Avic Co (TSE:9554) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Avic 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. Avic Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円208 Mil. Avic Co's Average Total Inventories for the quarter that ended in Mar. 2024 was 円0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avic Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Avic Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Avic Co Inventory Turnover Historical Data

The historical data trend for Avic 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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Avic Co Inventory Turnover Chart

Avic Co Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

Avic Co Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial						83.34	113.28	124.37	-	-

Avic Co Inventory Turnover Calculation

Avic Co's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	689.957	/ (	(0	+	0)	/	1 )
=	689.957	/	0
=	N/A

Avic Co'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 )
=	207.683	/ (	(0	+	0)	/	1 )
=	207.683	/	0
=	N/A

Avic Co (TSE:9554) 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.

Avic Co'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
	=	0	/	207.683	*	365 / 4
	=	0.00

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.

Avic Co'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 )
	=	0	/	511.128
	=	0.00

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.

Avic Co Inventory Turnover Related Terms

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Avic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Avic Co Ltd (TSE:9554) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-32 Akasaka Minato-ku, Ark Mori Building 4th Floor, Tokyo, JPN, 107-6004

Website

https://www.avic.jp

Avic Co Ltd provides digital marketing services.

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