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Hachi-Ban Co (TSE:9950) Days Inventory : 20.18 (As of Mar. 2024)


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What is Hachi-Ban Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hachi-Ban Co's Average Total Inventories for the three months ended in Mar. 2024 was 円218 Mil. Hachi-Ban Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円984 Mil. Hence, Hachi-Ban Co's Days Inventory for the three months ended in Mar. 2024 was 20.18.

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

TSE:9950' s Days Inventory Range Over the Past 10 Years
Min: 9.67   Med: 11.32   Max: 19.43
Current: 17.94

During the past 13 years, Hachi-Ban Co's highest Days Inventory was 19.43. The lowest was 9.67. And the median was 11.32.

TSE:9950's Days Inventory is ranked worse than
54.93% of 335 companies
in the Restaurants industry
Industry Median: 15.82 vs TSE:9950: 17.94

Hachi-Ban Co's Days Inventory declined from Mar. 2023 (20.41) to Mar. 2024 (20.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hachi-Ban Co's Inventory Turnover for the three months ended in Mar. 2024 was 4.52.

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. Hachi-Ban Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.


Hachi-Ban Co Days Inventory Historical Data

The historical data trend for Hachi-Ban 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.

* Premium members only.

Hachi-Ban Co Days Inventory Chart

Hachi-Ban Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.70 17.57 19.43 18.02 17.19

Hachi-Ban Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.41 17.99 15.59 19.01 20.18

Competitive Comparison of Hachi-Ban Co's Days Inventory

For the Restaurants subindustry, Hachi-Ban 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.


Hachi-Ban Co's Days Inventory Distribution in the Restaurants Industry

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

* The bar in red indicates where Hachi-Ban Co's Days Inventory falls into.



Hachi-Ban Co Days Inventory Calculation

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

Hachi-Ban 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
=( (193.948 + 192.287) / 2 ) / 4099.938*365
=193.1175 / 4099.938*365
=17.19

Hachi-Ban Co'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
=( (242.75 + 192.287) / 2 ) / 983.675*365 / 4
=217.5185 / 983.675*365 / 4
=20.18

* 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.


Hachi-Ban Co  (TSE:9950) 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.

Hachi-Ban Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

Hachi-Ban Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


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.


Hachi-Ban Co Days Inventory Related Terms

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


Hachi-Ban Co (TSE:9950) Business Description

Traded in Other Exchanges
N/A
Address
1-12-18 Shinkanda, Isikawa prefecture, Kanazawa, JPN, 921-8582
Hachi-Ban Co., Ltd. Is engaged in the business of manufacturing, processing, and sales of food, management of restaurants, dining franchise, and import, export, and sale of groceries and condiments.

Hachi-Ban Co (TSE:9950) Headlines

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