Days Inventory is also known as Days Sales of Inventory (DSI). KMG Chemicals's Average Total Inventories for the
three
months ended in Jul. 2018 was $54.2 Mil. KMG Chemicals's Cost of Goods Sold for the
three
months ended in Jul. 2018 was $71.0 Mil.
Hence, KMG Chemicals's Days Inventory for the
three
months ended in Jul. 2018 was 69.64.
The historical rank and industry rank for KMG Chemicals's Days Inventory or its related term are showing as below:
KMG's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 83.73 * Ranked among companies with meaningful Days Inventory only.
KMG Chemicals's Days Inventory
increased
from Jul. 2017 (65.43) to Jul. 2018 (69.64).
It might indicate that KMG Chemicals's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
KMG Chemicals's Inventory Turnover for the
three
months ended in Jul. 2018 was 1.31.
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.
KMG Chemicals's Inventory-to-Revenue for the
three
months ended in Jul. 2018 was 0.44.
KMG Chemicals Days Inventory Historical Data
The historical data trend for KMG Chemicals'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 KMG Chemicals's Days Inventory
For the Specialty Chemicals subindustry, KMG Chemicals'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.
KMG Chemicals's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, KMG Chemicals's Days Inventory distribution charts can be found below:
* The bar in red indicates where KMG Chemicals's Days Inventory falls into.
KMG Chemicals Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
KMG Chemicals's Days Inventory for the fiscal year that ended in Jul. 2018 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.
KMG Chemicals (NYSE:KMG) 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.
KMG Chemicals's Inventory Turnover for the
three
months ended in Jul. 2018 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.
KMG Chemicals's Inventory to Revenue for the
three
months ended in Jul. 2018 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.
KMG Chemicals Days Inventory Related Terms
Thank you for viewing the detailed overview of KMG Chemicals's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
KMG Chemicals (KMG Chemicals) Business Description
KMG Chemicals Inc manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into two segments based on product type. The electronic chemicals segment, which generates the majority of revenue, sells chemicals primarily to manufacturers of semiconductors. The other chemicals segment sells industrial sealants and lubricants primarily to the oil and gas storage and distribution industry as well as wood treatment chemicals used primarily to treat utility poles and cross arms. The majority of revenue comes from the United States.
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