France Bed Holdings Co (TSE:7840) Inventory Turnover : 0.75 (As of Dec. 2023)

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What is France Bed Holdings 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. France Bed Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円6,596 Mil. France Bed Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円8,838 Mil. France Bed Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. France Bed Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 122.27.

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

France Bed Holdings Co Inventory Turnover Historical Data

The historical data trend for France Bed Holdings 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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France Bed Holdings Co Inventory Turnover Chart

France Bed Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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3.47

3.34

3.17

3.14

3.26

France Bed Holdings Co 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															0.75	0.88	0.73	0.75	0.75

France Bed Holdings Co Inventory Turnover Calculation

France Bed Holdings Co'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 )
=	27384	/ (	(8401	+	8381)	/	2 )
=	27384	/	8391
=	3.26

France Bed Holdings Co'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 )
=	6596	/ (	(8636	+	9040)	/	2 )
=	6596	/	8838
=	0.75

France Bed Holdings Co (TSE:7840) 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.

France Bed Holdings Co'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
	=	8838	/	6596	*	365 / 4
	=	122.27

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.

France Bed Holdings Co'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 )
	=	8838	/	14519
	=	0.61

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.

France Bed Holdings Co Inventory Turnover Related Terms

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France Bed Holdings Co (TSE:7840) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » France Bed Holdings Co Ltd (TSE:7840) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Shinjuku Square Tower 6F, Tokyo, JPN

Website

http://www.francebed-hd.co.jp

France Bed Holdings Co Ltd operates a holding company which provides management strategy and audits the business activities of all group companies. It operates through the following divisions: Medical Services Business, Home Furnishing and Health Business, and Others. The Medical Services division manufactures, purchases, leases, retails and wholesales nursing beds and welfare equipment. The Home Furnishing division manufactures, purchases, and wholesales beds, furniture, and bedroom products. The Others division involves the door-to-door selling, sells daily necessities, exhibit hall construction and real estate leasing businesses.

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