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Kering (MEX:KER) Days Inventory : 340.39 (As of Jun. 2024)


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What is Kering Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kering's Average Total Inventories for the six months ended in Jun. 2024 was MXN84,964 Mil. Kering's Cost of Goods Sold for the six months ended in Jun. 2024 was MXN45,554 Mil. Hence, Kering's Days Inventory for the six months ended in Jun. 2024 was 340.39.

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

MEX:KER' s Days Inventory Range Over the Past 10 Years
Min: 179.1   Med: 258.49   Max: 360.53
Current: 360.53

During the past 13 years, Kering's highest Days Inventory was 360.53. The lowest was 179.10. And the median was 258.49.

MEX:KER's Days Inventory is ranked worse than
90.99% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 107.855 vs MEX:KER: 360.53

Kering's Days Inventory declined from Jun. 2023 (361.77) to Jun. 2024 (340.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kering's Inventory Turnover for the six months ended in Jun. 2024 was 0.54.

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. Kering's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.48.


Kering Days Inventory Historical Data

The historical data trend for Kering'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.

Kering Days Inventory Chart

Kering Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 245.78 274.87 252.78 292.09 375.02

Kering 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 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 276.65 303.53 361.77 373.11 340.39

Competitive Comparison of Kering's Days Inventory

For the Luxury Goods subindustry, Kering'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.


Kering's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kering's Days Inventory distribution charts can be found below:

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



Kering Days Inventory Calculation

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

Kering'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
=( (92234.254 + 84223.368) / 2 ) / 85870.814*365
=88228.811 / 85870.814*365
=375.02

Kering'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
=( (84223.368 + 85704.163) / 2 ) / 45553.755*365 / 2
=84963.7655 / 45553.755*365 / 2
=340.39

* 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.


Kering  (MEX:KER) 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.

Kering's Inventory Turnover for the six months ended in Jun. 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=84963.7655 / 177837.125
=0.48

* 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.


Kering Days Inventory Related Terms

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


Kering Business Description

Address
40 Rue de Sevres, Paris, FRA, 75007
Kering is the world's second-largest luxury goods conglomerate after LVMH. Its flagship brand is Gucci, which accounts for over 50% of revenue and almost 70% of operating profits. Its other leading brands include Bottega Veneta and Saint Laurent. Other smaller luxury brands (in ready-to-wear, leather goods, and jewellery) generate 19% of sales. Alexander McQueen, Balenciaga, and Boucheron are part of Kering's portfolio.

Kering Headlines

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