KDM Shipping (WAR:KDM) Days Inventory: 1.18 (As of Jun. 2018)


What is KDM Shipping Days Inventory?

KDM Shipping WAR:KDM Days Inventory is 1.18 as of Jun. 2018.

Days Inventory is also known as Days Sales of Inventory (DSI). KDM Shipping's Average Total Inventories for the six months ended in Jun. 2018 was zł0.4 Mil. KDM Shipping's Cost of Goods Sold for the six months ended in Jun. 2018 was zł58.3 Mil. Hence, KDM Shipping's Days Inventory for the six months ended in Jun. 2018 was 1.18.

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

WAR:KDM's Days Inventory is not ranked *
in the Transportation industry.
Industry Median: 12.35
* Ranked among companies with meaningful Days Inventory only.

KDM Shipping's Days Inventory declined from Jun. 2017 (6.60) to Jun. 2018 (1.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. KDM Shipping's Inventory Turnover for the six months ended in Jun. 2018 was 155.31.

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. KDM Shipping's Inventory-to-Revenue for the six months ended in Jun. 2018 was 0.01.

KDM Shipping  (WAR:KDM) 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.

KDM Shipping's Inventory Turnover for the six months ended in Jun. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=58.32 / 0.3755
=155.31

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.

KDM Shipping's Inventory to Revenue for the six months ended in Jun. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.3755 / 61.781
=0.01

* 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.

KDM Shipping Days Inventory Related Terms

KDM Shipping Days Inventory Historical Data

* Premium members only.

The historical data trend for KDM Shipping'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.

KDM Shipping Days Inventory Chart

KDM Shipping Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
Get a 7-Day Free Trial 61.78 118.45 97.81 28.57 1.68

KDM Shipping Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 28.55 1.40 6.60 3.46 1.18

WAR:KDM vs ESEA, GLBS, SHIP: Days Inventory Comparison

For the Marine Shipping subindustry, KDM Shipping'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.

KDM Shipping Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, KDM Shipping's Days Inventory distribution charts can be found below:

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


KDM Shipping Days Inventory Calculation

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

KDM Shipping's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0.287 + 0.664) / 2 ) / 103.043*365
=0.4755 / 103.043*365
=1.68

KDM Shipping's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

Days Inventory (Q: Jun. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Jun. 2018 )) / count ) / Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=( (0.664 + 0.087) / 2 ) / 58.32*365 / 2
=0.3755 / 58.32*365 / 2
=1.18

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 1.18 mean?
KDM Shipping (WAR:KDM) has a Days Inventory of 1.18 as of Jun. 2018. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on KDM Shipping and its competitors.
Is KDM Shipping's Days Inventory too high?
KDM Shipping's current Days Inventory is 1.18. The Transportation industry median Days Inventory is 12.35. KDM Shipping's value of 1.18 is 90.4% below this industry median.
How does KDM Shipping's Days Inventory compare to ESEA and GLBS?
KDM Shipping's Days Inventory of 1.18 can be compared against companies in the Transportation industry. The industry median Days Inventory is 12.35. KDM Shipping's value of 1.18 is 90.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Transportation company?
The median Days Inventory among Transportation companies is 12.35, based on 796 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KDM Shipping's current Days Inventory of 1.18 is 90.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on KDM Shipping and its competitors. For the Transportation industry, the median Days Inventory is 12.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KDM Shipping's current Days Inventory is 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDM Shipping stock overvalued right now?
KDM Shipping (WAR:KDM) has a current Days Inventory of 1.18. The current Days Inventory is 1.18 and 90.4% below the Transportation industry median of 12.35. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For KDM Shipping (WAR:KDM), the current Days Inventory is 1.18 as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

KDM Shipping Business Description

Address 3 Michael Koutsofta Street, Limassol, CYP, 3031
KDM Shipping PLC is engaged in the shipping industry. It mainly focuses on the bulk river-sea freight in the Black, Azov and Mediterranean Sea regions. In addition, it is engaged in cargo freight, ship repair, and trading in grain, corn, oil and barley. The principal cargo of the company includes Grain, Metal Scrap, Sunflower seed meal, Bran, Fertilizers, and Cement.