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Wakou Shokuhin Co (TSE:2813) Days Inventory : 57.11 (As of Dec. 2023)


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What is Wakou Shokuhin Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wakou Shokuhin Co's Average Total Inventories for the three months ended in Dec. 2023 was 円1,912 Mil. Wakou Shokuhin Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,055 Mil. Hence, Wakou Shokuhin Co's Days Inventory for the three months ended in Dec. 2023 was 57.11.

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

TSE:2813' s Days Inventory Range Over the Past 10 Years
Min: 37.25   Med: 41.28   Max: 61.75
Current: 61.75

During the past 13 years, Wakou Shokuhin Co's highest Days Inventory was 61.75. The lowest was 37.25. And the median was 41.28.

TSE:2813's Days Inventory is ranked better than
65.94% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs TSE:2813: 61.75

Wakou Shokuhin Co's Days Inventory declined from Dec. 2022 (57.19) to Dec. 2023 (57.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wakou Shokuhin Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.60.

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. Wakou Shokuhin Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.44.


Wakou Shokuhin Co Days Inventory Historical Data

The historical data trend for Wakou Shokuhin 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.

Wakou Shokuhin Co Days Inventory Chart

Wakou Shokuhin Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.02 46.55 47.81 48.50 56.11

Wakou Shokuhin 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 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 57.19 64.21 61.80 64.39 57.11

Competitive Comparison of Wakou Shokuhin Co's Days Inventory

For the Packaged Foods subindustry, Wakou Shokuhin 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.


Wakou Shokuhin Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wakou Shokuhin Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wakou Shokuhin Co's Days Inventory falls into.



Wakou Shokuhin Co Days Inventory Calculation

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

Wakou Shokuhin 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
=( (1346.365 + 1680.444) / 2 ) / 9845.257*365
=1513.4045 / 9845.257*365
=56.11

Wakou Shokuhin 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
=( (1881.717 + 1942.674) / 2 ) / 3055.101*365 / 4
=1912.1955 / 3055.101*365 / 4
=57.11

* 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.


Wakou Shokuhin Co  (TSE:2813) 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.

Wakou Shokuhin Co's Inventory Turnover for the three 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.

Wakou Shokuhin Co's Inventory to Revenue for the three 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.


Wakou Shokuhin Co Days Inventory Related Terms

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Wakou Shokuhin Co (TSE:2813) Business Description

Traded in Other Exchanges
N/A
Address
Hokkaido Otaru City 3-2 Chuetsu 3, Hokkaido, JPN
Wakou Shokuhin Co Ltd is engaged in manufacture and sales of various soup and natural extracts. The category of food products includes soy sauce ramen soup, tonkotsu ramen soup, tsukemen soup, and noodle soup.

Wakou Shokuhin Co (TSE:2813) Headlines

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