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McDonald's Holdings Co (Japan) (TSE:2702) Days Inventory : 1.59 (As of Dec. 2023)


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What is McDonald's Holdings Co (Japan) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). McDonald's Holdings Co (Japan)'s Average Total Inventories for the three months ended in Dec. 2023 was 円1,437 Mil. McDonald's Holdings Co (Japan)'s Cost of Goods Sold for the three months ended in Dec. 2023 was 円82,250 Mil. Hence, McDonald's Holdings Co (Japan)'s Days Inventory for the three months ended in Dec. 2023 was 1.59.

The historical rank and industry rank for McDonald's Holdings Co (Japan)'s Days Inventory or its related term are showing as below:

TSE:2702' s Days Inventory Range Over the Past 10 Years
Min: 1.61   Med: 1.81   Max: 2
Current: 1.61

During the past 13 years, McDonald's Holdings Co (Japan)'s highest Days Inventory was 2.00. The lowest was 1.61. And the median was 1.81.

TSE:2702's Days Inventory is ranked better than
97.92% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs TSE:2702: 1.61

McDonald's Holdings Co (Japan)'s Days Inventory increased from Dec. 2022 (1.57) to Dec. 2023 (1.59). It might indicate that McDonald's Holdings Co (Japan)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. McDonald's Holdings Co (Japan)'s Inventory Turnover for the three months ended in Dec. 2023 was 57.24.

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. McDonald's Holdings Co (Japan)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.


McDonald's Holdings Co (Japan) Days Inventory Historical Data

The historical data trend for McDonald's Holdings Co (Japan)'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.

McDonald's Holdings Co (Japan) Days Inventory Chart

McDonald's Holdings Co (Japan) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 1.82 1.71 1.69 1.77

McDonald's Holdings Co (Japan) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.57 1.58 1.58 1.54 1.59

Competitive Comparison of McDonald's Holdings Co (Japan)'s Days Inventory

For the Restaurants subindustry, McDonald's Holdings Co (Japan)'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.


McDonald's Holdings Co (Japan)'s Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, McDonald's Holdings Co (Japan)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where McDonald's Holdings Co (Japan)'s Days Inventory falls into.



McDonald's Holdings Co (Japan) Days Inventory Calculation

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

McDonald's Holdings Co (Japan)'s Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1428 + 1581) / 2 ) / 309698*365
=1504.5 / 309698*365
=1.77

McDonald's Holdings Co (Japan)'s Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1293 + 1581) / 2 ) / 82250*365 / 4
=1437 / 82250*365 / 4
=1.59

* 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.


McDonald's Holdings Co (Japan)  (TSE:2702) 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.

McDonald's Holdings Co (Japan)'s Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

McDonald's Holdings Co (Japan)'s Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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.


McDonald's Holdings Co (Japan) Days Inventory Related Terms

Thank you for viewing the detailed overview of McDonald's Holdings Co (Japan)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


McDonald's Holdings Co (Japan) (TSE:2702) Business Description

Traded in Other Exchanges
Address
6-5-1 Nishi-Shinjuku, Shinjuku i-Land Tower, Shinjuku-ku, Tokyo, JPN, 163-1339
McDonald's Holdings Co (Japan) Ltd has a license to operate McDonald's fast-food restaurants in Japan. The company owns and operates more than 1,000 restaurants and franchises more than 2,000 restaurants. Roughly three-quarters of McDonald's Holdings Japan's revenue is from sales at the fast-food restaurants that it owns and operates. Most remaining revenue consists of royalties from its franchisees. McDonald's Holdings Japan pays royalties to McDonald's based on sales at its owned and franchised restaurants.

McDonald's Holdings Co (Japan) (TSE:2702) Headlines

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