GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kerry Logistics Network Ltd (HKSE:00636) » Definitions » Days Inventory

Kerry Logistics Network (HKSE:00636) Days Inventory : 4.35 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Kerry Logistics Network Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kerry Logistics Network's Average Total Inventories for the six months ended in Dec. 2023 was HK$460 Mil. Kerry Logistics Network's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$19,321 Mil. Hence, Kerry Logistics Network's Days Inventory for the six months ended in Dec. 2023 was 4.35.

The historical rank and industry rank for Kerry Logistics Network's Days Inventory or its related term are showing as below:

HKSE:00636' s Days Inventory Range Over the Past 10 Years
Min: 2.03   Med: 4.19   Max: 6.73
Current: 4.01

During the past 12 years, Kerry Logistics Network's highest Days Inventory was 6.73. The lowest was 2.03. And the median was 4.19.

HKSE:00636's Days Inventory is ranked better than
74.71% of 779 companies
in the Transportation industry
Industry Median: 11.4 vs HKSE:00636: 4.01

Kerry Logistics Network's Days Inventory increased from Dec. 2022 (2.82) to Dec. 2023 (4.35). It might indicate that Kerry Logistics Network's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kerry Logistics Network's Inventory Turnover for the six months ended in Dec. 2023 was 41.99.

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. Kerry Logistics Network's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.


Kerry Logistics Network Days Inventory Historical Data

The historical data trend for Kerry Logistics Network'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.

Kerry Logistics Network Days Inventory Chart

Kerry Logistics Network 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 4.75 3.69 2.03 2.13 3.83

Kerry Logistics Network 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 1.88 1.81 2.82 3.90 4.35

Competitive Comparison of Kerry Logistics Network's Days Inventory

For the Integrated Freight & Logistics subindustry, Kerry Logistics Network'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.


Kerry Logistics Network's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kerry Logistics Network's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kerry Logistics Network's Days Inventory falls into.



Kerry Logistics Network Days Inventory Calculation

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

Kerry Logistics Network'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
=( (482.035 + 410.79) / 2 ) / 42506.403*365
=446.4125 / 42506.403*365
=3.83

Kerry Logistics Network'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
=( (509.479 + 410.79) / 2 ) / 19320.569*365 / 2
=460.1345 / 19320.569*365 / 2
=4.35

* 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.


Kerry Logistics Network  (HKSE:00636) 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.

Kerry Logistics Network'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.

Kerry Logistics Network'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.


Kerry Logistics Network Days Inventory Related Terms

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


Kerry Logistics Network (HKSE:00636) Business Description

Traded in Other Exchanges
Address
55 Wing Kei Road, 16th Floor, Kerry Cargo Centre, New Territories, Kwai Chung, Hong Kong, HKG
Kerry Logistics Network, or KLN, is a leading Asian diversified logistics service provider with a global presence. KLN is the number one non-vessel operating common carrier, or NVOCC, by volume for transpacific trades in 2022. Its business consists of international freight forwarding (air freight, ocean freight, and cross-border road freight forwarding services), integrated logistics mainly across Asia, and e-commerce and express delivery services. KLN has been majority owned by and consolidated under the international segment of China's leading logistics company S.F. Holding, or SF, since September 2021.
Executives
Wang Wei 2201 Interest of corporation controlled by you
Shen Zhen Ming De Kong Gu Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Shun Feng Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Kerry Group Limited 2201 Interest of corporation controlled by you
Kerry Properties Limited 2101 Beneficial owner
Flourish Harmony Holdings Company Limited 2101 Beneficial owner

Kerry Logistics Network (HKSE:00636) Headlines

No Headlines