Days Inventory is also known as Days Sales of Inventory (DSI). Kesko Oyj's Average Total Inventories for the
three
months ended in Mar. 2024 was $1,209 Mil. Kesko Oyj's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $2,591 Mil.
Hence, Kesko Oyj's Days Inventory for the
three
months ended in Mar. 2024 was 42.58.
The historical rank and industry rank for Kesko Oyj's Days Inventory or its related term are showing as below:
KKOYY'
s Days Inventory Range Over the Past 10 Years
Min: 32.64 Med: 36.79 Max: 41.98
Current: 41.98
During the past 13 years, Kesko Oyj's highest Days Inventory was 41.98. The lowest was 32.64. And the median was 36.79.
KKOYY's Days Inventory is ranked worse than 56.44% of 303
companies
in the Retail - Defensive industry
Industry Median: 36.41
vs KKOYY: 41.98
Kesko Oyj's Days Inventory
declined
from Mar. 2023 (44.11) to Mar. 2024 (42.58).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kesko Oyj's Inventory Turnover for the
three
months ended in Mar. 2024 was 2.14.
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.
Kesko Oyj's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.40.
Kesko Oyj Days Inventory Historical Data
The historical data trend for Kesko Oyj'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.
Competitive Comparison of Kesko Oyj's Days Inventory
For the Grocery Stores subindustry, Kesko Oyj'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.
Kesko Oyj's Days Inventory Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Kesko Oyj's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kesko Oyj's Days Inventory falls into.
Kesko Oyj Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kesko Oyj's Days Inventory for the fiscal year 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.
Kesko Oyj (OTCPK:KKOYY) 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.
Kesko Oyj's Inventory Turnover for the
three
months ended in Mar. 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.
Kesko Oyj's Inventory to Revenue for the
three
months ended in Mar. 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.
Kesko Oyj Days Inventory Related Terms
Thank you for viewing the detailed overview of Kesko Oyj's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the most revenue.
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