Days Inventory is also known as Days Sales of Inventory (DSI). WK Kellogg Co's Average Total Inventories for the
three
months ended in Mar. 2024 was $337 Mil. WK Kellogg Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $504 Mil.
Hence, WK Kellogg Co's Days Inventory for the
three
months ended in Mar. 2024 was 60.92.
The historical rank and industry rank for WK Kellogg Co's Days Inventory or its related term are showing as below:
KLG'
s Days Inventory Range Over the Past 10 Years
Min: 50.3 Med: 63.19 Max: 70.49
Current: 63.76
During the past 4 years, WK Kellogg Co's highest Days Inventory was 70.49. The lowest was 50.30. And the median was 63.19.
KLG's Days Inventory is ranked better than 64.22% of 1786
companies
in the Consumer Packaged Goods industry
Industry Median: 82.22
vs KLG: 63.76
WK Kellogg Co's Days Inventory
declined
from Mar. 2023 (68.02) to Mar. 2024 (60.92).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
WK Kellogg Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.50.
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.
WK Kellogg Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.48.
WK Kellogg Co Days Inventory Historical Data
The historical data trend for WK Kellogg Co'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 WK Kellogg Co's Days Inventory
For the Packaged Foods subindustry, WK Kellogg Co'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.
WK Kellogg Co's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, WK Kellogg Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where WK Kellogg Co's Days Inventory falls into.
WK Kellogg Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
WK Kellogg Co'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.
WK Kellogg Co (NYSE:KLG) 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.
WK Kellogg Co'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.
WK Kellogg Co'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.
WK Kellogg Co Days Inventory Related Terms
Thank you for viewing the detailed overview of WK Kellogg Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
WK Kellogg Co (WK Kellogg Co) Business Description
WK Kellogg is the second-largest cereal manufacturer in North America. Its cereal brands include Special K, Frosted Flakes, Raisin Bran, Froot Loops, Frosted Mini Wheats, Kashi, Corn Flakes, Rice Krispies, Apple Jacks, and Bear Naked. The company was spun off from the former Kellogg business, now known as Kellanova, where the former firm's global snacks portfolio and international cereal are now housed. WK Kellogg, which began trading in October 2023, generates the bulk of its sales (about 88% of its proforma fiscal 2022 base) from its home turf.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
KLG has been successfully added to your 