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Sanwa Holdings (TSE:5929) Inventory Turnover : 1.13 (As of Dec. 2023)


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What is Sanwa 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. Sanwa Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円102,794 Mil. Sanwa Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was 円91,271 Mil. Sanwa Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sanwa Holdings's Days Inventory for the three months ended in Dec. 2023 was 81.02.

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. Sanwa Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.61.


Sanwa Holdings Inventory Turnover Historical Data

The historical data trend for Sanwa 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.

* Premium members only.

Sanwa Holdings Inventory Turnover Chart

Sanwa Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.25 4.89 5.31 5.67 5.14

Sanwa Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.33 1.10 1.17 1.13 1.34

Sanwa Holdings Inventory Turnover Calculation

Sanwa Holdings'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 )
=414000 / ((80422 + 80690) / 2 )
=414000 / 80556
=5.14

Sanwa Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=102794 / ((88737 + 93804) / 2 )
=102794 / 91270.5
=1.13

* 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.


Sanwa Holdings  (TSE:5929) 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.

Sanwa Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=91270.5/102794*365 / 4
=81.02

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.

Sanwa Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=91270.5 / 149815
=0.61

* 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.


Sanwa Holdings Inventory Turnover Related Terms

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Sanwa Holdings (TSE:5929) Business Description

Traded in Other Exchanges
Address
Nishi-Shinjuku 2-1-1, Shinjuku Mitsui Building, 52nd Floor, Shinjuku-ku, Tokyo, JPN, 163-0478
Sanwa Holdings Corp produces doors for residential and non-residential buildings through its subsidiaries. It offers condominium doors, window shutters, exterior products, garage doors, operators, and hinge doors for residential buildings; and heavy-duty shutters, steel doors, partitions, stainless steel products, overhead doors, automatic doors, truck/trailer doors, and industrial doors for non-residential buildings. The company operates in Japan, North America, and Europe.

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