Kura Sushi (TSE:2695) Days Inventory : 10.71 (As of Apr. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Kura Sushi Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kura Sushi's Average Total Inventories for the three months ended in Apr. 2024 was 円2,815 Mil. Kura Sushi's Cost of Goods Sold for the three months ended in Apr. 2024 was 円23,990 Mil. Hence, Kura Sushi's Days Inventory for the three months ended in Apr. 2024 was 10.71.

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

TSE:2695' s Days Inventory Range Over the Past 10 Years
Min: 4.39 Med: 6.06 Max: 10.82
Current: 10.82

During the past 13 years, Kura Sushi's highest Days Inventory was 10.82. The lowest was 4.39. And the median was 6.06.

TSE:2695's Days Inventory is ranked better than
63.39% of 336 companies
in the Restaurants industry
Industry Median: 15.955 vs TSE:2695: 10.82

Kura Sushi's Days Inventory increased from Apr. 2023 (10.63) to Apr. 2024 (10.71). It might indicate that Kura Sushi's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kura Sushi's Inventory Turnover for the three months ended in Apr. 2024 was 8.52.

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. Kura Sushi's Inventory-to-Revenue for the three months ended in Apr. 2024 was 0.05.

Kura Sushi Days Inventory Historical Data

The historical data trend for Kura Sushi'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.

Kura Sushi Days Inventory Chart

Kura Sushi Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Inventory

Get a 7-Day Free Trial

6.92

9.16

9.62

9.31

9.77

Kura Sushi Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Days Inventory	Get a 7-Day Free Trial															10.63	11.39	10.50	9.97	10.71

Competitive Comparison of Kura Sushi's Days Inventory

For the Restaurants subindustry, Kura Sushi'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.

Kura Sushi's Days Inventory Distribution in the Restaurants Industry

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

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

Kura Sushi Days Inventory Calculation

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

Kura Sushi's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

	Days Inventory (A: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (2410	+	2522)	/	2 )	/	92171	*	365
=	2466					/	92171	*	365
=	9.77

Kura Sushi's Days Inventory for the quarter that ended in Apr. 2024 is calculated as:

	Days Inventory (Q: Apr. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jan. 2024 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
=	( (2622	+	3008)	/	2 )	/	23990	*	365 / 4
=	2815					/	23990	*	365 / 4
=	10.71

Kura Sushi (TSE:2695) 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.

Kura Sushi's Inventory Turnover for the three months ended in Apr. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	23990	/	2815
	=	8.52

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.

Kura Sushi's Inventory to Revenue for the three months ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2815	/	59961
	=	0.05

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.

Kura Sushi Days Inventory Related Terms

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

Kura Sushi (TSE:2695) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kura Sushi Inc (TSE:2695) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-1 Fukasaka, Naka-ku, Sakai-shi, Osaka, JPN, 599-8253

Website

http://www.kura-corpo.co.jp

Kura Sushi Inc operates a chain of close to 400 sushi restaurants in Japan. Kura's restaurants pledge to serve natural, organic, additive-free food that is devoid of chemical seasonings and artificial sweeteners, colorings, and preservatives. They operate as revolving sushi restaurants using the conveyor belt method to serve customers, which keeps staff requirements low. The method entails customers choosing and grabbing their sushi preferences as the options rotate in front of them on a conveyor belt.

Kura Sushi (TSE:2695) Headlines

No Headlines