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Pinstripes Holdings�Inc (Pinstripes Holdings�Inc) Days Inventory : 3.50 (As of Oct. 2023)


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What is Pinstripes Holdings�Inc Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pinstripes Holdings�Inc's Average Total Inventories for the six months ended in Oct. 2023 was $0.82 Mil. Pinstripes Holdings�Inc's Cost of Goods Sold for the six months ended in Oct. 2023 was $42.50 Mil. Hence, Pinstripes Holdings�Inc's Days Inventory for the six months ended in Oct. 2023 was 3.50.

The historical rank and industry rank for Pinstripes Holdings�Inc's Days Inventory or its related term are showing as below:

PNST' s Days Inventory Range Over the Past 10 Years
Min: 2.85   Med: 3.33   Max: 7.01
Current: 7.01

During the past 3 years, Pinstripes Holdings�Inc's highest Days Inventory was 7.01. The lowest was 2.85. And the median was 3.33.

PNST's Days Inventory is ranked better than
78.04% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs PNST: 7.01

Pinstripes Holdings�Inc's Days Inventory increased from Apr. 2022 (0.00) to Oct. 2023 (3.50). It might indicate that Pinstripes Holdings�Inc's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pinstripes Holdings�Inc's Inventory Turnover for the six months ended in Oct. 2023 was 52.08.

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. Pinstripes Holdings�Inc's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.02.

Pinstripes Holdings�Inc Days Inventory Historical Data

The historical data trend for Pinstripes Holdings�Inc'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.

Pinstripes Holdings�Inc Days Inventory Chart

Pinstripes Holdings�Inc Annual Data
Trend Apr21 Apr22 Apr23
Days Inventory
- 3.81 2.85

Pinstripes Holdings�Inc Semi-Annual Data
Apr21 Apr22 Apr23 Oct23
Days Inventory - - - 3.50

Competitive Comparison of Pinstripes Holdings�Inc's Days Inventory

For the Restaurants subindustry, Pinstripes Holdings�Inc'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.

Pinstripes Holdings�Inc's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Pinstripes Holdings�Inc's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pinstripes Holdings�Inc's Days Inventory falls into.


Pinstripes Holdings�Inc Days Inventory Calculation

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

Pinstripes Holdings�Inc's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (0.703 + 0.802) / 2 ) / 96.413*365
=0.7525 / 96.413*365
=2.85

Pinstripes Holdings�Inc's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (0.802 + 0.83) / 2 ) / 42.495*365 / 2
=0.816 / 42.495*365 / 2
=3.50

* 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.

Pinstripes Holdings�Inc  (NYSE:PNST) 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.

Pinstripes Holdings�Inc's Inventory Turnover for the six months ended in Oct. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=42.495 / 0.816
=52.08

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.

Pinstripes Holdings�Inc's Inventory to Revenue for the six months ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.816 / 50.364
=0.02

* 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

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.

Pinstripes Holdings�Inc Days Inventory Related Terms

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Pinstripes Holdings�Inc (Pinstripes Holdings�Inc) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Pinstripes Holdings�Inc (NYSE:PNST) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
1150 Willow Road, Northbrook, IL, USA, 60062
Website
https://www.pinstripes.com
Pinstripes Holdings Inc is an experiential dining and entertainment concept combining exceptional Italian-American cuisine with bowling, bocce, and private events. It owns and operates about 13 restaurants in the USA. The company designs and constructs large-format locations that are each 26,000 to 38,000 square feet of interior space, plus additional outdoor patio space that includes outdoor dining, bocce courts, fire-pits and decorative fountains.