Kid ASA (FRA:97Q) Days Inventory : 217.36 (As of Mar. 2024)

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What is Kid ASA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kid ASA's Average Total Inventories for the three months ended in Mar. 2024 was €55.4 Mil. Kid ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was €23.3 Mil. Hence, Kid ASA's Days Inventory for the three months ended in Mar. 2024 was 217.36.

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

FRA:97Q' s Days Inventory Range Over the Past 10 Years
Min: 145.53 Med: 164.63 Max: 185.45
Current: 185.45

During the past 13 years, Kid ASA's highest Days Inventory was 185.45. The lowest was 145.53. And the median was 164.63.

FRA:97Q's Days Inventory is ranked worse than
73.06% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.51 vs FRA:97Q: 185.45

Kid ASA's Days Inventory declined from Mar. 2023 (238.81) to Mar. 2024 (217.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kid ASA's Inventory Turnover for the three months ended in Mar. 2024 was 0.42.

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. Kid ASA's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.92.

Kid ASA Days Inventory Historical Data

The historical data trend for Kid ASA'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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Kid ASA Days Inventory Chart

Kid ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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146.61

160.81

174.50

183.07

182.09

Kid ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															238.81	227.26	199.85	130.06	217.36

Competitive Comparison of Kid ASA's Days Inventory

For the Specialty Retail subindustry, Kid ASA'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.

Kid ASA's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kid ASA's Days Inventory distribution charts can be found below:

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

Kid ASA Days Inventory Calculation

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

Kid ASA'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
=	( (63.896	+	50.093)	/	2 )	/	114.243	*	365
=	56.9945					/	114.243	*	365
=	182.09

Kid ASA's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (50.093	+	60.697)	/	2 )	/	23.255	*	365 / 4
=	55.395					/	23.255	*	365 / 4
=	217.36

Kid ASA (FRA:97Q) 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.

Kid ASA's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	23.255	/	55.395
	=	0.42

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.

Kid ASA's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	55.395	/	60.454
	=	0.92

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.

Kid ASA Days Inventory Related Terms

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

Kid ASA (FRA:97Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kid ASA (FRA:97Q) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

KIDo:Sweden KID:Norway

Address

Gilhusveien 1, Gullaug, NOR, N-3426

Website

https://www.kid.no/en

Kid ASA is a home textile retailer in Norway. The company offers a full range of home and interior products which includes textiles, curtains, bed linens and other interior products. It sells its products through its own stores as well as through an online sales platform under the brand of Dekosol and Nordun. Traditional products of the company account for a majority of its revenue and the remaining part gets covered by trend line products. The majority of its revenue comes from Norway region stores.

Kid ASA (FRA:97Q) Headlines

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