Knowlton Development (Knowlton Development) Days Inventory : 48.66 (As of Jul. 2021)

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What is Knowlton Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Knowlton Development's Average Total Inventories for the three months ended in Jul. 2021 was $277.80 Mil. Knowlton Development's Cost of Goods Sold for the three months ended in Jul. 2021 was $520.90 Mil. Hence, Knowlton Development's Days Inventory for the three months ended in Jul. 2021 was 48.66.

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

KDC's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 83.705
* Ranked among companies with meaningful Days Inventory only.

Knowlton Development's Days Inventory increased from . 20 (0.00) to Jul. 2021 (48.66). It might indicate that Knowlton Development's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Knowlton Development's Inventory Turnover for the three months ended in Jul. 2021 was 1.88.

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. Knowlton Development's Inventory-to-Revenue for the three months ended in Jul. 2021 was 0.46.

Knowlton Development Days Inventory Historical Data

The historical data trend for Knowlton Development'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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Knowlton Development Days Inventory Chart

Knowlton Development Annual Data

Trend

Apr20

Apr21

Days Inventory

85.20

48.76

Knowlton Development Quarterly Data
	Apr20	Jul20	Apr21	Jul21
Days Inventory	-	50.25	-	48.66

Competitive Comparison of Knowlton Development's Days Inventory

For the Household & Personal Products subindustry, Knowlton Development'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.

Knowlton Development's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Knowlton Development's Days Inventory distribution charts can be found below:

* The bar in red indicates where Knowlton Development's Days Inventory falls into.

Knowlton Development Days Inventory Calculation

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

Knowlton Development's Days Inventory for the fiscal year that ended in Apr. 2021 is calculated as

	Days Inventory (A: Apr. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2020 )	+	Total Inventories (A: Apr. 2021 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2021 )	*	Days in Period
=	( (220.5	+	265.1)	/	2 )	/	1817.7	*	365
=	242.8					/	1817.7	*	365
=	48.76

Knowlton Development's Days Inventory for the quarter that ended in Jul. 2021 is calculated as:

	Days Inventory (Q: Jul. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2021 )	+	Total Inventories (Q: Jul. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2021 )	*	Days in Period
=	( (265.1	+	290.5)	/	2 )	/	520.9	*	365 / 4
=	277.8					/	520.9	*	365 / 4
=	48.66

Knowlton Development (NYSE:KDC) 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.

Knowlton Development's Inventory Turnover for the three months ended in Jul. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	520.9	/	277.8
	=	1.88

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.

Knowlton Development's Inventory to Revenue for the three months ended in Jul. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	277.8	/	603.4
	=	0.46

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.

Knowlton Development Days Inventory Related Terms

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Knowlton Development (Knowlton Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Knowlton Development Corp Inc (NYSE:KDC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

375 Roland-Therrien Boulevard, Suite 210, Longueuil, QC, CAN, J4H 4A6

Website

https://www.kdc-one.com

Knowlton Development Corp Inc is involved in the formulation, design, packaging and manufacturing of beauty, personal care, and home care products. It offers skin care, body and hair care, soaps and sanitizers, cosmetics, deodorants, sun care, fragrances, air care, fabric care, pest control and surface care products.