GKN (GKNLY) Days Inventory : 0.00 (As of Dec. 2017)

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What is GKN Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GKN's Average Total Inventories for the six months ended in Dec. 2017 was $1,933 Mil. GKN's Cost of Goods Sold for the six months ended in Dec. 2017 was $-160 Mil.

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

GKNLY's Days Inventory is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 81.39
* Ranked among companies with meaningful Days Inventory only.

GKN's Days Inventory stayed the same from Dec. 2016 (0.00) to Dec. 2017 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. GKN's Inventory Turnover for the six months ended in Dec. 2017 was -0.08.

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. GKN's Inventory-to-Revenue for the six months ended in Dec. 2017 was 0.30.

GKN Days Inventory Historical Data

The historical data trend for GKN'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.

GKN Days Inventory Chart

GKN Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Inventory

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103.25

115.21

126.15

136.75

115.55

GKN Semi-Annual Data
	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17
Days Inventory	Get a 7-Day Free Trial															-	61.08	-	59.35	-

Competitive Comparison of GKN's Days Inventory

For the Auto Parts subindustry, GKN'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.

GKN's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GKN's Days Inventory distribution charts can be found below:

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

GKN Days Inventory Calculation

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

GKN's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

	Days Inventory (A: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (1786.517	+	1918.231)	/	2 )	/	5851.206	*	365
=	1852.374					/	5851.206	*	365
=	115.55

GKN's Days Inventory for the quarter that ended in Dec. 2017 is calculated as:

	Days Inventory (Q: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
=	( (1947.503	+	1918.231)	/	2 )	/	-159.518	*	365 / 2
=	1932.867					/	-159.518	*	365 / 2
=	N/A

GKN (OTCPK:GKNLY) 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.

GKN's Inventory Turnover for the six months ended in Dec. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-159.518	/	1932.867
	=	-0.08

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.

GKN's Inventory to Revenue for the six months ended in Dec. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1932.867	/	6423.592
	=	0.30

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.

GKN Days Inventory Related Terms

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

GKN (GKNLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » GKN PLC (OTCPK:GKNLY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ipsley House, Ipsley Church Lane, PO Box 55, Redditch, Worcs, GBR, B98 0TL

Website

http://www.gkn.com

GKN is a British engineering company specialising in manufacture and service of systems and components with aerospace and automotive applications. In 2017, GKN generated GBP 9.7 billion in revenue. About 50% of revenue comes from Driveline, 35% from Aerospace, and 11% from Powder Metallurgy, while Other Business generates the remaining 4% of sales.

GKN (GKNLY) Headlines

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Bestinver Comments on GKN

By Holly LaFon Holly LaFon • 07-03-2018