HEKI Co (TSE:3039) Days Inventory : 10.44 (As of Sep. 2023)

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What is HEKI Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). HEKI Co's Average Total Inventories for the six months ended in Sep. 2023 was 円14.2 Mil. HEKI Co's Cost of Goods Sold for the six months ended in Sep. 2023 was 円248.9 Mil. Hence, HEKI Co's Days Inventory for the six months ended in Sep. 2023 was 10.44.

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

TSE:3039' s Days Inventory Range Over the Past 10 Years
Min: 6.55 Med: 8.94 Max: 13.17
Current: 10.35

During the past 12 years, HEKI Co's highest Days Inventory was 13.17. The lowest was 6.55. And the median was 8.94.

TSE:3039's Days Inventory is not ranked
in the Restaurants industry.
Industry Median: 15.59 vs TSE:3039: 10.35

HEKI Co's Days Inventory declined from Sep. 2022 (11.07) to Sep. 2023 (10.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. HEKI Co's Inventory Turnover for the six months ended in Sep. 2023 was 17.48.

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. HEKI Co's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.03.

HEKI Co Days Inventory Historical Data

The historical data trend for HEKI 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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HEKI Co Days Inventory Chart

HEKI Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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9.62

11.91

13.17

11.71

10.57

HEKI Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															15.55	11.96	11.07	10.06	10.44

Competitive Comparison of HEKI Co's Days Inventory

For the Restaurants subindustry, HEKI 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.

HEKI Co's Days Inventory Distribution in the Restaurants Industry

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

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

HEKI Co Days Inventory Calculation

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

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

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (14.776	+	14.658)	/	2 )	/	508.338	*	365
=	14.717					/	508.338	*	365
=	10.57

HEKI Co'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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (13.82	+	14.658)	/	2 )	/	248.891	*	365 / 2
=	14.239					/	248.891	*	365 / 2
=	10.44

HEKI Co (TSE:3039) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	248.891	/	14.239
	=	17.48

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.239	/	421.434
	=	0.03

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.

HEKI Co Days Inventory Related Terms

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

HEKI Co (TSE:3039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » HEKI Co Ltd (TSE:3039) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-6-12 Matsuyama, Naha, Okinawa, JPN, 900-0032

Website

http://www.heki.co.jp

HEKI Co Lyd operates teppanyaki chain "Heki" and chicken speciality restaurant "Torihiro" nationwide.

HEKI Co (TSE:3039) Headlines

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