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Restaurant Brands NZ (Restaurant Brands NZ) Days Inventory

: 5.90 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Restaurant Brands NZ's Average Total Inventories for the six months ended in Dec. 2023 was $12.0 Mil. Restaurant Brands NZ's Cost of Goods Sold for the six months ended in Dec. 2023 was $369.7 Mil. Hence, Restaurant Brands NZ's Days Inventory for the six months ended in Dec. 2023 was 5.90.

The historical rank and industry rank for Restaurant Brands NZ's Days Inventory or its related term are showing as below:

RTBRF' s Days Inventory Range Over the Past 10 Years
Min: 2.26   Med: 6.84   Max: 9.98
Current: 6.67

During the past 13 years, Restaurant Brands NZ's highest Days Inventory was 9.98. The lowest was 2.26. And the median was 6.84.

RTBRF's Days Inventory is ranked better than
79.82% of 337 companies
in the Restaurants industry
Industry Median: 15.46 vs RTBRF: 6.67

Restaurant Brands NZ's Days Inventory declined from Dec. 2022 (7.26) to Dec. 2023 (5.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Restaurant Brands NZ's Inventory Turnover for the six months ended in Dec. 2023 was 30.92.

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. Restaurant Brands NZ's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.


Restaurant Brands NZ Days Inventory Historical Data

The historical data trend for Restaurant Brands NZ'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.

Restaurant Brands NZ Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.41 6.34 7.93 8.29 7.11

Restaurant Brands NZ Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 7.95 7.93 7.26 7.18 5.90

Competitive Comparison

For the Restaurants subindustry, Restaurant Brands NZ'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.


Restaurant Brands NZ Days Inventory Distribution

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

* The bar in red indicates where Restaurant Brands NZ's Days Inventory falls into.



Restaurant Brands NZ Days Inventory Calculation

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

Restaurant Brands NZ'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
=( (15.972 + 12.297) / 2 ) / 725.172*365
=14.1345 / 725.172*365
=7.11

Restaurant Brands NZ'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (11.619 + 12.297) / 2 ) / 369.682*365 / 2
=11.958 / 369.682*365 / 2
=5.90

* 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.


Restaurant Brands NZ  (OTCPK:RTBRF) 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.

Restaurant Brands NZ's Inventory Turnover for the six 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.

Restaurant Brands NZ's Inventory to Revenue for the six 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.


Restaurant Brands NZ Days Inventory Related Terms

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


Restaurant Brands NZ (Restaurant Brands NZ) Business Description

Traded in Other Exchanges
Address
666 Great South Road, Level 3, Level 3, Building 7, Central Park, Penrose, Auckland, NTL, NZL, 1051
Restaurant Brands NZ Ltd, together with its subsidiaries, operates quick service and takeaway restaurant concepts. The company's business includes KFC and Carl's Jr. It has various brands, consisting of KFC New Zealand, KFC Australia, Taco Bell, and Carl's Jr. stores. The company has purchased approximately more than 90 KFC stores in New South Wales, Australia, and also acquired the New Zealand franchise for Carl's Jr.

Restaurant Brands NZ (Restaurant Brands NZ) Headlines

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