Kisses From Italy (Kisses From Italy) Days Inventory : 126.74 (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Kisses From Italy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kisses From Italy's Average Total Inventories for the three months ended in Sep. 2023 was $0.01 Mil. Kisses From Italy's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.01 Mil. Hence, Kisses From Italy's Days Inventory for the three months ended in Sep. 2023 was 126.74.

The historical rank and industry rank for Kisses From Italy's Days Inventory or its related term are showing as below:

KITL' s Days Inventory Range Over the Past 10 Years
Min: 3.41 Med: 8.85 Max: 33.77
Current: 33.77

During the past 6 years, Kisses From Italy's highest Days Inventory was 33.77. The lowest was 3.41. And the median was 8.85.

KITL's Days Inventory is ranked worse than
74.85% of 338 companies
in the Restaurants industry
Industry Median: 15.59 vs KITL: 33.77

Kisses From Italy's Days Inventory increased from Sep. 2022 (24.01) to Sep. 2023 (126.74). It might indicate that Kisses From Italy's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kisses From Italy's Inventory Turnover for the three months ended in Sep. 2023 was 0.72.

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. Kisses From Italy's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.46.

Kisses From Italy Days Inventory Historical Data

The historical data trend for Kisses From Italy's Days Inventory 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.

Kisses From Italy Days Inventory Chart

Kisses From Italy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

3.41

9.61

8.09

16.28

Kisses From Italy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															24.01	24.15	23.60	44.05	126.74

Competitive Comparison of Kisses From Italy's Days Inventory

For the Restaurants subindustry, Kisses From Italy's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kisses From Italy's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kisses From Italy's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kisses From Italy's Days Inventory falls into.

Kisses From Italy Days Inventory Calculation

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

Kisses From Italy's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.005	+	0.014)	/	2 )	/	0.213	*	365
=	0.0095					/	0.213	*	365
=	16.28

Kisses From Italy's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.012	+	0.013)	/	2 )	/	0.009	*	365 / 4
=	0.0125					/	0.009	*	365 / 4
=	126.74

Kisses From Italy (OTCPK:KITL) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Kisses From Italy's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.009	/	0.0125
	=	0.72

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.

Kisses From Italy's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0125	/	0.027
	=	0.46

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Kisses From Italy Days Inventory Related Terms

Thank you for viewing the detailed overview of Kisses From Italy's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Kisses From Italy (Kisses From Italy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kisses From Italy Inc (OTCPK:KITL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 SW 8th Street, Suite 2000, Miami, FL, USA, 33130

Website

https://www.kissesfromitaly.com

Kisses From Italy Inc in Florida is engaged in developing a fast-casual food dining chain restaurant business. It offers deli paninis including fresh cheese Panini, prosciutto, salami, calicollo, bresaola, and turkey paninis. The company also offers espresso, cappuccino, and other coffee drinks, soft drinks, bottled water, and juices, as well as various flavors of granite. In addition to its company operated restaurants, it is engaged in franchising restaurant concept so that it can build market share and brand awareness.

Executives

Denis Senecal	director	866 DU RIVAGE, SAINT-ANTOINE-SUR-RICHELIEU A8 JOL 1RO
Turi Michele Di	director, officer: CO-CEO/President	3100 BOUL. DES GOUVERNEURS, LAVAL A8 H7E 5J3
Claudio Ferri	director, officer: CO-CEO/CFO	12280 53RD AVENUE, MONTREAL A8 H1E 0A5
Leonardo Fraccalvieri	director, officer: Chief Operating Officer	VIA DEPRETIS 9, SANNICANDRO DI BARI L6 70028