Days Inventory is also known as Days Sales of Inventory (DSI). Kitron ASA's Average Total Inventories for the
three
months ended in Dec. 2023 was €175.4 Mil. Kitron ASA's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €134.7 Mil.
Hence, Kitron ASA's Days Inventory for the
three
months ended in Dec. 2023 was 118.82.
The historical rank and industry rank for Kitron ASA's Days Inventory or its related term are showing as below:
FRA:KP5'
s Days Inventory Range Over the Past 10 Years
Min: 68.51 Med: 103.27 Max: 126.52
Current: 121.53
During the past 13 years, Kitron ASA's highest Days Inventory was 126.52. The lowest was 68.51. And the median was 103.27.
FRA:KP5's Days Inventory is ranked worse than 58.99% of 2409
companies
in the Hardware industry
Industry Median: 102.28
vs FRA:KP5: 121.53
Kitron ASA's Days Inventory
declined
from Dec. 2022 (134.83) to Dec. 2023 (118.82).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kitron ASA's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.77.
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.
Kitron ASA's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.88.
Kitron ASA Days Inventory Historical Data
The historical data trend for Kitron ASA'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 Kitron ASA's Days Inventory
For the Electronic Components subindustry, Kitron ASA'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.
Kitron ASA's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Kitron ASA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kitron ASA's Days Inventory falls into.
Kitron ASA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kitron ASA'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.
Kitron ASA (FRA:KP5) 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.
Kitron ASA'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.
Kitron ASA'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.
Kitron ASA Days Inventory Related Terms
Thank you for viewing the detailed overview of Kitron ASA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' own products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. The company has manufacturing facilities in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, and the United States. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets. The company operates in a single segment Electronics Manufacturing Services from which it earns the majority of its revenues.
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