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Eastman Kodak Company (FRA:KOD) Days Inventory : 92.29 (As of Dec. 2023)


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What is Eastman Kodak Company Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eastman Kodak Company's Average Total Inventories for the three months ended in Dec. 2023 was €211 Mil. Eastman Kodak Company's Cost of Goods Sold for the three months ended in Dec. 2023 was €209 Mil. Hence, Eastman Kodak Company's Days Inventory for the three months ended in Dec. 2023 was 92.29.

The historical rank and industry rank for Eastman Kodak Company's Days Inventory or its related term are showing as below:

FRA:KOD' s Days Inventory Range Over the Past 10 Years
Min: 76.36   Med: 79.48   Max: 96.26
Current: 96.26

During the past 13 years, Eastman Kodak Company's highest Days Inventory was 96.26. The lowest was 76.36. And the median was 79.48.

FRA:KOD's Days Inventory is ranked worse than
72.94% of 680 companies
in the Business Services industry
Industry Median: 29.47 vs FRA:KOD: 96.26

Eastman Kodak Company's Days Inventory increased from Dec. 2022 (92.14) to Dec. 2023 (92.29). It might indicate that Eastman Kodak Company's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eastman Kodak Company's Inventory Turnover for the three months ended in Dec. 2023 was 0.99.

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. Eastman Kodak Company's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.84.


Eastman Kodak Company Days Inventory Historical Data

The historical data trend for Eastman Kodak Company'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.

Eastman Kodak Company Days Inventory Chart

Eastman Kodak Company Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.86 90.11 75.95 77.99 92.75

Eastman Kodak Company 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 92.14 98.16 99.51 101.51 92.29

Competitive Comparison of Eastman Kodak Company's Days Inventory

For the Specialty Business Services subindustry, Eastman Kodak Company'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.


Eastman Kodak Company's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Eastman Kodak Company's Days Inventory distribution charts can be found below:

* The bar in red indicates where Eastman Kodak Company's Days Inventory falls into.



Eastman Kodak Company Days Inventory Calculation

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

Eastman Kodak Company'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
=( (223.728 + 198.989) / 2 ) / 831.719*365
=211.3585 / 831.719*365
=92.75

Eastman Kodak Company'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
=( (223.943 + 198.989) / 2 ) / 209.076*365 / 4
=211.466 / 209.076*365 / 4
=92.29

* 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.


Eastman Kodak Company  (FRA:KOD) 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.

Eastman Kodak Company'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.

Eastman Kodak Company'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.


Eastman Kodak Company Days Inventory Related Terms

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


Eastman Kodak Company (FRA:KOD) Business Description

Traded in Other Exchanges
Address
343 State Street, Rochester, NY, USA, 14650
Eastman Kodak Co is a United States-based company. The company operates via several business segments: Traditional Printing, Digital Printing, Brand and Advanced Materials and Chemicals. The Traditional Printing segment which derives the majority of revenue offers digital and traditional products and services to various businesses, such as commercial print and book publishing, and this segment contributes over half of the total revenue. The company has a global business presence, with overseas markets accounting for a majority of revenue.