment sales business offers syringes and gloves to surgical assistance along with repairs and maintenance of medical equipment, and The care and welfare business provides transfer equipment and electric powdered beds.

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