Leo Palace21 (TSE:8848) Total Inventories : 円349 Mil (As of Dec. 2023)

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What is Leo Palace21 Total Inventories?

Leo Palace21's total inventories for the quarter that ended in Dec. 2023 was 円349 Mil. Leo Palace21's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was 円344 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Leo Palace21's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-208.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Leo Palace21's Days Inventory for the three months ended in Dec. 2023 was 0.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Leo Palace21's Inventory Turnover for the quarter that ended in Dec. 2023 was 255.10.

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. Leo Palace21's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Leo Palace21 Total Inventories Historical Data

The historical data trend for Leo Palace21'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.

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Leo Palace21 Total Inventories Chart

Leo Palace21 Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

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5,250.00

1,264.00

1,311.00

1,207.00

844.00

Leo Palace21 Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															1,207.00	403.00	338.00	349.00	844.00

Leo Palace21 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.

Leo Palace21 (TSE:8848) 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.

Leo Palace21'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)
=	(60359	+	0.75 * 7359	+	0.5 * 349	-	124865
-	0	-	7409)	/	317.695
=	-208.44

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

Leo Palace21'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
	=	343.5	/	87628	*	365 / 4
	=	0.36

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

Leo Palace21'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 )
	=	87628	/	343.5
	=	255.10

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.

Leo Palace21'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 )
	=	343.5	/	104728
	=	0.00

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.

Leo Palace21 Total Inventories Related Terms

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Leo Palace21 (TSE:8848) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Leo Palace21 Corp (TSE:8848) » Definitions » Total Inventories

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MQI:Germany

Address

2-54-11 Honcho, Nakano-ku, Tokyo, JPN, 164-8622

Website

http://www.leopalace21.co.jp

Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.

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