KULR Technology Group (KULR Technology Group) Days Inventory : 74.61 (As of Dec. 2023)

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What is KULR Technology Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KULR Technology Group's Average Total Inventories for the three months ended in Dec. 2023 was $1.35 Mil. KULR Technology Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.65 Mil. Hence, KULR Technology Group's Days Inventory for the three months ended in Dec. 2023 was 74.61.

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

KULR' s Days Inventory Range Over the Past 10 Years
Min: 13 Med: 40.74 Max: 240.91
Current: 91.3

During the past 9 years, KULR Technology Group's highest Days Inventory was 240.91. The lowest was 13.00. And the median was 40.74.

KULR's Days Inventory is ranked better than
56.59% of 2405 companies
in the Hardware industry
Industry Median: 103.77 vs KULR: 91.30

KULR Technology Group's Days Inventory declined from Dec. 2022 (696.16) to Dec. 2023 (74.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. KULR Technology Group's Inventory Turnover for the three months ended in Dec. 2023 was 1.22.

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. KULR Technology Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.58.

KULR Technology Group Days Inventory Historical Data

The historical data trend for KULR Technology 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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KULR Technology Group Days Inventory Chart

KULR Technology Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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29.88

79.60

40.74

240.91

92.11

KULR Technology Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															696.16	148.35	82.15	78.48	74.61

Competitive Comparison of KULR Technology Group's Days Inventory

For the Electronic Components subindustry, KULR Technology 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.

KULR Technology Group's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where KULR Technology Group's Days Inventory falls into.

KULR Technology Group Days Inventory Calculation

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

KULR Technology Group'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
=	( (1.962	+	1.149)	/	2 )	/	6.164	*	365
=	1.5555					/	6.164	*	365
=	92.11

KULR Technology Group'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
=	( (1.551	+	1.149)	/	2 )	/	1.651	*	365 / 4
=	1.35					/	1.651	*	365 / 4
=	74.61

KULR Technology Group (AMEX:KULR) 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.

KULR Technology Group's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.651	/	1.35
	=	1.22

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.

KULR Technology Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.35	/	2.334
	=	0.58

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.

KULR Technology Group Days Inventory Related Terms

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

KULR Technology Group (KULR Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » KULR Technology Group Inc (AMEX:KULR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4863 Shawline Street, San Diego, CA, USA, 92111

Website

https://www.kulrtechnology.com

KULR Technology Group Inc develops and commercializes high-performance thermal management technologies for electronics, batteries, and other components. The company is focused on targeting the following applications: electric vehicles and autonomous driving systems; artificial intelligence and Cloud computing; energy storage; and 5G communication technologies. Its product portfolio includes ARA Thermal Capacitor, CRUX Cathode, HYDRA Thermal Runaway Shield, LYRA ISC Trigger Cell, URSA Fiber Thermal Interface, and VEGA Internal Short Circuit.

Executives

Michael Mo	director, 10 percent owner, officer: CEO	14440 BIG BASIN WAY, #12, SARATOGA CA 95070
Timothy Ray Knowles	director, officer: Chief Technical Officer	C/O KT HIGH-TECH MARKETING INC., 14440 BIG BASIN WAY #12, SARATOGA CA 95070
Shawn Canter	officer: Chief Financial Officer	4863 SHAWLINE STREET, SAN DIEGO CA 92111
William Quinn Walker	officer: Chief Technology Officer	626 BEALS CREEK LANE, WEBSTER TX 77598
Terry Keith Cochran	officer: President and COO	1999 S BASCOM AVE, SUITE 700, CAMPBELL CA 95008
Stayce D. Harris	director	1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Joanna D. Massey	director	1999 S. BASCOM AVE, SUITE 700, CAMPBELL CA 95008
Morio Kurosaki	director	1-2-14 ICHIGAYASADOHARA, SHINJUKU-KU, TOKYO M0 162-0842
Simon P Westbrook	officer: Chief Financial Officer	4920 EL CAMINO REAL, STE 100, LOS ALTOS CA 94022
George Ernest Henschke	officer: Interim Prin. Fin. Off., Treas	C/O KT HIGH-TECH MARKETING INC., 14440 BIG BASIN WAY #12, SARATOGA CA 95070
Michael Gerald Carpenter	officer: Vice President of Engineering	C/O KT HIGH-TECH MARKETING INC., 14440 BIG BASIN WAY #12, SARATOGA CA 95070
James M Cassidy	director, 10 percent owner, officer: president,secretary,treasurer	215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop	director, 10 percent owner, officer: VP	9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212