Grupa Kety (FRA:GQ2) Days Inventory : 91.93 (As of Sep. 2024)

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What is Grupa Kety Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grupa Kety's Average Total Inventories for the three months ended in Sep. 2024 was €186 Mil. Grupa Kety's Cost of Goods Sold for the three months ended in Sep. 2024 was €184 Mil. Hence, Grupa Kety's Days Inventory for the three months ended in Sep. 2024 was 91.93.

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

FRA:GQ2' s Days Inventory Range Over the Past 10 Years
Min: 85.57 Med: 89.81 Max: 95.85
Current: 92.02

During the past 13 years, Grupa Kety's highest Days Inventory was 95.85. The lowest was 85.57. And the median was 89.81.

FRA:GQ2's Days Inventory is ranked worse than
53.78% of 649 companies
in the Metals & Mining industry
Industry Median: 86.21 vs FRA:GQ2: 92.02

Grupa Kety's Days Inventory increased from Sep. 2023 (91.14) to Sep. 2024 (91.93). It might indicate that Grupa Kety's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grupa Kety's Inventory Turnover for the three months ended in Sep. 2024 was 0.99.

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. Grupa Kety's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.59.

Grupa Kety Days Inventory Historical Data

The historical data trend for Grupa Kety'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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Grupa Kety Days Inventory Chart

Grupa Kety Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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89.83

85.57

93.86

88.61

95.85

Grupa Kety Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															91.14	92.59	89.56	89.11	91.93

Competitive Comparison of Grupa Kety's Days Inventory

For the Aluminum subindustry, Grupa Kety'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.

Grupa Kety's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grupa Kety's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grupa Kety's Days Inventory falls into.

Grupa Kety Days Inventory Calculation

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

Grupa Kety'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
=	( (228.539	+	172.74)	/	2 )	/	764.01	*	365
=	200.6395					/	764.01	*	365
=	95.85

Grupa Kety's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (174.108	+	196.9)	/	2 )	/	184.139	*	365 / 4
=	185.504					/	184.139	*	365 / 4
=	91.93

Grupa Kety (FRA:GQ2) 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.

Grupa Kety's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	184.139	/	185.504
	=	0.99

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.

Grupa Kety's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	185.504	/	314.43
	=	0.59

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.

Grupa Kety Days Inventory Related Terms

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

Grupa Kety Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grupa Kety SA (FRA:GQ2) » Definitions » Days Inventory

Traded in Other Exchanges

KTY:Poland GQ2:Germany

Address

ul. Ko?ciuszki 111, Kety, POL, 32-650

Website

http://www.gk-kety.com.pl

Grupa Kety SA manufactures and sells extruded aluminum and other aluminum products primarily to industrial customers. The firm organizes itself into five segments based on product. The Extruded Products segment manufactures aluminum profiles. The Flexible Packaging segment produces and sells packaging to the food industry. The Aluminum Systems segment, which generates the most revenue of any segment, sells aluminum systems to the building industry. The Building Accessories and Building Services segments produce and sell hardware and aluminum facades to the construction industry. The vast majority of Grupa Kety's revenue comes from Poland, where the company's operations are also located.

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