OBIC Business Consultants Co (TSE:4733) Inventory Turnover : 15.05 (As of Mar. 2024)

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What is OBIC Business Consultants 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. OBIC Business Consultants Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円2,053 Mil. OBIC Business Consultants Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円136 Mil. OBIC Business Consultants Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 15.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OBIC Business Consultants Co's Days Inventory for the three months ended in Mar. 2024 was 6.06.

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. OBIC Business Consultants Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

OBIC Business Consultants Co Inventory Turnover Historical Data

The historical data trend for OBIC Business Consultants 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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OBIC Business Consultants Co Inventory Turnover Chart

OBIC Business Consultants Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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26.35

23.76

29.31

33.67

52.70

OBIC Business Consultants 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															10.12	9.95	11.85	13.41	15.05

OBIC Business Consultants Co Inventory Turnover Calculation

OBIC Business Consultants 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 )
=	7612.89	/ (	(156.155	+	132.755)	/	2 )
=	7612.89	/	144.455
=	52.70

OBIC Business Consultants 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 )
=	2053.103	/ (	(140.132	+	132.755)	/	2 )
=	2053.103	/	136.4435
=	15.05

OBIC Business Consultants Co (TSE:4733) 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.

OBIC Business Consultants 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
	=	136.4435	/	2053.103	*	365 / 4
	=	6.06

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.

OBIC Business Consultants 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 )
	=	136.4435	/	11521.54
	=	0.01

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.

OBIC Business Consultants Co Inventory Turnover Related Terms

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OBIC Business Consultants Co (TSE:4733) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » OBIC Business Consultants Co Ltd (TSE:4733) » Definitions » Inventory Turnover

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Address

8-1 Nishi-Shinjuku 6-Chome, Shinjuku-Ku, Tokyo, JPN, 1630480

Website

http://www.obc.co.jp

OBIC Business Consultants Co., Ltd. Is engaged in providing services such as maintenance and introduction guidance for development and sales of products of business solution technology, and IT solution technology. The company focuses on medium-sized enterprises and, medium and small-sized companies.

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