KIDO Group (STC:KDC) Days Inventory : 61.94 (As of Mar. 2024)

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What is KIDO Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KIDO Group's Average Total Inventories for the three months ended in Mar. 2024 was ₫988,481 Mil. KIDO Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫1,456,156 Mil. Hence, KIDO Group's Days Inventory for the three months ended in Mar. 2024 was 61.94.

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

STC:KDC' s Days Inventory Range Over the Past 10 Years
Min: 39.82 Med: 66.48 Max: 101.88
Current: 69.68

During the past 13 years, KIDO Group's highest Days Inventory was 101.88. The lowest was 39.82. And the median was 66.48.

STC:KDC's Days Inventory is ranked better than
59.25% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 83.69 vs STC:KDC: 69.68

KIDO Group's Days Inventory declined from Mar. 2023 (119.56) to Mar. 2024 (61.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. KIDO Group's Inventory Turnover for the three months ended in Mar. 2024 was 1.47.

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. KIDO Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.54.

KIDO Group Days Inventory Historical Data

The historical data trend for KIDO Group'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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KIDO Group Days Inventory Chart

KIDO Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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68.82

58.97

80.08

83.71

84.27

KIDO Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															119.56	79.64	60.44	62.67	61.94

Competitive Comparison of KIDO Group's Days Inventory

For the Confectioners subindustry, KIDO Group'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.

KIDO Group's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

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

KIDO Group Days Inventory Calculation

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

KIDO Group'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
=	( (2212305.861	+	1072280.081)	/	2 )	/	7113403.564	*	365
=	1642292.971					/	7113403.564	*	365
=	84.27

KIDO Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1072280.081	+	904682.109)	/	2 )	/	1456155.556	*	365 / 4
=	988481.095					/	1456155.556	*	365 / 4
=	61.94

KIDO Group (STC:KDC) 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.

KIDO Group's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1456155.556	/	988481.095
	=	1.47

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.

KIDO Group's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	988481.095	/	1815352.87
	=	0.54

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.

KIDO Group Days Inventory Related Terms

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

KIDO Group (STC:KDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » KIDO Group Corp (STC:KDC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

138 - 142 Hai Ba Trung Street, Da Kao Ward, District 1, Ho Chi Minh City, VNM

Website

http://www.kinhdo.vn

KIDO Group Corp is a Vietnamese company engaged in the production of confectionery and baked goods. The company's brand portfolio includes AFC, COSY, Solite, and Slide. It produces cakes, buns, chips, cream-filled rolls, biscuits, and salted crackers.