AEON DELIGHT Co (TSE:9787) Inventory Turnover : 23.66 (As of Feb. 2024)

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What is AEON DELIGHT 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. AEON DELIGHT Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円71,458 Mil. AEON DELIGHT Co's Average Total Inventories for the quarter that ended in Feb. 2024 was 円3,021 Mil. AEON DELIGHT Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 23.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AEON DELIGHT Co's Days Inventory for the three months ended in Feb. 2024 was 3.86.

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. AEON DELIGHT Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.04.

AEON DELIGHT Co Inventory Turnover Historical Data

The historical data trend for AEON DELIGHT 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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AEON DELIGHT Co Inventory Turnover Chart

AEON DELIGHT Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Inventory Turnover

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133.90

137.36

136.35

118.25

108.10

AEON DELIGHT Co Quarterly Data
	May19	Aug19	Nov19	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															27.41	28.46	26.68	23.02	23.66

AEON DELIGHT Co Inventory Turnover Calculation

AEON DELIGHT Co's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Inventory Turnover (A: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2024 )	/ (	(Total Inventories (A: Feb. 2023 )	+	Total Inventories (A: Feb. 2024 ))	/	count )
=	282207	/ (	(2363	+	2858)	/	2 )
=	282207	/	2610.5
=	108.10

AEON DELIGHT Co'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 )
=	71458	/ (	(3183	+	2858)	/	2 )
=	71458	/	3020.5
=	23.66

AEON DELIGHT Co (TSE:9787) 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.

AEON DELIGHT Co'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
	=	3020.5	/	71458	*	365 / 4
	=	3.86

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.

AEON DELIGHT Co'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 )
	=	3020.5	/	82909
	=	0.04

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.

AEON DELIGHT Co Inventory Turnover Related Terms

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AEON DELIGHT Co (TSE:9787) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » AEON DELIGHT Co Ltd (TSE:9787) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Minamisemba Heart Bldg. 2-3-2 Minamisemba, Chuo-ku, Osaka, JPN, 542-0081

Website

http://www.aeondelight.co.jp

AEON DELIGHT Co Ltd is a Japanese provider of facility management services. The company organises operations into seven segments: facilities management, cleaning services, security services, construction work, materials/supply sourcing services, vending machine services, and support services. Each segment contributes approximately equal portions of consolidated revenue. Most revenue is derived domestically. The company operates in Japan, China, Malaysia, and Vietnam.

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