KGSPF (Kingspan Group) Days Inventory : 66.89 (As of Jun. 2024)

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What is Kingspan Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kingspan Group's Average Total Inventories for the six months ended in Jun. 2024 was $1,154 Mil. Kingspan Group's Cost of Goods Sold for the six months ended in Jun. 2024 was $3,148 Mil. Hence, Kingspan Group's Days Inventory for the six months ended in Jun. 2024 was 66.89.

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

KGSPF' s Days Inventory Range Over the Past 10 Years
Min: 49.18 Med: 58.25 Max: 70.76
Current: 69.07

During the past 13 years, Kingspan Group's highest Days Inventory was 70.76. The lowest was 49.18. And the median was 58.25.

KGSPF's Days Inventory is ranked worse than
58.73% of 1444 companies
in the Construction industry
Industry Median: 48.145 vs KGSPF: 69.07

Kingspan Group's Days Inventory declined from Jun. 2023 (73.99) to Jun. 2024 (66.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kingspan Group's Inventory Turnover for the six months ended in Jun. 2024 was 2.73.

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. Kingspan Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.26.

Kingspan Group Days Inventory Historical Data

The historical data trend for Kingspan 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.

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Kingspan Group Days Inventory Chart

Kingspan Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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60.48

58.07

66.21

73.02

68.70

Kingspan Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial															77.38	76.93	73.99	67.37	66.89

Competitive Comparison of Kingspan Group's Days Inventory

For the Building Products & Equipment subindustry, Kingspan 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.

Kingspan Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kingspan Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kingspan Group's Days Inventory falls into.

Kingspan Group Days Inventory Calculation

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

Kingspan Group'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
=	( (1309.11	+	1051.581)	/	2 )	/	6271.429	*	365
=	1180.3455					/	6271.429	*	365
=	68.70

Kingspan Group'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: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1051.581	+	1255.867)	/	2 )	/	3147.793	*	365 / 2
=	1153.724					/	3147.793	*	365 / 2
=	66.89

Kingspan Group (OTCPK:KGSPF) 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.

Kingspan Group's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3147.793	/	1153.724
	=	2.73

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.

Kingspan Group's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1153.724	/	4485.468
	=	0.26

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.

Kingspan Group Days Inventory Related Terms

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

Kingspan Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kingspan Group PLC (OTCPK:KGSPF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

KGSPY:USA KRX:Ireland KRXi:UK 0KGP:UK KRX:Germany

Address

Dublin Road, Kingscourt, County Cavan, IRL, A82 XY31

Website

https://www.kingspan.com

Kingspan Group is a global building products manufacturer with a portfolio that focuses on building envelope products and systems that aim to improve the energy efficiency of the built environment. Having entered insulation products markets in the 1980s, the group's scope has expanded significantly in the decades since to now include roofing, flooring, natural light ventilation, and water recycling solutions, as well as piping and ducting products used in HVAC and district heating applications. Kingspan has a global manufacturing footprint of more than 210 manufacturing sites spread across some 80 countries.