Two stone & Sons (TSE:7352) Inventory Turnover : 73.29 (As of Feb. 2024)

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What is Two stone & Sons 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. Two stone & Sons's Cost of Goods Sold for the three months ended in Feb. 2024 was 円2,392 Mil. Two stone & Sons's Average Total Inventories for the quarter that ended in Feb. 2024 was 円33 Mil. Two stone & Sons's Inventory Turnover for the quarter that ended in Feb. 2024 was 73.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Two stone & Sons's Days Inventory for the three months ended in Feb. 2024 was 1.24.

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. Two stone & Sons's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.01.

Two stone & Sons Inventory Turnover Historical Data

The historical data trend for Two stone & Sons'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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Two stone & Sons Inventory Turnover Chart

Two stone & Sons Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Inventory Turnover

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1,452.46

6,003.45

9,694.43

Two stone & Sons Quarterly Data
	Aug18	Aug19	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														-	38.44	45.16	53.40	73.29

Two stone & Sons Inventory Turnover Calculation

Two stone & Sons's Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Inventory Turnover (A: Aug. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2023 )	/ (	(Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )
=	7342.441	/ (	(0	+	0)	/	1 )
=	7342.441	/	0
=	N/A

Two stone & Sons'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 )
=	2391.65	/ (	(43.697	+	21.564)	/	2 )
=	2391.65	/	32.6305
=	73.29

Two stone & Sons (TSE:7352) 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.

Two stone & Sons'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
	=	32.6305	/	2391.65	*	365 / 4
	=	1.24

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.

Two stone & Sons'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 )
	=	32.6305	/	3271.332
	=	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.

Two stone & Sons Inventory Turnover Related Terms

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Two stone & Sons (TSE:7352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Two stone & Sons Inc (TSE:7352) » Definitions » Inventory Turnover

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Address

2-22-3 Shibuya, Shibuya East Exit Building 6F, Shibuya-ku, Tokyo, JPN, 150-0002

Website

https://twostone-s.com

Two Stone & Sons Inc is an engineering company providing engineering resources to companies, media businesses, and programming school businesses. The company develops services such as in-house media management and client solutions such as contract development.

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