GEN Restaurant Group (GEN Restaurant Group) Days Inventory : 1.62 (As of Dec. 2023)

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What is GEN Restaurant Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GEN Restaurant Group's Average Total Inventories for the three months ended in Dec. 2023 was $0.5 Mil. GEN Restaurant Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $29.2 Mil. Hence, GEN Restaurant Group's Days Inventory for the three months ended in Dec. 2023 was 1.62.

The historical rank and industry rank for GEN Restaurant Group's Days Inventory or its related term are showing as below:

GENK' s Days Inventory Range Over the Past 10 Years
Min: 2.11 Med: 2.72 Max: 6.49
Current: 3.72

During the past 5 years, GEN Restaurant Group's highest Days Inventory was 6.49. The lowest was 2.11. And the median was 2.72.

GENK's Days Inventory is ranked better than
90.8% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs GENK: 3.72

GEN Restaurant Group's Days Inventory declined from Dec. 2022 (8.88) to Dec. 2023 (1.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. GEN Restaurant Group's Inventory Turnover for the three months ended in Dec. 2023 was 56.33.

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. GEN Restaurant Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.

GEN Restaurant Group Days Inventory Historical Data

The historical data trend for GEN Restaurant Group'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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GEN Restaurant Group Days Inventory Chart

GEN Restaurant Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

2.11

2.50

2.72

6.49

4.76

GEN Restaurant Group Quarterly Data
	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial								8.88	6.34	3.59	2.40	1.62

Competitive Comparison of GEN Restaurant Group's Days Inventory

For the Restaurants subindustry, GEN Restaurant Group'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.

GEN Restaurant Group's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, GEN Restaurant Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where GEN Restaurant Group's Days Inventory falls into.

GEN Restaurant Group Days Inventory Calculation

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

GEN Restaurant Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2.542	+	0.461)	/	2 )	/	115.211	*	365
=	1.5015					/	115.211	*	365
=	4.76

GEN Restaurant Group'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
=	( (0.575	+	0.461)	/	2 )	/	29.178	*	365 / 4
=	0.518					/	29.178	*	365 / 4
=	1.62

GEN Restaurant Group (NAS:GENK) 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.

GEN Restaurant Group's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.178	/	0.518
	=	56.33

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.

GEN Restaurant Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.518	/	45.108
	=	0.01

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.

GEN Restaurant Group Days Inventory Related Terms

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

GEN Restaurant Group (GEN Restaurant Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » GEN Restaurant Group Inc (NAS:GENK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

11480 South Street, Suite 205, Cerritos, CA, USA, 90703

Website

https://www.genkoreanbbq.com

GEN Restaurant Group Inc is engaged in GEN Korean BBQ which is one of the largest Asian casual dining restaurants. It offers an extensive menu of traditional Korean and Korean-American food, including high-quality meats, poultry, seafood and mixed vegetables, all at a superior value. Its restaurants have modern decor, lively Korean pop music playing in the background and embedded grills in the center of each table. Its food is served family style and requires guests to share and coordinate their cooking responsibilities, which fosters more meaningful interaction than traditional casual dining. The company believes in its unique culinary experience appeals to a vast segment of the population, particularly Millennials and Gen Z.

Executives

Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Jonathan Gregory	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Thomas Croal	officer: Chief Financial Officer	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Jae Chang	director, officer: Co-Chief Executive Officer	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Michael Cowan	director	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Jose Manzanarez	10 percent owner	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Don Kim	10 percent owner	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Juhee Han	10 percent owner	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Lauren Wang	10 percent owner	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Ichibon Trading, Llc	10 percent owner	2711 VILLA PISA LN, LEAGUE CITY TX 77573-3293
Kim David Wook Jin	director, 10 percent owner, officer: Co-Chief Executive Officer	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703