Days Inventory is also known as Days Sales of Inventory (DSI). Kellanova Co's Average Total Inventories for the
three
months ended in Sep. 2024 was R$6,567 Mil. Kellanova Co's Cost of Goods Sold for the
three
months ended in Sep. 2024 was R$11,391 Mil.
Hence, Kellanova Co's Days Inventory for the
three
months ended in Sep. 2024 was 52.60.
The historical rank and industry rank for Kellanova Co's Days Inventory or its related term are showing as below:
BSP:K1EL34'
s Days Inventory Range Over the Past 10 Years
Min: 48.46 Med: 53.01 Max: 61.73
Current: 56.83
During the past 13 years, Kellanova Co's highest Days Inventory was 61.73. The lowest was 48.46. And the median was 53.01.
BSP:K1EL34's Days Inventory is ranked better than 68.66% of 1806
companies
in the Consumer Packaged Goods industry
Industry Median: 81.795
vs BSP:K1EL34: 56.83
Kellanova Co's Days Inventory
declined
from Sep. 2023 (70.38) to Sep. 2024 (52.60).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kellanova Co's Inventory Turnover for the
three
months ended in Sep. 2024 was 1.73.
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.
Kellanova Co's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.37.
Kellanova Co Days Inventory Historical Data
The historical data trend for Kellanova 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.
Competitive Comparison of Kellanova Co's Days Inventory
For the Packaged Foods subindustry, Kellanova 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.
Kellanova Co's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Kellanova Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kellanova Co's Days Inventory falls into.
Kellanova Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kellanova Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Kellanova Co (BSP:K1EL34) 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.
Kellanova Co's Inventory Turnover for the
three
months ended in Sep. 2024 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.
Kellanova Co's Inventory to Revenue for the
three
months ended in Sep. 2024 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.
Kellanova Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Kellanova Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Following its split from the North American cereal business in October 2023, Kellanova (previously the global snacking arm of Kellogg) has operated as a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base. Mars is slated to acquire the newly independent business in a nearly $36 billion deal in the first half of calendar 2025.
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