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Kobe Bussan Co (TSE:3038) Days Inventory : 16.35 (As of Jan. 2024)


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What is Kobe Bussan Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kobe Bussan Co's Average Total Inventories for the three months ended in Jan. 2024 was 円19,111 Mil. Kobe Bussan Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円106,673 Mil. Hence, Kobe Bussan Co's Days Inventory for the three months ended in Jan. 2024 was 16.35.

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

TSE:3038' s Days Inventory Range Over the Past 10 Years
Min: 11.6   Med: 13.1   Max: 17.42
Current: 16.28

During the past 13 years, Kobe Bussan Co's highest Days Inventory was 17.42. The lowest was 11.60. And the median was 13.10.

TSE:3038's Days Inventory is ranked better than
81.19% of 303 companies
in the Retail - Defensive industry
Industry Median: 35.99 vs TSE:3038: 16.28

Kobe Bussan Co's Days Inventory declined from Jan. 2023 (18.40) to Jan. 2024 (16.35).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kobe Bussan Co's Inventory Turnover for the three months ended in Jan. 2024 was 5.58.

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. Kobe Bussan Co's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.16.


Kobe Bussan Co Days Inventory Historical Data

The historical data trend for Kobe Bussan 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.

Kobe Bussan Co Days Inventory Chart

Kobe Bussan Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.75 11.60 14.45 17.42 17.21

Kobe Bussan Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 18.40 16.75 16.03 15.47 16.35

Competitive Comparison of Kobe Bussan Co's Days Inventory

For the Grocery Stores subindustry, Kobe Bussan 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.


Kobe Bussan Co's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kobe Bussan Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kobe Bussan Co's Days Inventory falls into.



Kobe Bussan Co Days Inventory Calculation

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

Kobe Bussan Co's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (19728 + 18824) / 2 ) / 408827*365
=19276 / 408827*365
=17.21

Kobe Bussan Co's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (18824 + 19398) / 2 ) / 106673*365 / 4
=19111 / 106673*365 / 4
=16.35

* 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.


Kobe Bussan Co  (TSE:3038) 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.

Kobe Bussan Co's Inventory Turnover for the three months ended in Jan. 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.

Kobe Bussan Co's Inventory to Revenue for the three months ended in Jan. 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.


Kobe Bussan Co Days Inventory Related Terms

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


Kobe Bussan Co (TSE:3038) Business Description

Traded in Other Exchanges
Address
883 Nakaishiki Inami-cho, Hyogo-ken, Kako-gun, JPN, 675-1127
Kobe Bussan Co.,Ltd. is a Japan-based company that operates through four business divisions. The Gyomu Super business, accounting for the majority of the company's revenue, is primarily in engaged in franchising supermarkets that provide merchandise produced at the company's own factories or imported from overseas. The Kobe Cook business operates through several formats, including Kobe Cook World Buffet stores, which are buffet-style restaurants; Green's K stores, which are small supermarkets offering ready-made meals; and Green's K Teppan Buffet stores, which are restaurants featuring a blend of buffet and self-cooking. The Kobe Cook Innoventure business is operated to promote restaurant business and offer food materials. The company also operates the Eco Renewable Energy business.

Kobe Bussan Co (TSE:3038) Headlines

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