Kappa Create Co (TSE:7421) Days Inventory : 8.42 (As of Sep. 2024)

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What is Kappa Create Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kappa Create Co's Average Total Inventories for the three months ended in Sep. 2024 was 円851 Mil. Kappa Create Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円9,225 Mil. Hence, Kappa Create Co's Days Inventory for the three months ended in Sep. 2024 was 8.42.

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

TSE:7421' s Days Inventory Range Over the Past 10 Years
Min: 5.32 Med: 7.23 Max: 10.47
Current: 10.47

During the past 13 years, Kappa Create Co's highest Days Inventory was 10.47. The lowest was 5.32. And the median was 7.23.

TSE:7421's Days Inventory is ranked better than
64.79% of 338 companies
in the Restaurants industry
Industry Median: 14.995 vs TSE:7421: 10.47

Kappa Create Co's Days Inventory increased from Sep. 2023 (7.95) to Sep. 2024 (8.42). It might indicate that Kappa Create Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kappa Create Co's Inventory Turnover for the three months ended in Sep. 2024 was 10.84.

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. Kappa Create Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.04.

Kappa Create Co Days Inventory Historical Data

The historical data trend for Kappa Create 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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Kappa Create Co Days Inventory Chart

Kappa Create Co Annual Data

Trend

Feb14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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6.65

7.34

7.12

7.85

8.22

Kappa Create Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															10.05	10.09	8.04	8.42	11.17

Competitive Comparison of Kappa Create Co's Days Inventory

For the Restaurants subindustry, Kappa Create 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.

Kappa Create Co's Days Inventory Distribution in the Restaurants Industry

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

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

Kappa Create Co Days Inventory Calculation

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

Kappa Create Co'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
=	( (812	+	749)	/	2 )	/	34665	*	365
=	780.5					/	34665	*	365
=	8.22

Kappa Create Co'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	+	851)	/	1 )	/	9225	*	365 / 4
=	851					/	9225	*	365 / 4
=	8.42

Kappa Create Co (TSE:7421) 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.

Kappa Create Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9225	/	851
	=	10.84

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.

Kappa Create Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	851	/	19139
	=	0.04

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.

Kappa Create Co Days Inventory Related Terms

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

Kappa Create Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kappa Create Co Ltd (TSE:7421) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

12th Floor, Landmark Tower, 2-2-1, Minato-Mirai, Nishi-ku, Kanagawaa Prefecture, Yokohama, JPN, 220-8112

Website

http://www.kappa-create.co.jp

Kappa Create Co Ltd operates Kappa-Sushi conveyer-belt-style sushi restaurants. Kappa-Sushi has several hundred locations throughout most regions of Japan, with its biggest regions being Chubu where it has almost a third of all Kappa restaurants and Kanto where roughly a quarter of all Kappa restaurants are located. Tohoku and Kinki collectively house roughly one third of the company's restaurants, and the remaining locations are in Chugoku and Kyushu. Besides Restaurant Management, other business lines for Kappa Create include Processing and Sale of Foodstuffs, Non-life Insurance, and Real Estate.

Kappa Create Co Headlines

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