Kairikiya Co (TSE:5891) Days Inventory : 3.92 (As of Dec. 2023)

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What is Kairikiya Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kairikiya Co's Average Total Inventories for the six months ended in Dec. 2023 was 円33 Mil. Kairikiya Co's Cost of Goods Sold for the six months ended in Dec. 2023 was 円3,078 Mil. Hence, Kairikiya Co's Days Inventory for the six months ended in Dec. 2023 was 1.96.

The historical rank and industry rank for Kairikiya Co's Days Inventory or its related term are showing as below:

TSE:5891' s Days Inventory Range Over the Past 10 Years
Min: 3.92 Med: 4.02 Max: 4.69
Current: 3.92

During the past 3 years, Kairikiya Co's highest Days Inventory was 4.69. The lowest was 3.92. And the median was 4.02.

TSE:5891's Days Inventory is ranked better than
90.21% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs TSE:5891: 3.92

Kairikiya Co's Days Inventory declined from Dec. 2021 (4.69) to Dec. 2023 (3.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kairikiya Co's Inventory Turnover for the six months ended in Dec. 2023 was 93.01.

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. Kairikiya Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Kairikiya Co Days Inventory Historical Data

The historical data trend for Kairikiya Co'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.

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Kairikiya Co Days Inventory Chart

Kairikiya Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

4.69

4.02

3.92

Kairikiya Co Semi-Annual Data
	Dec21	Dec22	Dec23
Days Inventory	4.69	4.02	3.92

Competitive Comparison of Kairikiya Co's Days Inventory

For the Restaurants subindustry, Kairikiya Co'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.

Kairikiya Co's Days Inventory Distribution in the Restaurants Industry

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

* The bar in red indicates where Kairikiya Co's Days Inventory falls into.

Kairikiya Co Days Inventory Calculation

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

Kairikiya Co'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
=	( (27.921	+	38.264)	/	2 )	/	3077.982	*	365
=	33.0925					/	3077.982	*	365
=	3.92

Kairikiya Co'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (27.921	+	38.264)	/	2 )	/	3077.982	*	365 / 2
=	33.0925					/	3077.982	*	365 / 2
=	1.96

Kairikiya Co (TSE:5891) 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.

Kairikiya Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3077.982	/	33.0925
	=	93.01

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.

Kairikiya Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	33.0925	/	10583.81
	=	0.00

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.

Kairikiya Co Days Inventory Related Terms

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

Kairikiya Co (TSE:5891) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kairikiya Co Ltd (TSE:5891) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

670 Teraimizumachi, Nishikikoji Road, 6th floor, Kyoto Fukutoku Building, Karasuma-dori, Nakagyo-ku, Kyoto, JPN, 604-8152

Website

https://www.kairikiya.co.jp

Kairikiya Co Ltd is engaged in the Food and beverage business including ramen chain development and Restaurant business management.

Kairikiya Co (TSE:5891) Headlines

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