Kuradashi Co (TSE:5884) Days Inventory : 20.58 (As of Jun. 2023)

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What is Kuradashi Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kuradashi Co's Average Total Inventories for the six months ended in Jun. 2023 was 円91 Mil. Kuradashi Co's Cost of Goods Sold for the six months ended in Jun. 2023 was 円1,612 Mil. Hence, Kuradashi Co's Days Inventory for the six months ended in Jun. 2023 was 10.29.

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

TSE:5884' s Days Inventory Range Over the Past 10 Years
Min: 20.58 Med: 25.18 Max: 47.79
Current: 20.58

During the past 3 years, Kuradashi Co's highest Days Inventory was 47.79. The lowest was 20.58. And the median was 25.18.

TSE:5884's Days Inventory is ranked better than
76.01% of 296 companies
in the Retail - Defensive industry
Industry Median: 36.41 vs TSE:5884: 20.58

Kuradashi Co's Days Inventory declined from Jun. 2021 (47.79) to Jun. 2023 (20.58).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kuradashi Co's Inventory Turnover for the six months ended in Jun. 2023 was 17.74.

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. Kuradashi Co's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.03.

Kuradashi Co Days Inventory Historical Data

The historical data trend for Kuradashi 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.

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Kuradashi Co Days Inventory Chart

Kuradashi Co Annual Data

Trend

Jun21

Jun22

Jun23

Days Inventory

47.79

25.18

20.58

Kuradashi Co Semi-Annual Data
	Jun21	Jun22	Jun23
Days Inventory	47.79	25.18	20.58

Competitive Comparison of Kuradashi Co's Days Inventory

For the Food Distribution subindustry, Kuradashi 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.

Kuradashi Co's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kuradashi Co's Days Inventory distribution charts can be found below:

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

Kuradashi Co Days Inventory Calculation

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

Kuradashi Co's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (64.406	+	117.3)	/	2 )	/	1611.642	*	365
=	90.853					/	1611.642	*	365
=	20.58

Kuradashi Co's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (64.406	+	117.3)	/	2 )	/	1611.642	*	365 / 2
=	90.853					/	1611.642	*	365 / 2
=	10.29

Kuradashi Co (TSE:5884) 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.

Kuradashi Co's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1611.642	/	90.853
	=	17.74

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.

Kuradashi Co's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	90.853	/	2910.235
	=	0.03

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.

Kuradashi Co Days Inventory Related Terms

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

Kuradashi Co (TSE:5884) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kuradashi Co Ltd (TSE:5884) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-2-1 Kamiosaki, 5th floor, Meguro Center Building, Shinagawa-ku, Tokyo, JPN, 141-0021

Website

https://corp.kuradashi.jp

Kuradashi Co Ltd is a shopping site that aims to reduce food loss. By selling products that are still edible but likely to be thrown away at a reasonable price and donating a portion of the sales to various organizations working on environmental protection and disaster relief. Its mission is to continue to be a social good company.

Kuradashi Co (TSE:5884) Headlines

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