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KMT (Kennametal) Days Inventory : 145.87 (As of Sep. 2024)


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What is Kennametal Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kennametal's Average Total Inventories for the three months ended in Sep. 2024 was $529 Mil. Kennametal's Cost of Goods Sold for the three months ended in Sep. 2024 was $331 Mil. Hence, Kennametal's Days Inventory for the three months ended in Sep. 2024 was 145.87.

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

KMT' s Days Inventory Range Over the Past 10 Years
Min: 119.46   Med: 133.76   Max: 147.26
Current: 141.1

During the past 13 years, Kennametal's highest Days Inventory was 147.26. The lowest was 119.46. And the median was 133.76.

KMT's Days Inventory is ranked worse than
58.77% of 2903 companies
in the Industrial Products industry
Industry Median: 121.86 vs KMT: 141.10

Kennametal's Days Inventory declined from Sep. 2023 (156.15) to Sep. 2024 (145.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kennametal's Inventory Turnover for the three months ended in Sep. 2024 was 0.63.

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. Kennametal's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.10.


Kennametal Days Inventory Historical Data

The historical data trend for Kennametal'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.

* Premium members only.

Kennametal Days Inventory Chart

Kennametal Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.26 141.42 140.06 143.84 137.83

Kennametal 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 156.15 146.36 140.76 130.30 145.87

Competitive Comparison of Kennametal's Days Inventory

For the Tools & Accessories subindustry, Kennametal'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.


Kennametal's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kennametal's Days Inventory distribution charts can be found below:

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



Kennametal Days Inventory Calculation

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

Kennametal's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (557.63 + 514.632) / 2 ) / 1419.806*365
=536.131 / 1419.806*365
=137.83

Kennametal'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
=( (514.632 + 543.427) / 2 ) / 330.939*365 / 4
=529.0295 / 330.939*365 / 4
=145.87

* 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.


Kennametal  (NYSE:KMT) 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.

Kennametal's Inventory Turnover for the three months ended in Sep. 2024 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.

Kennametal's Inventory to Revenue for the three months ended in Sep. 2024 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.


Kennametal Days Inventory Related Terms

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


Kennametal Business Description

Traded in Other Exchanges
Address
525 William Penn Place, Suite 3300, Pittsburgh, PA, USA, 15219
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments; Metal Cutting and Infrastructure. It generates maximum revenue from the Metal Cutting segment. The Metal Cutting segment develops and manufactures high-performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives maximum revenue from the United States and the rest from Germany, China, Canada, India, Italy, and other countries.
Executives
Franklin Cardenas officer: Vice President 525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
John Wayne Witt officer: Vice President 525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
Judith L Bacchus officer: Vice President 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Cindy L Davis director 2635 SW GRENWOLDE PLACE, PORTLAND OR 97201
Michelle R Keating officer: Vice President 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Sanjay Chowbey officer: Vice President 525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
William J. Harvey director 26 PHEASANT'S RIDGE SOUTH, GREENVILLE DE 19807
Joseph Alvarado director 705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002
William M Lambert director C/O MSA SAFETY, 1000 CRANBERRY WOODS DRIVE, CRANBERRY TWP PA 16066
Christopher Rossi officer: President and CEO C/O KENNAMETAL INC., 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Steven H Wunning director 471 EAST HIGH POINT DRIVE, PEORIA IL 61614
Lorraine M Martin director 1121 SPRING LAKE DRIVE, ITASCA IL 60143
Paul Sternlieb director 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Patrick S Watson officer: Vice President 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Lawrence W Stranghoener director 2035 KIMBERLY COURT, PLYMOUTH MN 55447