What is Kaival Brands Innovations Group Days Inventory?
Days Inventory is also known as Days Sales of Inventory (DSI). Kaival Brands Innovations Group's Average Total Inventories for the
three
months ended in Jan. 2024 was $3.07 Mil. Kaival Brands Innovations Group's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $2.01 Mil.
Hence, Kaival Brands Innovations Group's Days Inventory for the
three
months ended in Jan. 2024 was 138.87.
The historical rank and industry rank for Kaival Brands Innovations Group's Days Inventory or its related term are showing as below:
KAVL'
s Days Inventory Range Over the Past 10 Years
Min: 0.04 Med: 75.98 Max: 262.44
Current: 118.64
During the past 6 years, Kaival Brands Innovations Group's highest Days Inventory was 262.44. The lowest was 0.04. And the median was 75.98.
KAVL's Days Inventory is ranked better than 50.98% of 51
companies
in the Tobacco Products industry
Industry Median: 126.03
vs KAVL: 118.64
Kaival Brands Innovations Group's Days Inventory
increased
from Jan. 2023 (114.89) to Jan. 2024 (138.87).
It might indicate that Kaival Brands Innovations Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kaival Brands Innovations Group's Inventory Turnover for the
three
months ended in Jan. 2024 was 0.66.
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.
Kaival Brands Innovations Group's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.95.
Kaival Brands Innovations Group Days Inventory Historical Data
The historical data trend for Kaival Brands Innovations Group'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.
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Kaival Brands Innovations Group Days Inventory Chart
Competitive Comparison of Kaival Brands Innovations Group's Days Inventory
For the Tobacco subindustry, Kaival Brands Innovations Group'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.
Kaival Brands Innovations Group's Days Inventory Distribution in the Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Kaival Brands Innovations Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kaival Brands Innovations Group's Days Inventory falls into.
Kaival Brands Innovations Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kaival Brands Innovations Group's Days Inventory for the fiscal year that ended in Oct. 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.
Kaival Brands Innovations Group (NAS:KAVL) 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.
Kaival Brands Innovations Group's Inventory Turnover for the
three
months ended in Jan. 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.
Kaival Brands Innovations Group's Inventory to Revenue for the
three
months ended in Jan. 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.
Kaival Brands Innovations Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Kaival Brands Innovations Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Kaival Brands Innovations Group (Kaival Brands Innovations Group) Business Description
Kaival Brands Innovations Group Inc is focused on growing and incubating innovative and profitable products. The company is engaged in the business of developing electronic nicotine delivery systems and related components. Its primary product includes Bidi Stick. The BIDI Stick comes in a variety of flavor options for adult cigarette smokers.
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