Kri-Kri Milk Industry (ATH:KRI) Inventory Turnover : 1.85 (As of Dec. 2024)

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What is Kri-Kri Milk Industry Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Kri-Kri Milk Industry's Cost of Goods Sold for the three months ended in Dec. 2024 was €42.2 Mil. Kri-Kri Milk Industry's Average Total Inventories for the quarter that ended in Dec. 2024 was €22.8 Mil. Kri-Kri Milk Industry's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kri-Kri Milk Industry's Days Inventory for the three months ended in Dec. 2024 was 49.19.

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. Kri-Kri Milk Industry's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.47.

Kri-Kri Milk Industry Inventory Turnover Historical Data

The historical data trend for Kri-Kri Milk Industry's Inventory Turnover 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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Kri-Kri Milk Industry Inventory Turnover Chart

Kri-Kri Milk Industry Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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7.02

7.22

10.34

8.83

8.57

Kri-Kri Milk Industry Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.84	1.72	2.12	2.42	1.85

Kri-Kri Milk Industry Inventory Turnover Calculation

Kri-Kri Milk Industry's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	180.272	/ (	(17.289	+	24.784)	/	2 )
=	180.272	/	21.0365
=	8.57

Kri-Kri Milk Industry's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	42.235	/ (	(20.753	+	24.784)	/	2 )
=	42.235	/	22.7685
=	1.85

Kri-Kri Milk Industry (ATH:KRI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Kri-Kri Milk Industry's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	22.7685	/	42.235	*	365 / 4
	=	49.19

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.

Kri-Kri Milk Industry's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	22.7685	/	48.919
	=	0.47

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Kri-Kri Milk Industry Inventory Turnover Related Terms

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Kri-Kri Milk Industry Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kri-Kri Milk Industry SA (ATH:KRI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

AO2:Germany AO2:Germany

Address

3rd km of the National Road Serres - Drama, Serres, GRC, 62125

Website

https://www.krikri.gr

Kri-Kri Milk Industry SA is engaged in the production of dairy products. Its products include yogurt, ice cream, Gluten-free, and milk. The company's segments are classified into Ice-cream- Greece and other Countries and Dairy-Yogurt- Greece and other Countries. The majority of the revenue is generated from the Dairy-Yogurt segment and geographically from Greece.

Kri-Kri Milk Industry Headlines

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