GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Kyoritsu Co Ltd (TSE:7795) » Definitions » Total Inventories

Kyoritsu Co (TSE:7795) Total Inventories : 円1,325 Mil (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Kyoritsu Co Total Inventories?

Kyoritsu Co's total inventories for the quarter that ended in Dec. 2023 was 円1,325 Mil. Kyoritsu Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was 円1,285 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kyoritsu Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-179.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kyoritsu Co's Days Inventory for the three months ended in Dec. 2023 was 12.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kyoritsu Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.40.

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. Kyoritsu Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.


Kyoritsu Co Total Inventories Historical Data

The historical data trend for Kyoritsu Co's Total Inventories 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.

Kyoritsu Co Total Inventories Chart

Kyoritsu Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial - - - - 1,319.57

Kyoritsu Co Quarterly Data
Mar18 Mar19 Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1,681.31 1,319.57 1,179.55 1,245.98 1,324.65

Kyoritsu Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Kyoritsu Co  (TSE:7795) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Kyoritsu Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(13067.099+0.75 * 6496.108+0.5 * 1324.646-26477.933
-0-6.51)/43.8784
=-179.65

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Kyoritsu 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
=1285.315/9515.21*365 / 4
=12.33

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Kyoritsu Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=9515.21 / 1285.315
=7.40

4. 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.

Kyoritsu 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 )
=1285.315 / 10828.536
=0.12

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Kyoritsu Co Total Inventories Related Terms

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


Kyoritsu Co (TSE:7795) Business Description

Traded in Other Exchanges
N/A
Address
36-1, Shimizu-cho, Itabashi-ku, Tokyo, JPN, 174-8860
Kyoritsu Co Ltd is a Business strategy formulation and management of group companies engaged in general printing business, BPO business, digital business, environmental business and others.

Kyoritsu Co (TSE:7795) Headlines

No Headlines