KYN Capital Group (KYN Capital Group) Days Inventory : 14.59 (As of Sep. 2010)

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What is KYN Capital Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KYN Capital Group's Average Total Inventories for the three months ended in Sep. 2010 was $0.07 Mil. KYN Capital Group's Cost of Goods Sold for the three months ended in Sep. 2010 was $0.42 Mil. Hence, KYN Capital Group's Days Inventory for the three months ended in Sep. 2010 was 14.59.

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

KYNC's Days Inventory is not ranked ^*
in the Credit Services industry.
Industry Median: 41.91
* Ranked among companies with meaningful Days Inventory only.

KYN Capital Group's Days Inventory declined from Sep. 2009 (17.28) to Sep. 2010 (14.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. KYN Capital Group's Inventory Turnover for the three months ended in Sep. 2010 was 6.25.

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. KYN Capital Group's Inventory-to-Revenue for the three months ended in Sep. 2010 was 0.04.

KYN Capital Group Days Inventory Historical Data

The historical data trend for KYN Capital 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.

* Premium members only.

KYN Capital Group Days Inventory Chart

KYN Capital Group Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Days Inventory

16.83

14.53

22.79

20.86

15.44

KYN Capital Group Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Days Inventory	Get a 7-Day Free Trial														17.28	14.91	15.10	17.80	14.59

Competitive Comparison of KYN Capital Group's Days Inventory

For the Credit Services subindustry, KYN Capital 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.

KYN Capital Group's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, KYN Capital Group's Days Inventory distribution charts can be found below:

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

KYN Capital Group Days Inventory Calculation

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

KYN Capital Group's Days Inventory for the fiscal year that ended in Dec. 2009 is calculated as

	Days Inventory (A: Dec. 2009 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2008 )	+	Total Inventories (A: Dec. 2009 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2009 )	*	Days in Period
=	( (0.077	+	0.07)	/	2 )	/	1.738	*	365
=	0.0735					/	1.738	*	365
=	15.44

KYN Capital Group's Days Inventory for the quarter that ended in Sep. 2010 is calculated as:

	Days Inventory (Q: Sep. 2010 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2010 )	+	Total Inventories (Q: Sep. 2010 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2010 )	*	Days in Period
=	( (0.069	+	0.065)	/	2 )	/	0.419	*	365 / 4
=	0.067					/	0.419	*	365 / 4
=	14.59

KYN Capital Group (OTCPK:KYNC) 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.

KYN Capital Group's Inventory Turnover for the three months ended in Sep. 2010 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.419	/	0.067
	=	6.25

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.

KYN Capital Group's Inventory to Revenue for the three months ended in Sep. 2010 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.067	/	1.779
	=	0.04

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.

KYN Capital Group Days Inventory Related Terms

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KYN Capital Group (KYN Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » KYN Capital Group Inc (OTCPK:KYNC) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

800 E College Parkway, Carson City, NV, USA, 89706

Website

https://www.kyncap.com

KYN Capital Group Inc through its wholly-owned subsidiary is involved in real estate acquisitions and asset-based lending. It specializes in acquiring real estate under market value, and the equity that is available for being taken out as capital to be re-invested into, asset-based lending. The company provides asset-based loans for companies and individuals that provide adequate, and suitable collateral for a loan.