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Kingspan Group (LTS:0KGP) Days Inventory : 67.61 (As of Dec. 2023)


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What is Kingspan Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kingspan Group's Average Total Inventories for the six months ended in Dec. 2023 was €1,055 Mil. Kingspan Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €2,848 Mil. Hence, Kingspan Group's Days Inventory for the six months ended in Dec. 2023 was 67.61.

The historical rank and industry rank for Kingspan Group's Days Inventory or its related term are showing as below:

LTS:0KGP' s Days Inventory Range Over the Past 10 Years
Min: 49.18   Med: 58.25   Max: 70.78
Current: 70.78

During the past 13 years, Kingspan Group's highest Days Inventory was 70.78. The lowest was 49.18. And the median was 58.25.

LTS:0KGP's Days Inventory is ranked worse than
59.66% of 1393 companies
in the Construction industry
Industry Median: 48.96 vs LTS:0KGP: 70.78

Kingspan Group's Days Inventory declined from Dec. 2022 (77.02) to Dec. 2023 (67.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kingspan Group's Inventory Turnover for the six months ended in Dec. 2023 was 2.70.

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. Kingspan Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.26.


Kingspan Group Days Inventory Historical Data

The historical data trend for Kingspan Group'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.

Kingspan Group Days Inventory Chart

Kingspan Group 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 59.79 60.83 64.68 70.76 69.82

Kingspan Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 67.69 75.03 77.02 74.86 67.61

Competitive Comparison of Kingspan Group's Days Inventory

For the Building Products & Equipment subindustry, Kingspan Group'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.


Kingspan Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kingspan Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kingspan Group's Days Inventory falls into.



Kingspan Group Days Inventory Calculation

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

Kingspan Group'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
=( (1235.8 + 964.3) / 2 ) / 5750.9*365
=1100.05 / 5750.9*365
=69.82

Kingspan Group'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1145.7 + 964.3) / 2 ) / 2847.9*365 / 2
=1055 / 2847.9*365 / 2
=67.61

* 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.


Kingspan Group  (LTS:0KGP) 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.

Kingspan Group's Inventory Turnover for the six 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.

Kingspan Group's Inventory to Revenue for the six 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.


Kingspan Group Days Inventory Related Terms

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


Kingspan Group (LTS:0KGP) Business Description

Traded in Other Exchanges
Address
Dublin Road, Kingscourt, County Cavan, IRL, A82 XY31
Kingspan Group PLC manufactures and sells building supplies to the commercial, residential, and data storage industries throughout the world. The company organizes itself in five segments. The Insulated Panels segment, which generates the majority of revenue, sells insulated panels, structural frames, and metal facades. The Insulation segment sells insulation boards, building series insulation, and engineered timber systems. The Light and Air segment manufacture day-lighting, smoke management, and ventilation systems. The Water and Energy segment manufacture energy and water solutions and all related service activities, and Data and Flooring Technology manufacture data center storage solutions and raised access floors. and Roofing and Waterproof segment.

Kingspan Group (LTS:0KGP) Headlines

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