Geniee (TSE:6562) Inventory Turnover : 1,245.85 (As of Dec. 2023)

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What is Geniee 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. Geniee's Cost of Goods Sold for the three months ended in Dec. 2023 was 円487 Mil. Geniee's Average Total Inventories for the quarter that ended in Dec. 2023 was 円0 Mil. Geniee's Inventory Turnover for the quarter that ended in Dec. 2023 was 1,245.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Geniee's Days Inventory for the three months ended in Dec. 2023 was 0.07.

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. Geniee's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Geniee Inventory Turnover Historical Data

The historical data trend for Geniee'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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Geniee Inventory Turnover Chart

Geniee Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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22,772.25

1,773.96

Geniee Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															291.02	363.23	367.59	512.05	1,245.85

Geniee Inventory Turnover Calculation

Geniee's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	1312.727	/ (	(0.468	+	1.012)	/	2 )
=	1312.727	/	0.74
=	1,773.96

Geniee'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 )
=	487.128	/ (	(0.516	+	0.266)	/	2 )
=	487.128	/	0.391
=	1,245.85

Geniee (TSE:6562) 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.

Geniee'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
	=	0.391	/	487.128	*	365 / 4
	=	0.07

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.

Geniee'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 )
	=	0.391	/	2133.53
	=	0.00

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.

Geniee Inventory Turnover Related Terms

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Geniee (TSE:6562) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Geniee Inc (TSE:6562) » Definitions » Inventory Turnover

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Address

7-20-1 Nishishinjuku, Sumitomofudosan Nishishinjuku Building, 25th Floor, Shinjuku-ku, Tokyo, JPN, 160-0023

Website

http://www.geniee.co.jp

Geniee Inc engages in the Internet advertisement technology business in Japan and internationally. It provides Geniee SSP, a platform that compares various deals, such as pure ads, real time bids from demand side platforms and ad exchanges, and ads from multiple ad networks and affiliate ads, as well as serves ads that enhance the revenue; Geniee Trading Desk, an integrated operation service for display ads; DMP, a data platform that stores and analyzes data from ads, marketing, media, and users; and Data Exchange that enables the delivery of online ads and email ads using membership data and various types of medium audience data. The company also offers its services for agencies and App Developers.

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