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Kemet (KEM) Days Inventory : 114.84 (As of Mar. 2020)


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What is Kemet Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kemet's Average Total Inventories for the three months ended in Mar. 2020 was $253 Mil. Kemet's Cost of Goods Sold for the three months ended in Mar. 2020 was $201 Mil. Hence, Kemet's Days Inventory for the three months ended in Mar. 2020 was 114.84.

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

KEM's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 104.01
* Ranked among companies with meaningful Days Inventory only.

Kemet's Days Inventory increased from Mar. 2019 (94.37) to Mar. 2020 (114.84). It might indicate that Kemet's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kemet's Inventory Turnover for the three months ended in Mar. 2020 was 0.79.

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. Kemet's Inventory-to-Revenue for the three months ended in Mar. 2020 was 0.86.


Kemet Days Inventory Historical Data

The historical data trend for Kemet'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.

Kemet Days Inventory Chart

Kemet Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.90 101.10 74.71 87.97 105.22

Kemet Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 94.37 101.46 111.94 120.27 114.84

Competitive Comparison of Kemet's Days Inventory

For the Electronic Components subindustry, Kemet'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.


Kemet's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kemet's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kemet's Days Inventory falls into.



Kemet Days Inventory Calculation

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

Kemet's Days Inventory for the fiscal year that ended in Mar. 2020 is calculated as

Days Inventory (A: Mar. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2019 ) + Total Inventories (A: Mar. 2020 )) / count ) / Cost of Goods Sold (A: Mar. 2020 )*Days in Period
=( (241.129 + 243.21) / 2 ) / 840.066*365
=242.1695 / 840.066*365
=105.22

Kemet's Days Inventory for the quarter that ended in Mar. 2020 is calculated as:

Days Inventory (Q: Mar. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2019 ) + Total Inventories (Q: Mar. 2020 )) / count ) / Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=( (263.123 + 243.21) / 2 ) / 201.165*365 / 4
=253.1665 / 201.165*365 / 4
=114.84

* 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.


Kemet  (NYSE:KEM) 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.

Kemet's Inventory Turnover for the three months ended in Mar. 2020 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.

Kemet's Inventory to Revenue for the three months ended in Mar. 2020 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.


Kemet Days Inventory Related Terms

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


Kemet (KEM) Business Description

Traded in Other Exchanges
N/A
Address
One East Broward Boulevard, KEMET Tower, Fort Lauderdale, FL, USA, 33301
Kemet Corp together with its subsidiaries manufactures and sells passive electronic components under the KEMET brand worldwide and the TOKIN brand in Japan and Korea. Its product line consists of multilayer ceramic, tantalum, film, and aluminum (solid and electrolytic) capacitors, and Electro-Magnetic Compatible devices, sensors, and actuators. It serves to original equipment manufacturers, electronics manufacturing services providers, and electronics distributors. It has three reportable segments: Solid Capacitors, Film and Electrolytic, and MSA. A vast majority of its revenue is derived from the Solid Capacitors segment. It serves through four geographic regions: North America and South America, Europe, the Middle East, and Africa, Asia and the Pacific Rim and Japan and Korea.
Executives
Karen M Rogge director APPLIED MICRO CIRCUITS CORP, 4555 GREAT AMERICA PARKWAY, SUITE 601, SANTA CLARA CA 95054
Maddrey E Erwin Ii director 233 N MAIN STREET, SUITE 200, GREENVILLE SC 29601
Gurminder S Bedi director ONE CAMPUS MARTIUS, DETROIT MI 48226
Robert G Paul director 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Gregory C Thompson officer: Executive VP-CFO 1000 ABERNATHY ROAD N.E., STE 1200, ATLANTA GA 30328
Jacob Kotzubei director 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Lowe William M Jr director, officer: CEO P.O. BOX 5928, GREENVILLE SC 29606
Platinum Equity Llc 10 percent owner, other: See Footnote (3)(4)(5) 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Tom Gores 10 percent owner, other: See Footnote (3)(4)(5) C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Capital Partners Ii Lp 10 percent owner, other: See Footnote (3)(4)(5) 360 North Crescent Drive, Beverly Hills CA 90210
Joseph D Swann director C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Jeffrey A Graves director, officer: CEO C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422
William E Bachrach officer: Vice President, Business Devel 11 CABOT BOULEVARD MANSFIELD MA 02048
Citigroup Inc director 388 GREENWICH STREET, NEW YORK NY 10013
Iticorp director 399 PARK AVENUE, NEW YORK NY 10043