UPMKF (UPM-Kymmene Oyj) Days Inventory : 91.64 (As of Sep. 2024)

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What is UPM-Kymmene Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). UPM-Kymmene Oyj's Average Total Inventories for the three months ended in Sep. 2024 was $2,358 Mil. UPM-Kymmene Oyj's Cost of Goods Sold for the three months ended in Sep. 2024 was $2,349 Mil. Hence, UPM-Kymmene Oyj's Days Inventory for the three months ended in Sep. 2024 was 91.64.

The historical rank and industry rank for UPM-Kymmene Oyj's Days Inventory or its related term are showing as below:

UPMKF' s Days Inventory Range Over the Past 10 Years
Min: 71.93 Med: 81.73 Max: 109.95
Current: 109.95

During the past 13 years, UPM-Kymmene Oyj's highest Days Inventory was 109.95. The lowest was 71.93. And the median was 81.73.

UPMKF's Days Inventory is ranked worse than
65.69% of 274 companies
in the Forest Products industry
Industry Median: 87.98 vs UPMKF: 109.95

UPM-Kymmene Oyj's Days Inventory increased from Sep. 2023 (78.83) to Sep. 2024 (91.64). It might indicate that UPM-Kymmene Oyj's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. UPM-Kymmene Oyj's Inventory Turnover for the three months ended in Sep. 2024 was 1.00.

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. UPM-Kymmene Oyj's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.84.

UPM-Kymmene Oyj Days Inventory Historical Data

The historical data trend for UPM-Kymmene Oyj'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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UPM-Kymmene Oyj Days Inventory Chart

UPM-Kymmene Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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81.58

79.19

83.32

96.51

101.46

UPM-Kymmene Oyj 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															78.83	993.82	81.89	80.78	91.64

Competitive Comparison of UPM-Kymmene Oyj's Days Inventory

For the Paper & Paper Products subindustry, UPM-Kymmene Oyj'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.

UPM-Kymmene Oyj's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, UPM-Kymmene Oyj's Days Inventory distribution charts can be found below:

* The bar in red indicates where UPM-Kymmene Oyj's Days Inventory falls into.

UPM-Kymmene Oyj Days Inventory Calculation

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

UPM-Kymmene Oyj'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
=	( (2388.771	+	2091.603)	/	2 )	/	8058.887	*	365
=	2240.187					/	8058.887	*	365
=	101.46

UPM-Kymmene Oyj'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
=	( (2250.807	+	2466.149)	/	2 )	/	2348.501	*	365 / 4
=	2358.478					/	2348.501	*	365 / 4
=	91.64

UPM-Kymmene Oyj (OTCPK:UPMKF) 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.

UPM-Kymmene Oyj's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2348.501	/	2358.478
	=	1.00

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.

UPM-Kymmene Oyj's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2358.478	/	2798.002
	=	0.84

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.

UPM-Kymmene Oyj Days Inventory Related Terms

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

UPM-Kymmene Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UPM-Kymmene Oyj (OTCPK:UPMKF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

UPMMY:USA UPMh:UK 0NV5:UK UPM:Finland RPL:Germany

Address

Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100

Website

https://www.upm.com

UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.