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KIKOF (Kikkoman) Days Inventory : 76.04 (As of Sep. 2024)


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What is Kikkoman Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kikkoman's Average Total Inventories for the three months ended in Sep. 2024 was $680 Mil. Kikkoman's Cost of Goods Sold for the three months ended in Sep. 2024 was $817 Mil. Hence, Kikkoman's Days Inventory for the three months ended in Sep. 2024 was 76.04.

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

KIKOF' s Days Inventory Range Over the Past 10 Years
Min: 71.66   Med: 75.23   Max: 79.38
Current: 74.94

During the past 13 years, Kikkoman's highest Days Inventory was 79.38. The lowest was 71.66. And the median was 75.23.

KIKOF's Days Inventory is ranked better than
55.6% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 81.87 vs KIKOF: 74.94

Kikkoman's Days Inventory declined from Sep. 2023 (82.52) to Sep. 2024 (76.04).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kikkoman's Inventory Turnover for the three months ended in Sep. 2024 was 1.20.

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. Kikkoman's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.55.


Kikkoman Days Inventory Historical Data

The historical data trend for Kikkoman'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.

Kikkoman Days Inventory Chart

Kikkoman Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.14 79.75 81.91 81.65 83.77

Kikkoman Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial 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 82.52 72.91 77.85 78.48 76.04

Competitive Comparison of Kikkoman's Days Inventory

For the Packaged Foods subindustry, Kikkoman'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.


Kikkoman's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kikkoman's Days Inventory distribution charts can be found below:

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



Kikkoman Days Inventory Calculation

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

Kikkoman's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (689.952 + 633.9) / 2 ) / 2884.248*365
=661.926 / 2884.248*365
=83.77

Kikkoman's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 680.478) / 1 ) / 816.557*365 / 4
=680.478 / 816.557*365 / 4
=76.04

* 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.


Kikkoman  (OTCPK:KIKOF) 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.

Kikkoman's Inventory Turnover for the three months ended in Sep. 2024 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.

Kikkoman's Inventory to Revenue for the three months ended in Sep. 2024 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.


Kikkoman Days Inventory Related Terms

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


Kikkoman Business Description

Traded in Other Exchanges
Address
250 Noda, Noda-shi, Chiba, JPN, 278-8601
Kikkoman was founded in 1917 following the merger of eight family-owned companies in Noda, Chiba Prefecture, Japan. It is the largest soy sauce manufacturer in Japan and the US Domestically, it sells a broad range of food and beverage products including but not limited to soy sauce, soy milk, licensed Del Monte products, and liquor. Kikkoman's products are shipped to over 100 countries with eight global production plants across the US, Asia, Europe, and South America. Apart from food manufacturing, Kikkoman also operates a wholesale business segment that resells Asian foods globally.

Kikkoman Headlines

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