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Kratos Defense & Security Solutions (FRA:WF5A) Days Inventory

: 69.96 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Kratos Defense & Security Solutions's Average Total Inventories for the three months ended in Dec. 2023 was €141.9 Mil. Kratos Defense & Security Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was €185.1 Mil. Hence, Kratos Defense & Security Solutions's Days Inventory for the three months ended in Dec. 2023 was 69.96.

The historical rank and industry rank for Kratos Defense & Security Solutions's Days Inventory or its related term are showing as below:

FRA:WF5A' s Days Inventory Range Over the Past 10 Years
Min: 37.33   Med: 45.22   Max: 67.6
Current: 67.6

During the past 13 years, Kratos Defense & Security Solutions's highest Days Inventory was 67.60. The lowest was 37.33. And the median was 45.22.

FRA:WF5A's Days Inventory is ranked better than
76.74% of 288 companies
in the Aerospace & Defense industry
Industry Median: 138.905 vs FRA:WF5A: 67.60

Kratos Defense & Security Solutions's Days Inventory increased from Dec. 2022 (61.73) to Dec. 2023 (69.96). It might indicate that Kratos Defense & Security Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kratos Defense & Security Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 1.30.

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. Kratos Defense & Security Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.57.


Kratos Defense & Security Solutions Days Inventory Historical Data

The historical data trend for Kratos Defense & Security Solutions'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.

Kratos Defense & Security Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.95 49.64 52.01 57.40 67.77

Kratos Defense & Security Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 61.73 69.03 66.55 66.63 69.96

Competitive Comparison

For the Aerospace & Defense subindustry, Kratos Defense & Security Solutions'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.


Kratos Defense & Security Solutions Days Inventory Distribution

For the Aerospace & Defense industry and Industrials sector, Kratos Defense & Security Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kratos Defense & Security Solutions's Days Inventory falls into.



Kratos Defense & Security Solutions Days Inventory Calculation

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

Kratos Defense & Security Solutions'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
=( (118.472 + 143.235) / 2 ) / 704.715*365
=130.8535 / 704.715*365
=67.77

Kratos Defense & Security Solutions'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (140.644 + 143.235) / 2 ) / 185.143*365 / 4
=141.9395 / 185.143*365 / 4
=69.96

* 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.


Kratos Defense & Security Solutions  (FRA:WF5A) 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.

Kratos Defense & Security Solutions'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.

Kratos Defense & Security Solutions'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.


Kratos Defense & Security Solutions Days Inventory Related Terms

Thank you for viewing the detailed overview of Kratos Defense & Security Solutions's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Kratos Defense & Security Solutions (FRA:WF5A) Business Description

Traded in Other Exchanges
Address
1 Chisholm Trail, Suite 300, Round Rock, TX, USA, 78681
Kratos Defense & Security Solutions Inc develops and fields transformative, affordable technology, platforms, and systems. The company has two segments; The Kratos Government Solutions (KGS) segment is comprised of an aggregation of KGS operating segments, including its microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services operating segments and The Unmanned Systems segment consists of unmanned aerial, unmanned ground, unmanned seaborne and related command, control, and communications system businesses. The company derives a majority of its revenue from the Kratos Government Solutions segment.

Kratos Defense & Security Solutions (FRA:WF5A) Headlines

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