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Yamazawa Co (TSE:9993) Inventory Turnover : 3.83 (As of Feb. 2024)


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What is Yamazawa 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. Yamazawa Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円18,680 Mil. Yamazawa Co's Average Total Inventories for the quarter that ended in Feb. 2024 was 円4,879 Mil. Yamazawa Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 3.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yamazawa Co's Days Inventory for the three months ended in Feb. 2024 was 23.83.

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. Yamazawa Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.19.


Yamazawa Co Inventory Turnover Historical Data

The historical data trend for Yamazawa 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.

Yamazawa Co Inventory Turnover Chart

Yamazawa Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.52 19.62 19.97 17.51 16.81

Yamazawa 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.98 4.11 4.22 3.79 3.83

Yamazawa Co Inventory Turnover Calculation

Yamazawa 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 )
=73751 / ((4271 + 4502) / 2 )
=73751 / 4386.5
=16.81

Yamazawa 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 )
=18680 / ((5256 + 4502) / 2 )
=18680 / 4879
=3.83

* 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.


Yamazawa Co  (TSE:9993) 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.

Yamazawa 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
=4879/18680*365 / 4
=23.83

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.

Yamazawa 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 )
=4879 / 25969
=0.19

* 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.


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.


Yamazawa Co Inventory Turnover Related Terms

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Yamazawa Co (TSE:9993) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 No. 9 Third Street town Akoya, Yamagata, JPN, 990-8585
Yamazawa Co Ltd is a Japan-based retail company. It is engaged in the sales of dairy foods, sundry goods, and clothes through its stores. The company is also engaged in the retail of pharmaceutical products and cosmetic products. Its stores are located throughout Japan.

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