Yakult Honsha Co (TSE:2267) Days Inventory : 65.87 (As of Dec. 2023)

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What is Yakult Honsha Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yakult Honsha Co's Average Total Inventories for the three months ended in Dec. 2023 was 円38,822 Mil. Yakult Honsha Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円53,780 Mil. Hence, Yakult Honsha Co's Days Inventory for the three months ended in Dec. 2023 was 65.87.

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

TSE:2267' s Days Inventory Range Over the Past 10 Years
Min: 60.25 Med: 63.32 Max: 67.49
Current: 67.25

During the past 13 years, Yakult Honsha Co's highest Days Inventory was 67.49. The lowest was 60.25. And the median was 63.32.

TSE:2267's Days Inventory is ranked worse than
50.46% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 67.25 vs TSE:2267: 67.25

Yakult Honsha Co's Days Inventory increased from Dec. 2022 (61.60) to Dec. 2023 (65.87). It might indicate that Yakult Honsha Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yakult Honsha Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.39.

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. Yakult Honsha Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.29.

Yakult Honsha Co Days Inventory Historical Data

The historical data trend for Yakult Honsha 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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Yakult Honsha Co Days Inventory Chart

Yakult Honsha Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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61.06

61.64

64.90

63.91

63.16

Yakult Honsha Co 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															61.60	67.87	69.37	67.75	65.87

Competitive Comparison of Yakult Honsha Co's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Yakult Honsha 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.

Yakult Honsha Co's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Yakult Honsha Co's Days Inventory distribution charts can be found below:

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

Yakult Honsha Co Days Inventory Calculation

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

Yakult Honsha Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (30648	+	36702)	/	2 )	/	194594	*	365
=	33675					/	194594	*	365
=	63.16

Yakult Honsha 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (40098	+	37546)	/	2 )	/	53780	*	365 / 4
=	38822					/	53780	*	365 / 4
=	65.87

Yakult Honsha Co (TSE:2267) 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.

Yakult Honsha Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	53780	/	38822
	=	1.39

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.

Yakult Honsha Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	38822	/	134892
	=	0.29

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.

Yakult Honsha Co Days Inventory Related Terms

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

Yakult Honsha Co (TSE:2267) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Yakult Honsha Co Ltd (TSE:2267) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

YKLTY:USA YKH:Germany

Address

1-19 Higashi Shimbashi 1-chome, Minato-ku, Tokyo, JPN, 105-0021

Website

http://www.yakult.co.jp

Yakult is a pioneer in probiotics, which launched the probiotic drinks Yakult in 1935 after Minoru Shirota's discovery of Lactobacillus casei strain Shirota, a strain of lactic acid bacteria proved to be able to live in intestines, in 1930. It operates in 40 countries across four continents selling mainly the Yakult probiotic drinks. Apart from the retail outlets, the home delivery channel, served by a team of 83,000 Yakult Ladies globally, contributes about 45% of its probiotic drink volume. Overseas markets comprise 40% of group sales and profits. Yakult has built a meaningful presence in populated emerging markets including China, Indonesia, Mexico, and Brazil. It plans to step up expansion in the U.S. It also operates a pharmaceutical business with an emphasis on oncology drugs.

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