Kokuyo Co (TSE:7984) Inventory Turnover : 1.38 (As of Mar. 2024)

View and export this data going back to 1971. Start your Free Trial

What is Kokuyo 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. Kokuyo Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円56,560 Mil. Kokuyo Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円40,961 Mil. Kokuyo Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kokuyo Co's Days Inventory for the three months ended in Mar. 2024 was 66.08.

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. Kokuyo Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.43.

Kokuyo Co Inventory Turnover Historical Data

The historical data trend for Kokuyo 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.

* Premium members only.

Kokuyo Co Inventory Turnover Chart

Kokuyo Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

6.27

5.91

6.33

5.03

5.05

Kokuyo 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															1.36	1.26	1.21	1.25	1.38

Kokuyo Co Inventory Turnover Calculation

Kokuyo Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	201361	/ (	(40005	+	39717)	/	2 )
=	201361	/	39861
=	5.05

Kokuyo 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 )
=	56560	/ (	(39717	+	42205)	/	2 )
=	56560	/	40961
=	1.38

Kokuyo Co (TSE:7984) 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.

Kokuyo 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
	=	40961	/	56560	*	365 / 4
	=	66.08

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.

Kokuyo 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 )
	=	40961	/	95935
	=	0.43

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.

Kokuyo Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Kokuyo Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Kokuyo Co (TSE:7984) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kokuyo Co Ltd (TSE:7984) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

KOK:Germany

Address

6-1-1 Oimazato-Minami, Higashinari-ku, Osaka, JPN, 537-8686

Website

https://www.kokuyo.co.jp

Kokuyo Co Ltd is engaged in the manufacture, purchase, and sale of stationery, office furniture, and store utensils for retail businesses, as well as space design and consultation. The company operates through segments: stationery, furniture, and mail-order and retail. The stationery business provides stationery in Japan and other regions such as Vietnam, China, and India. The furniture business consists of the production and sale of office furniture, store fixtures, and furniture for public and commercial spaces. The mail-order and retail business provides mail-order services for individuals and retail and wholesale businesses, along with electronic purchasing systems and operation of information sites.

Kokuyo Co (TSE:7984) Headlines

No Headlines