GURUFOCUS.COM » STOCK LIST » Technology » Software » Kermann IT Solutions Nyrt (BUD:KERMANNIT) » Definitions » Days Inventory

Kermann IT Solutions Nyrt (BUD:KERMANNIT) Days Inventory : 61.29 (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Kermann IT Solutions Nyrt Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kermann IT Solutions Nyrt's Average Total Inventories for the six months ended in Jun. 2024 was Ft1,172 Mil. Kermann IT Solutions Nyrt's Cost of Goods Sold for the six months ended in Jun. 2024 was Ft3,488 Mil. Hence, Kermann IT Solutions Nyrt's Days Inventory for the six months ended in Jun. 2024 was 61.29.

The historical rank and industry rank for Kermann IT Solutions Nyrt's Days Inventory or its related term are showing as below:

BUD:KERMANNIT' s Days Inventory Range Over the Past 10 Years
Min: 10.82   Med: 39.62   Max: 122.58
Current: 122.58

During the past 3 years, Kermann IT Solutions Nyrt's highest Days Inventory was 122.58. The lowest was 10.82. And the median was 39.62.

BUD:KERMANNIT's Days Inventory is ranked worse than
83.39% of 1595 companies
in the Software industry
Industry Median: 20.06 vs BUD:KERMANNIT: 122.58

Kermann IT Solutions Nyrt's Days Inventory increased from Dec. 2022 (58.40) to Jun. 2024 (61.29). It might indicate that Kermann IT Solutions Nyrt's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kermann IT Solutions Nyrt's Inventory Turnover for the six months ended in Jun. 2024 was 2.98.

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. Kermann IT Solutions Nyrt's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.30.


Kermann IT Solutions Nyrt Days Inventory Historical Data

The historical data trend for Kermann IT Solutions Nyrt'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.

Kermann IT Solutions Nyrt Days Inventory Chart

Kermann IT Solutions Nyrt Annual Data
Trend Dec20 Dec21 Dec22
Days Inventory
90.26 10.82 39.62

Kermann IT Solutions Nyrt Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Jun24
Days Inventory Get a 7-Day Free Trial - 21.47 58.40 63.29 61.29

Competitive Comparison of Kermann IT Solutions Nyrt's Days Inventory

For the Information Technology Services subindustry, Kermann IT Solutions Nyrt'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.


Kermann IT Solutions Nyrt's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Kermann IT Solutions Nyrt's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kermann IT Solutions Nyrt's Days Inventory falls into.


;
;

Kermann IT Solutions Nyrt Days Inventory Calculation

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

Kermann IT Solutions Nyrt's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (299.659 + 786.959) / 2 ) / 5005.777*365
=543.309 / 5005.777*365
=39.62

Kermann IT Solutions Nyrt's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (957.837 + 1385.174) / 2 ) / 3488.354*365 / 2
=1171.5055 / 3488.354*365 / 2
=61.29

* 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.


Kermann IT Solutions Nyrt  (BUD:KERMANNIT) 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.

Kermann IT Solutions Nyrt's Inventory Turnover for the six months ended in Jun. 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.

Kermann IT Solutions Nyrt's Inventory to Revenue for the six months ended in Jun. 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.


Kermann IT Solutions Nyrt Days Inventory Related Terms

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


Kermann IT Solutions Nyrt Business Description

Traded in Other Exchanges
N/A
Address
Roppentyu utca 48, Budapest, HUN, H-1139
Kermann IT Solutions Nyrt is a IT solution company. It provides system integration services, IT support, IT consultancy, Network services, etc.

Kermann IT Solutions Nyrt Headlines

No Headlines