Okamura (TSE:7994) Inventory Turnover : 2.52 (As of Mar. 2024)

View and export this data going back to 1961. Start your Free Trial

What is Okamura 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. Okamura's Cost of Goods Sold for the three months ended in Mar. 2024 was 円56,556 Mil. Okamura's Average Total Inventories for the quarter that ended in Mar. 2024 was 円22,446 Mil. Okamura's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Okamura's Days Inventory for the three months ended in Mar. 2024 was 36.21.

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. Okamura's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.25.

Okamura Inventory Turnover Historical Data

The historical data trend for Okamura'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.

Okamura Inventory Turnover Chart

Okamura Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

9.20

9.98

10.02

8.99

9.34

Okamura 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															2.29	2.21	2.09	2.12	2.52

Okamura Inventory Turnover Calculation

Okamura'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 )
=	198523	/ (	(21164	+	21347)	/	2 )
=	198523	/	21255.5
=	9.34

Okamura'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 )
=	56556	/ (	(23544	+	21347)	/	2 )
=	56556	/	22445.5
=	2.52

Okamura (TSE:7994) 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.

Okamura'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
	=	22445.5	/	56556	*	365 / 4
	=	36.21

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.

Okamura'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 )
	=	22445.5	/	88074
	=	0.25

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.

Okamura Inventory Turnover Related Terms

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

Okamura (TSE:7994) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Okamura Corp (TSE:7994) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bldg 19, No. 1, No. 4 Tenri Kitasaiwai 1-chome, Nishi-ku, Yokohama, JPN, 220-0004

Website

http://www.okamura.co.jp

Okamura Corp is a Japanese manufacturer that operates through three segments. The office furniture segment provides office seating, desks, storage, filing supplies, room furniture, and fixtures. The store displays segment comprises products including display fixtures for food and stores, checkout facilities, and showcases. The material handling systems and others segment consists of automated warehouse, conveyor systems, sorting systems, shelves, and equipment for plants and warehouses. Combined, the office furniture and store displays segments contribute the majority of group sales. Okamura's products are manufactured both in Japan and overseas and are delivered across the world by its distribution network.

Okamura (TSE:7994) Headlines

No Headlines