HIDAY HIDAKA (TSE:7611) Total Inventories : 円279 Mil (As of Nov. 2023)

View and export this data going back to 1999. Start your Free Trial

What is HIDAY HIDAKA Total Inventories?

HIDAY HIDAKA's total inventories for the quarter that ended in Nov. 2023 was 円279 Mil. HIDAY HIDAKA's average total inventories from the quarter that ended in Aug. 2023 to the quarter that ended in Nov. 2023 was 円274 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. HIDAY HIDAKA's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was 円139.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HIDAY HIDAKA's Days Inventory for the three months ended in Nov. 2023 was 7.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. HIDAY HIDAKA's Inventory Turnover for the quarter that ended in Nov. 2023 was 12.70.

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. HIDAY HIDAKA's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.02.

HIDAY HIDAKA Total Inventories Historical Data

The historical data trend for HIDAY HIDAKA's Total Inventories 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.

HIDAY HIDAKA Total Inventories Chart

HIDAY HIDAKA Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Inventories

Get a 7-Day Free Trial

255.81

199.98

193.26

238.18

294.46

HIDAY HIDAKA Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Inventories	Get a 7-Day Free Trial															238.18	270.33	269.02	279.22	294.46

HIDAY HIDAKA Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

HIDAY HIDAKA (TSE:7611) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

HIDAY HIDAKA's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2023 is

	Net-Net Working Capital Per Share (Q: Nov. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11670.334	+	0.75 * 1500.878	+	0.5 * 279.22	-	7641.863
-	0	-	0)	/	37.9734
=	139.41

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

HIDAY HIDAKA's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2023 )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
	=	274.1185	/	3482.435	*	365 / 4
	=	7.18

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

HIDAY HIDAKA's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Nov. 2023 )	/	Average Total Inventories (Q: Nov. 2023 )
	=	3482.435	/	274.1185
	=	12.70

4. 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.

HIDAY HIDAKA's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	274.1185	/	12299.33
	=	0.02

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

HIDAY HIDAKA Total Inventories Related Terms

Thank you for viewing the detailed overview of HIDAY HIDAKA's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

HIDAY HIDAKA (TSE:7611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » HIDAY HIDAKA Corp (TSE:7611) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 6F, Saitama, JPN, 3-105

Website

http://www.hiday.co.jp

HIDAY HIDAKA Corp Is a Japan-based company principally engaged in the business of restaurant chains operation. It operates through its chain of Hidaka restaurants. The company through its stores in metropolitan areas, offers food menu which includes dishes like gyozo, ramen, Chinese rice, stir-fry dishes such as Mabo Tofu, dumplings and Chinese Donburu and other Chinese dishes. Ramen is the signboard menu of the company which is used along with soup, noodles, sliced chowder, Tonkotsu and chicken stock. Customers of the company range from students to businesspeople, late-shift workers, and seniors.

HIDAY HIDAKA (TSE:7611) Headlines

No Headlines