Gourmet Kineya Co (TSE:9850) Days Inventory : 17.53 (As of Dec. 2023)

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What is Gourmet Kineya Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gourmet Kineya Co's Average Total Inventories for the three months ended in Dec. 2023 was 円1,394 Mil. Gourmet Kineya Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円7,257 Mil. Hence, Gourmet Kineya Co's Days Inventory for the three months ended in Dec. 2023 was 17.53.

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

TSE:9850' s Days Inventory Range Over the Past 10 Years
Min: 5.23 Med: 8.94 Max: 16.96
Current: 16.96

During the past 13 years, Gourmet Kineya Co's highest Days Inventory was 16.96. The lowest was 5.23. And the median was 8.94.

TSE:9850's Days Inventory is ranked worse than
53.12% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs TSE:9850: 16.96

Gourmet Kineya Co's Days Inventory declined from Dec. 2022 (17.79) to Dec. 2023 (17.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gourmet Kineya Co's Inventory Turnover for the three months ended in Dec. 2023 was 5.20.

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. Gourmet Kineya Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.12.

Gourmet Kineya Co Days Inventory Historical Data

The historical data trend for Gourmet Kineya 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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Gourmet Kineya Co Days Inventory Chart

Gourmet Kineya Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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9.63

10.42

14.72

15.31

14.26

Gourmet Kineya Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															17.79	14.27	15.47	24.68	17.53

Competitive Comparison of Gourmet Kineya Co's Days Inventory

For the Restaurants subindustry, Gourmet Kineya 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.

Gourmet Kineya Co's Days Inventory Distribution in the Restaurants Industry

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

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

Gourmet Kineya Co Days Inventory Calculation

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

Gourmet Kineya Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (714.422	+	775.42)	/	2 )	/	19072.913	*	365
=	744.921					/	19072.913	*	365
=	14.26

Gourmet Kineya Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1939.078	+	849.755)	/	2 )	/	7257.097	*	365 / 4
=	1394.4165					/	7257.097	*	365 / 4
=	17.53

Gourmet Kineya Co (TSE:9850) 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.

Gourmet Kineya Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7257.097	/	1394.4165
	=	5.20

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.

Gourmet Kineya Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1394.4165	/	11337.808
	=	0.12

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.

Gourmet Kineya Co Days Inventory Related Terms

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

Gourmet Kineya Co (TSE:9850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Gourmet Kineya Co Ltd (TSE:9850) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4, No. 7, No. 3-chome, Osaka, JPN

Website

http://www.gourmet-kineya.co.jp

Gourmet Kineya Co Ltd engages in the management of restaurants. The firm operates a chain of stores serving udon, soba, sushi, and western-style cuisine and ethnic-themed restaurants. It is also engaged in offering in-flight catering and food services. In addition, the company is involved in the production, processing, and sale of frozen food; general property leasing services; railway and passenger transportation services; sale of Japanese rice and seafood products; customs clearance and bonded storage business.

Gourmet Kineya Co (TSE:9850) Headlines

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