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Pizza Pizza Royalty (TSX:PZA) Days Inventory : 0.00 (As of Dec. 2023)


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What is Pizza Pizza Royalty Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pizza Pizza Royalty's Average Total Inventories for the three months ended in Dec. 2023 was C$0.00 Mil. Pizza Pizza Royalty's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.00 Mil.

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

TSX:PZA's Days Inventory is not ranked *
in the Restaurants industry.
Industry Median: 15.61
* Ranked among companies with meaningful Days Inventory only.

Pizza Pizza Royalty's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Pizza Pizza Royalty's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Pizza Pizza Royalty Days Inventory Historical Data

The historical data trend for Pizza Pizza Royalty'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.

Pizza Pizza Royalty Days Inventory Chart

Pizza Pizza Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Pizza Pizza Royalty Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Pizza Pizza Royalty's Days Inventory

For the Restaurants subindustry, Pizza Pizza Royalty'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.


Pizza Pizza Royalty's Days Inventory Distribution in the Restaurants Industry

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

* The bar in red indicates where Pizza Pizza Royalty's Days Inventory falls into.



Pizza Pizza Royalty Days Inventory Calculation

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

Pizza Pizza Royalty'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
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Pizza Pizza Royalty'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
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


Pizza Pizza Royalty  (TSX:PZA) 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.

Pizza Pizza Royalty'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.

Pizza Pizza Royalty'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.


Pizza Pizza Royalty Days Inventory Related Terms

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


Pizza Pizza Royalty (TSX:PZA) Business Description

Traded in Other Exchanges
Address
500 Kipling Avenue, Toronto, ON, CAN, M8Z 5E5
Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza 73 brands. It offers a flavorful, varied, and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions in Canada.
Executives
Edward Peter Howard Nash Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)