Kerry Logistics Network (FRA:KYL) Inventory Turnover : 41.91 (As of Dec. 2023)

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What is Kerry Logistics Network 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. Kerry Logistics Network's Cost of Goods Sold for the six months ended in Dec. 2023 was €2,269 Mil. Kerry Logistics Network's Average Total Inventories for the quarter that ended in Dec. 2023 was €54 Mil. Kerry Logistics Network's Inventory Turnover for the quarter that ended in Dec. 2023 was 41.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kerry Logistics Network's Days Inventory for the six months ended in Dec. 2023 was 4.35.

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. Kerry Logistics Network's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Kerry Logistics Network Inventory Turnover Historical Data

The historical data trend for Kerry Logistics Network'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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Kerry Logistics Network Inventory Turnover Chart

Kerry Logistics Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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77.76

94.34

185.76

176.65

93.57

Kerry Logistics Network Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															100.38	103.79	64.85	46.12	41.91

Kerry Logistics Network Inventory Turnover Calculation

Kerry Logistics Network's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	4990.956	/ (	(58.448	+	48.234)	/	2 )
=	4990.956	/	53.341
=	93.57

Kerry Logistics Network's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2268.555	/ (	(60.034	+	48.234)	/	2 )
=	2268.555	/	54.134
=	41.91

Kerry Logistics Network (FRA:KYL) 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.

Kerry Logistics Network's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	54.134	/	2268.555	*	365 / 2
	=	4.35

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.

Kerry Logistics Network's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	54.134	/	2594.077
	=	0.02

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.

Kerry Logistics Network Inventory Turnover Related Terms

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Kerry Logistics Network (FRA:KYL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kerry Logistics Network Ltd (FRA:KYL) » Definitions » Inventory Turnover

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00636:Hong Kong

Address

55 Wing Kei Road, 16th Floor, Kerry Cargo Centre, New Territories, Kwai Chung, Hong Kong, HKG

Website

https://www.kln.com

Kerry Logistics Network, or KLN, is a leading Asian diversified logistics service provider with a global presence. KLN is the number one non-vessel operating common carrier, or NVOCC, by volume for transpacific trades in 2022. Its business consists of international freight forwarding (air freight, ocean freight, and cross-border road freight forwarding services), integrated logistics mainly across Asia, and e-commerce and express delivery services. KLN has been majority owned by and consolidated under the international segment of China's leading logistics company S.F. Holding, or SF, since September 2021.

Kerry Logistics Network (FRA:KYL) Headlines

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