Eastman Kodak Co (Eastman Kodak Co) Days Inventory

: 91.25 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Eastman Kodak Co's Average Total Inventories for the three months ended in Dec. 2023 was $228 Mil. Eastman Kodak Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $228 Mil. Hence, Eastman Kodak Co's Days Inventory for the three months ended in Dec. 2023 was 91.25.

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

KODK' s Days Inventory Range Over the Past 10 Years
Min: 76.36 Med: 79.48 Max: 96.26
Current: 96.26

During the past 13 years, Eastman Kodak Co's highest Days Inventory was 96.26. The lowest was 76.36. And the median was 79.48.

KODK's Days Inventory is ranked worse than
72.73% of 682 companies
in the Business Services industry
Industry Median: 29.72 vs KODK: 96.26

Eastman Kodak Co's Days Inventory increased from Dec. 2022 (88.81) to Dec. 2023 (91.25). It might indicate that Eastman Kodak Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eastman Kodak Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.00.

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. Eastman Kodak Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.83.

Eastman Kodak Co Days Inventory Historical Data

The historical data trend for Eastman Kodak 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.

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Eastman Kodak Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

76.79

85.94

78.66

80.41

91.35

Eastman Kodak Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																88.81	97.65	98.92	102.29	91.25

Competitive Comparison

For the Specialty Business Services subindustry, Eastman Kodak 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.

Eastman Kodak Co Days Inventory Distribution

For the Business Services industry and Industrials sector, Eastman Kodak Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Eastman Kodak Co's Days Inventory falls into.

Eastman Kodak Co Days Inventory Calculation

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

Eastman Kodak Co'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
=	( (237	+	217)	/	2 )	/	907	*	365
=	227					/	907	*	365
=	91.35

Eastman Kodak Co'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
=	( (239	+	217)	/	2 )	/	228	*	365 / 4
=	228					/	228	*	365 / 4
=	91.25

Eastman Kodak Co (NYSE:KODK) 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.

Eastman Kodak Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	228	/	228
	=	1.00

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.

Eastman Kodak Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	228	/	275
	=	0.83

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.

Eastman Kodak Co Days Inventory Related Terms

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Eastman Kodak Co (Eastman Kodak Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Eastman Kodak Co (NYSE:KODK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

KODN:Germany

Address

343 State Street, Rochester, NY, USA, 14650

Website

https://www.kodak.com

Eastman Kodak Co is a United States-based company. The company operates via several business segments: Traditional Printing, Digital Printing, Brand and Advanced Materials and Chemicals. The Traditional Printing segment which derives the majority of revenue offers digital and traditional products and services to various businesses, such as commercial print and book publishing, and this segment contributes over half of the total revenue. The company has a global business presence, with overseas markets accounting for a majority of revenue.

Executives

Philippe D Katz	director	160 BROADWAY, NEW YORK NY 10038
David Bovenzi	director	C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Michael Sileck	director	C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Randy Vandagriff	officer: Vice President	EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Kennedy Lewis Investment Management Llc	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Lp	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Iii Lp	director	111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kennedy Lewis Gp Iii Llc	director	111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kathleen B. Lynch	director	C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Richard T Michaels	officer: CAO and Corp. Controller	C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Darren Richman	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
David Chene	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Management Lp	director	225 LIBERTY STREET, SUITE 4210, NEW YORK NY 10281
Klm Gp Llc	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Investment Holdings Llc	director	111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120