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Kingza International Co (ROCO:2751) Days Inventory : 15.95 (As of Dec. 2023)


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What is Kingza International Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kingza International Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$31 Mil. Kingza International Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$352 Mil. Hence, Kingza International Co's Days Inventory for the six months ended in Dec. 2023 was 15.95.

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

ROCO:2751' s Days Inventory Range Over the Past 10 Years
Min: 10.54   Med: 15.31   Max: 21.16
Current: 17.45

During the past 6 years, Kingza International Co's highest Days Inventory was 21.16. The lowest was 10.54. And the median was 15.31.

ROCO:2751's Days Inventory is ranked worse than
54.6% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs ROCO:2751: 17.45

Kingza International Co's Days Inventory declined from Dec. 2022 (19.86) to Dec. 2023 (15.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kingza International Co's Inventory Turnover for the six months ended in Dec. 2023 was 11.45.

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. Kingza International Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.05.


Kingza International Co Days Inventory Historical Data

The historical data trend for Kingza International 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.

Kingza International Co Days Inventory Chart

Kingza International Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 10.54 12.47 19.81 21.16 18.14

Kingza International Co Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.00 23.07 19.86 18.48 15.95

Competitive Comparison of Kingza International Co's Days Inventory

For the Restaurants subindustry, Kingza International 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.


Kingza International Co's Days Inventory Distribution in the Restaurants Industry

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

* The bar in red indicates where Kingza International Co's Days Inventory falls into.



Kingza International Co Days Inventory Calculation

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

Kingza International Co'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
=( (31.24 + 33.036) / 2 ) / 646.64*365
=32.138 / 646.64*365
=18.14

Kingza International 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (28.456 + 33.036) / 2 ) / 351.904*365 / 2
=30.746 / 351.904*365 / 2
=15.95

* 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.


Kingza International Co  (ROCO:2751) 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.

Kingza International Co's Inventory Turnover for the six months ended in Dec. 2023 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.

Kingza International Co's Inventory to Revenue for the six months ended in Dec. 2023 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.


Kingza International Co Days Inventory Related Terms

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


Kingza International Co (ROCO:2751) Business Description

Traded in Other Exchanges
N/A
Address
No. 98, Gaotie 9th Road, 3rd Floor, Hsinchu County, Zhubei City, TWN
Kingza International Co Ltd provides catering chain agency. It engages in operating franchise store, chain restaurant system management training, restaurant brand agency, and other services. Its brands include Ginza Katsuko Japanese-style Pork Chop; Duan Chunzhen Beef Noodles, Osaka Osho Dumplings and Kyoto Katsu Beef Japanese-style Fried Steak and many other catering brands.

Kingza International Co (ROCO:2751) Headlines

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