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Key Tronic (Key Tronic) Change In Inventory : $47.6 Mil (TTM As of Dec. 2023)


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What is Key Tronic Change In Inventory?

Key Tronic's change in inventory for the quarter that ended in Dec. 2023 was $2.9 Mil. It means Key Tronic's inventory declined by $2.9 Mil from Sep. 2023 to Dec. 2023 .

Key Tronic's change in inventory for the fiscal year that ended in Jun. 2023 was $17.4 Mil. It means Key Tronic's inventory declined by $17.4 Mil from Jun. 2022 to Jun. 2023 .

Key Tronic's Total Inventories for the quarter that ended in Dec. 2023 was $124.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Key Tronic's Days Inventory for the quarter that ended in Dec. 2023 was 85.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Key Tronic's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.07.

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. Key Tronic's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.86.


Key Tronic Change In Inventory Historical Data

The historical data trend for Key Tronic's Change In 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.

Key Tronic Change In Inventory Chart

Key Tronic Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.42 -14.73 -23.06 -19.36 17.40

Key Tronic Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In 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 -2.64 17.79 15.98 10.87 2.94

Key Tronic Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $47.6 Mil.

* 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.


Key Tronic  (NAS:KTCC) Change In Inventory Explanation

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

Key Tronic's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=125.416/133.654*365 / 4
=85.63

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Key Tronic's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

3. 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.

Key Tronic's Inventory to Revenue for the quarter that 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.


Key Tronic Change In Inventory Related Terms

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Key Tronic (Key Tronic) Business Description

Traded in Other Exchanges
N/A
Address
4424 North Sullivan Road, Spokane Valley, WA, USA, 99216
Key Tronic Corp is an electronic manufacturing service provider. The company provides electronic manufacturing services to original equipment manufacturers in the United States and globally. Its primary services include integrated electronic and mechanical engineering, precision plastic molding, sheet metal fabrication, printed circuit board (PCB) and complete product assembly, component selection, sourcing and procurement, logistics, and new product testing and production. The firm derives a majority of its revenue from the United States.
Executives
Mark R Courtney officer: Vice President of Supply Chain 4424 N. SULLIVAN ROAD, SPOKANE VALLEY WA 99216
Subodh K Kulkarni director 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Thomas E. Despres officer: VP of Southwest Operations 4424 N. SULLIVAN ROAD, SPOKANE VALLEY WA 99216
Chad Thomas Orebaugh officer: Vice President of Engineering 4424 N. SULLIVAN ROAD, SPOKANE VALLEY WA 99216
David H. Knaggs officer: Vice President of Quality 4424 N. SULLIVAN ROAD, SPOKANE VALLEY WA 99216
Frank Iii Crispigna officer: VP of Supply Chain P.O. BOX 14687, SPOKANE VALLEY WA 99214-0687
Duane D Mackleit officer: VP of Program Management P.O. BOX 14687, SPOKANE VALLEY WA 99214-0687
James R Bean director 2227 E. SKIPPERLING LN, BOISE ID 83706
Craig D Gates director, officer: President & CEO
Douglas G Burkhardt officer: EVP of Worldwide Operations P.O. BOX 14687, SPOKANE VALLEY WA 99214-0687
Ronald F Klawitter director, officer: See Remarks
Kathleen L Nemeth officer: Secretary and General Counsel KEY TRONIC CORP, PO BOX 14687, SPOKANE WA 99214-0687
Lawrence J Bostwick officer: VP of Quality & Reg Affairs P.O. BOX 14687, SPOKANE VALLEY WA 99214-0687
Brett R. Larsen officer: VP of Finance & Controller P.O. BOX 14687, SPOKANE VALLEY WA 99216
Philip Scott Hochberg officer: EVP of Business Development P.O. BOX 14687, SPOKANE VALLEY WA 99214-0687