KARNF (Kernel Holding) Change In Inventory: $-215 Mil (TTM As of Mar. 2026)

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KARNF Kernel Holding SA KARNF
64 GF Score
Price $5.20
GF Value $3.52
! 1 Warning Sign
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What is Kernel Holding Change In Inventory?

Kernel Holding KARNF 64 Change In Inventory is $-215 Mil as of Mar. 2026. GuruFocus rates KARNF with a GF Score™ of 64/100 and a GF Value™ of $3.52. The stock has 1 warning sign investors should review.

Kernel Holding's change in inventory for the quarter that ended in Mar. 2026 was $4 Mil. It means Kernel Holding's inventory declined by $4 Mil from Dec. 2025 to Mar. 2026 .

Kernel Holding's change in inventory for the fiscal year that ended in Jun. 2025 was $-126 Mil. It means Kernel Holding's inventory increased by $126 Mil from Jun. 2024 to Jun. 2025 .

Kernel Holding's Total Inventories for the quarter that ended in Mar. 2026 was $747 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kernel Holding's Days Inventory for the quarter that ended in Mar. 2026 was 72.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kernel Holding's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.26.

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. Kernel Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.65.

Kernel Holding  (OTCPK:KARNF) Change In Inventory Explanation

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

Kernel Holding's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=769.4375/968.824*365 / 4
=72.47

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Kernel Holding's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=968.824 / 769.4375
=1.26

3. 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.

Kernel Holding's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=769.4375 / 1179.656
=0.65

* 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.

Kernel Holding Change In Inventory Related Terms

Kernel Holding Change In Inventory Historical Data

* Premium members only.

The historical data trend for Kernel Holding's Change In 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.

Kernel Holding Change In Inventory Chart

Kernel Holding Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.24 -796.28 581.84 -34.08 -126.48

Kernel Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In 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 0.06 -29.14 -60.14 -129.14 3.88
KARNF
64GF Score
Kernel Holding SA KARNF
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Kernel Holding Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-215 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-215 Mil mean?
Kernel Holding (KARNF) has a Change In Inventory of $-215 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Kernel Holding and its competitors.
Is Kernel Holding's Change In Inventory too high?
Kernel Holding's current Change In Inventory is $-215 Mil. Overall, Kernel Holding has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Kernel Holding's Change In Inventory compare to SYY and USFD?
Kernel Holding's Change In Inventory of $-215 Mil can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Retail - Defensive company?
A good Change In Inventory depends on the Retail - Defensive industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Kernel Holding and its competitors. Kernel Holding's current Change In Inventory is $-215 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kernel Holding stock overvalued right now?
Kernel Holding (KARNF) has a current Change In Inventory of $-215 Mil. The stock's GF Value™ is $3.52, compared to a current price of $5.20 — trading 47.7% above its estimated fair value. The current Change In Inventory is $-215 Mil. Kernel Holding's overall GF Score™ is 64/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Kernel Holding (KARNF), the current Change In Inventory is $-215 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kernel Holding (KARNF) Overvalued in 2026?

Based on GuruFocus' analysis, Kernel Holding stock appears to be overvalued. The current stock price of $5.20 is trading 47.7% above its estimated GF Value™ of $3.52.

Key valuation signals for KARNF:

  • Change In Inventory: $-215 Mil
  • GF Value™: $3.52 vs. price of $5.20 (47.7% above fair value)
  • GF Score™: 64/100 with 1 warning sign

No single metric tells the full story. See the KARNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kernel Holding Business Description

Other Exchanges KER:Poland0KE:Germany
Address 3 Tarasa Shevchenka Lane, Kyiv, UKR, 01001
Kernel Holding SA is an investment holding company. The company's segment includes Oilseed Processing; Infrastructure and Trading and Farming. It generates maximum revenue from the Infrastructure and Trading segment. The Infrastructure and Trading segment includes sourcing and merchandising of wholesale edible oils, grain, provision of silo services, grain handling and transshipment services.
64GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.20
Price
$3.52
GF Value