Days Inventory is also known as Days Sales of Inventory (DSI). Key Tronic's Average Total Inventories for the
three
months ended in Dec. 2023 was $125.4 Mil. Key Tronic's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $133.7 Mil.
Hence, Key Tronic's Days Inventory for the
three
months ended in Dec. 2023 was 85.63.
The historical rank and industry rank for Key Tronic's Days Inventory or its related term are showing as below:
KTCC'
s Days Inventory Range Over the Past 10 Years
Min: 65.72 Med: 91.7 Max: 109.47
Current: 91.62
During the past 13 years, Key Tronic's highest Days Inventory was 109.47. The lowest was 65.72. And the median was 91.70.
KTCC's Days Inventory is ranked better than 56.34% of 2407
companies
in the Hardware industry
Industry Median: 102.53
vs KTCC: 91.62
Key Tronic's Days Inventory
declined
from Dec. 2022 (135.55) to Dec. 2023 (85.63).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Key Tronic's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.07.
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.
Key Tronic's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.86.
Key Tronic Days Inventory Historical Data
The historical data trend for Key Tronic'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 Key Tronic's Days Inventory
For the Computer Hardware subindustry, Key Tronic'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.
Key Tronic's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Key Tronic's Days Inventory distribution charts can be found below:
* The bar in red indicates where Key Tronic's Days Inventory falls into.
Key Tronic Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Key Tronic's Days Inventory for the fiscal year that ended in Jun. 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.
Key Tronic (NAS:KTCC) 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.
Key Tronic'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.
Key Tronic'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.
Key Tronic Days Inventory Related Terms
Thank you for viewing the detailed overview of Key Tronic's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Key Tronic Corp is an electronic manufacturing service provider. The company provides electronic manufacturing services to original equipment manufacturers in the United States and globally. Its primary services include integrated electronic and mechanical engineering, precision plastic molding, sheet metal fabrication, printed circuit board (PCB) and complete product assembly, component selection, sourcing and procurement, logistics, and new product testing and production. The firm derives a majority of its revenue from the United States.
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