ROYAL HOLDINGS Co (TSE:8179) Days Inventory : 23.14 (As of Mar. 2024)

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What is ROYAL HOLDINGS Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ROYAL HOLDINGS Co's Average Total Inventories for the three months ended in Mar. 2024 was 円2,739 Mil. ROYAL HOLDINGS Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円10,799 Mil. Hence, ROYAL HOLDINGS Co's Days Inventory for the three months ended in Mar. 2024 was 23.14.

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

TSE:8179' s Days Inventory Range Over the Past 10 Years
Min: 19.72 Med: 21.32 Max: 30.48
Current: 22.89

During the past 13 years, ROYAL HOLDINGS Co's highest Days Inventory was 30.48. The lowest was 19.72. And the median was 21.32.

TSE:8179's Days Inventory is ranked worse than
64.39% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs TSE:8179: 22.89

ROYAL HOLDINGS Co's Days Inventory declined from Mar. 2023 (26.36) to Mar. 2024 (23.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. ROYAL HOLDINGS Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.94.

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. ROYAL HOLDINGS Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.08.

ROYAL HOLDINGS Co Days Inventory Historical Data

The historical data trend for ROYAL 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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ROYAL HOLDINGS Co Days Inventory Chart

ROYAL HOLDINGS Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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21.49

30.38

30.07

30.48

25.22

ROYAL 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															26.36	23.87	22.77	23.44	23.14

Competitive Comparison of ROYAL HOLDINGS Co's Days Inventory

For the Restaurants subindustry, ROYAL 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.

ROYAL HOLDINGS Co's Days Inventory Distribution in the Restaurants Industry

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

* The bar in red indicates where ROYAL HOLDINGS Co's Days Inventory falls into.

ROYAL HOLDINGS Co Days Inventory Calculation

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

ROYAL HOLDINGS 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
=	( (2867	+	2989)	/	2 )	/	42381	*	365
=	2928					/	42381	*	365
=	25.22

ROYAL 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
=	( (2989	+	2489)	/	2 )	/	10799	*	365 / 4
=	2739					/	10799	*	365 / 4
=	23.14

ROYAL HOLDINGS Co (TSE:8179) 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.

ROYAL 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
	=	10799	/	2739
	=	3.94

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.

ROYAL HOLDINGS Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2739	/	35629
	=	0.08

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.

ROYAL HOLDINGS Co Days Inventory Related Terms

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

ROYAL HOLDINGS Co (TSE:8179) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » ROYAL HOLDINGS Co Ltd (TSE:8179) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

8179:Japan

Address

3-28-5 Naka, Hakata-ku, Fukuoka, JPN, 812-0893

Website

https://www.royal-holdings.co.jp

ROYAL HOLDINGS Co Ltd operates five core businesses in Japan: Restaurants, Hotels, Contract Food Services, In-Flight Catering, and Food Manufacturing. Royal's Restaurants business operates various brands, including Royal Host, Tenya, Cowboy Family, Shakey's, Sizzler, Hananoki, Royal Garden Café, pinkberry, The Third Café, and Rose Bakery. The company's Hotel business operates Richmond Hotels. Contract Food Services provides food in airports, highway service areas, department stores, and convention centers. In-Flight Catering provides meals for dozens of airlines worldwide. The Food Manufacturing business has two central kitchens in Japan that serve the company's other businesses.

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