Days Inventory is also known as Days Sales of Inventory (DSI). Collins Foods's Average Total Inventories for the
six
months ended in Oct. 2023 was A$8 Mil. Collins Foods's Cost of Goods Sold for the
six
months ended in Oct. 2023 was A$342 Mil.
Hence, Collins Foods's Days Inventory for the
six
months ended in Oct. 2023 was 4.42.
The historical rank and industry rank for Collins Foods's Days Inventory or its related term are showing as below:
ASX:CKF'
s Days Inventory Range Over the Past 10 Years
Min: 4.25 Med: 5.4 Max: 8.1
Current: 4.25
During the past 12 years, Collins Foods's highest Days Inventory was 8.10. The lowest was 4.25. And the median was 5.40.
ASX:CKF's Days Inventory is ranked better than 88.13% of 337
companies
in the Restaurants industry
Industry Median: 15.57
vs ASX:CKF: 4.25
Collins Foods's Days Inventory
declined
from Oct. 2022 (5.12) to Oct. 2023 (4.42).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Collins Foods's Inventory Turnover for the
six
months ended in Oct. 2023 was 41.32.
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.
Collins Foods's Inventory-to-Revenue for the
six
months ended in Oct. 2023 was 0.01.
Collins Foods Days Inventory Historical Data
The historical data trend for Collins Foods'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.
Competitive Comparison of Collins Foods's Days Inventory
For the Restaurants subindustry, Collins Foods'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.
Collins Foods's Days Inventory Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Collins Foods's Days Inventory distribution charts can be found below:
* The bar in red indicates where Collins Foods's Days Inventory falls into.
Collins Foods Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Collins Foods's Days Inventory for the fiscal year that ended in Apr. 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.
Collins Foods (ASX:CKF) 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.
Collins Foods's Inventory Turnover for the
six
months ended in Oct. 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.
Collins Foods's Inventory to Revenue for the
six
months ended in Oct. 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.
Collins Foods Days Inventory Related Terms
Thank you for viewing the detailed overview of Collins Foods's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Collins Foods is an operator of quick service restaurants, or QSRs. It franchises restaurant brands from U.S.-listed Yum Brands, including KFC in Australia, Germany, and the Netherlands, as well as Taco Bell in Australia. Most of its revenue and earnings are generated in Australia, where Collins is the largest franchisee of KFC, ahead of Restaurant Brands New Zealand.In the Netherlands, Collins has signed a corporate franchise agreement, giving it more control over development and oversight of the Dutch franchisee network.Earnings growth is underpinned by its store network expansion, both new restaurants and acquisitions of existing sites. Competitive pricing is key to maintaining share in the QSR market, and the company has generally increased at or below consumer price index growth.
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