The historical rank and industry rank for Smurfit Kappa Group's Days Inventory or its related term are showing as below:
FRA:SK3'
s Days Inventory Range Over the Past 10 Years
Min: 45.85 Med: 49.45 Max: 55.52
Current: 55.25
During the past 13 years, Smurfit Kappa Group's highest Days Inventory was 55.52. The lowest was 45.85. And the median was 49.45.
FRA:SK3's Days Inventory is ranked better than 74.18% of 368
companies
in the Packaging & Containers industry
Industry Median: 77.68
vs FRA:SK3: 55.25
Smurfit Kappa Group's Days Inventory
increased
from Dec. 2022 (53.22) to Dec. 2023 (54.64).
It might indicate that Smurfit Kappa Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Smurfit Kappa Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 3.34.
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.
Smurfit Kappa Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.20.
Smurfit Kappa Group Days Inventory Historical Data
The historical data trend for Smurfit Kappa Group'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 Smurfit Kappa Group's Days Inventory
For the Packaging & Containers subindustry, Smurfit Kappa Group'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.
Smurfit Kappa Group's Days Inventory Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Smurfit Kappa Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Smurfit Kappa Group's Days Inventory falls into.
Smurfit Kappa Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Smurfit Kappa Group'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.
Smurfit Kappa Group (FRA:SK3) 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.
Smurfit Kappa Group's Inventory Turnover for the
six
months ended in Dec. 2023 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.
Smurfit Kappa Group's Inventory to Revenue for the
six
months 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.
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.
Smurfit Kappa Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Smurfit Kappa Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Smurfit Kappa Group (FRA:SK3) Business Description
Smurfit Kappa Group PLC manufactures and sells paper-based packaging products. The company owns mills that produce containerboard, which is then shipped to the company's plants, where it is converted into corrugated packaging products. The packaging products include solid board, sack kraft paper, and folding cartons. The firm organizes itself into two segments based on geography: Europe and the Americas. The Europe segment generates the majority of the revenue. The Americas segment owns forestland in Latin America, where Smurfit Kappa harvests timber for its mills.
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