Kusuri No Aoki Holdings (TSE:3549) Inventory Turnover : 1.76 (As of Feb. 2024)

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What is Kusuri No Aoki 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. Kusuri No Aoki Holdings's Cost of Goods Sold for the three months ended in Feb. 2024 was 円81,031 Mil. Kusuri No Aoki Holdings's Average Total Inventories for the quarter that ended in Feb. 2024 was 円46,036 Mil. Kusuri No Aoki Holdings's Inventory Turnover for the quarter that ended in Feb. 2024 was 1.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kusuri No Aoki Holdings's Days Inventory for the three months ended in Feb. 2024 was 51.84.

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. Kusuri No Aoki Holdings's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.41.

Kusuri No Aoki Holdings Inventory Turnover Historical Data

The historical data trend for Kusuri No Aoki 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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Kusuri No Aoki Holdings Inventory Turnover Chart

Kusuri No Aoki Holdings Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Inventory Turnover

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6.10

6.14

5.50

5.97

6.41

Kusuri No Aoki Holdings 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															1.65	1.59	1.73	1.74	1.76

Kusuri No Aoki Holdings Inventory Turnover Calculation

Kusuri No Aoki Holdings'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 )
=	272767	/ (	(39673	+	45498)	/	2 )
=	272767	/	42585.5
=	6.41

Kusuri No Aoki Holdings'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 )
=	81031	/ (	(46639	+	45432)	/	2 )
=	81031	/	46035.5
=	1.76

Kusuri No Aoki Holdings (TSE:3549) 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.

Kusuri No Aoki Holdings'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
	=	46035.5	/	81031	*	365 / 4
	=	51.84

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.

Kusuri No Aoki Holdings'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 )
	=	46035.5	/	111088
	=	0.41

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.

Kusuri No Aoki Holdings Inventory Turnover Related Terms

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Kusuri No Aoki Holdings (TSE:3549) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kusuri No Aoki Holdings (TSE:3549) » Definitions » Inventory Turnover

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Address

1st Yokoe-cho 4 Block, Ishikawa Prefecture, Hakusan, JPN, 924-8510

Website

http://www.kusuri-aoki.co.jp

Kusuri No Aoki Holdings is a pharmaceutical retail chain that sells health, beauty, and cleaning supplies. The company operates stores that focus primarily on residential areas in Japan. Kusuri's business includes pharmaceutical drugs, and the company also operates a bone-marrow bank. The company breaks out its sales into four different product lines, including health, beauty, life, and dispensing. The vast majority of the company's revenue is derived from its life product category, followed by beauty products. Most of Kusuri's revenue is derived from the Hokuriku region.

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