The historical rank and industry rank for Kirin Holdings Co's Days Inventory or its related term are showing as below:
TSE:2503'
s Days Inventory Range Over the Past 10 Years
Min: 66.53 Med: 72.41 Max: 100.14
Current: 100.14
During the past 13 years, Kirin Holdings Co's highest Days Inventory was 100.14. The lowest was 66.53. And the median was 72.41.
TSE:2503's Days Inventory is ranked better than 65.69% of 204
companies
in the Beverages - Alcoholic industry
Industry Median: 160.075
vs TSE:2503: 100.14
Kirin Holdings Co's Days Inventory
increased
from Dec. 2022 (94.81) to Dec. 2023 (97.65).
It might indicate that Kirin Holdings Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kirin Holdings Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.93.
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.
Kirin Holdings Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.58.
Kirin Holdings Co Days Inventory Historical Data
The historical data trend for Kirin Holdings 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.
Competitive Comparison of Kirin Holdings Co's Days Inventory
For the Beverages - Brewers subindustry, Kirin Holdings 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.
Kirin Holdings Co's Days Inventory Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kirin Holdings Co's Days Inventory falls into.
Kirin Holdings Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kirin Holdings Co's Days Inventory for the fiscal year that 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.
Kirin Holdings Co (TSE:2503) 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.
Kirin Holdings Co's Inventory Turnover for the
three
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.
Kirin Holdings Co's Inventory to Revenue for the
three
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.
Kirin Holdings Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Kirin Holdings Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Kirin is the second largest brewer by value in Japan, with an estimated 35.7% volume share in beer and beer-like category as of 2022. It holds a top share in happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of acholic and soft beverage products in Japan. It made several acquisitions including Lion Nathan and National Foods in Oceania, the Brazilian brewer Schincariol, and Myanmar Brewery, but has divested most of the acquired businesses except Lion. It has shifted focus back to the domestic brewery after a painful exit from Brazil in 2017 and identified craft beer and wellness as new growth drivers. Overseas business represents about 40% of group's sales. It also owns a 48.6% stake in the largest Filipino brewer San Miguel.
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