Beauty Kadan Holdings Co (TSE:3041) Days Inventory : 4.88 (As of Mar. 2024)

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What is Beauty Kadan Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beauty Kadan Holdings Co's Average Total Inventories for the three months ended in Mar. 2024 was 円83 Mil. Beauty Kadan Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,556 Mil. Hence, Beauty Kadan Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 4.88.

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

TSE:3041' s Days Inventory Range Over the Past 10 Years
Min: 2.46 Med: 4.29 Max: 5.18
Current: 5.11

During the past 13 years, Beauty Kadan Holdings Co's highest Days Inventory was 5.18. The lowest was 2.46. And the median was 4.29.

TSE:3041's Days Inventory is ranked better than
80.23% of 86 companies
in the Personal Services industry
Industry Median: 15.985 vs TSE:3041: 5.11

Beauty Kadan Holdings Co's Days Inventory increased from Mar. 2023 (4.76) to Mar. 2024 (4.88). It might indicate that Beauty Kadan Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beauty Kadan Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 was 18.70.

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. Beauty Kadan Holdings Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.04.

Beauty Kadan Holdings Co Days Inventory Historical Data

The historical data trend for Beauty Kadan Holdings 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.

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Beauty Kadan Holdings Co Days Inventory Chart

Beauty Kadan Holdings Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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4.48

5.18

5.00

4.67

4.68

Beauty Kadan Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															4.76	5.84	4.96	5.06	4.88

Competitive Comparison of Beauty Kadan Holdings Co's Days Inventory

For the Personal Services subindustry, Beauty Kadan Holdings 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.

Beauty Kadan Holdings Co's Days Inventory Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Beauty Kadan Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beauty Kadan Holdings Co's Days Inventory falls into.

Beauty Kadan Holdings Co Days Inventory Calculation

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

Beauty Kadan Holdings Co's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (64.598	+	75.674)	/	2 )	/	5472.041	*	365
=	70.136					/	5472.041	*	365
=	4.68

Beauty Kadan Holdings Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (86.603	+	79.891)	/	2 )	/	1556.333	*	365 / 4
=	83.247					/	1556.333	*	365 / 4
=	4.88

Beauty Kadan Holdings Co (TSE:3041) 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.

Beauty Kadan Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1556.333	/	83.247
	=	18.70

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.

Beauty Kadan Holdings Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	83.247	/	1860.741
	=	0.04

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.

Beauty Kadan Holdings Co Days Inventory Related Terms

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

Beauty Kadan Holdings Co (TSE:3041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Beauty Kadan Holdings Co Ltd (TSE:3041) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-46, Distribution Danchi, Minami-ku, Kumamoto Ryutsudanchi, Kumamoto, JPN, 862-0967

Website

https://www.beauty-kadan.co.jp

Beauty Kadan Holdings Co Ltd formerly Beauty Kadan Co Ltd offers planning and setting up of flower-arrangement altars for funerals and other events. The company also wholesales fresh flowers and bridal flower business. It also has other businesses which includes System development business and Ceremonial business.

Beauty Kadan Holdings Co (TSE:3041) Headlines

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