KLMR (KLM Royal Dutch Airlines) Inventory Turnover: 47.77 (As of Dec. 2018)

What is KLM Royal Dutch Airlines Inventory Turnover?

KLM Royal Dutch Airlines KLMR Inventory Turnover is 47.77 as of Dec. 2018.

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. KLM Royal Dutch Airlines's Cost of Goods Sold for the six months ended in Dec. 2018 was $11,389.08 Mil. KLM Royal Dutch Airlines's Average Total Inventories for the quarter that ended in Dec. 2018 was $238.41 Mil. KLM Royal Dutch Airlines's Inventory Turnover for the quarter that ended in Dec. 2018 was 47.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KLM Royal Dutch Airlines's Days Inventory for the six months ended in Dec. 2018 was 3.82.

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. KLM Royal Dutch Airlines's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.02.

KLM Royal Dutch Airlines (OTCPK:KLMR) 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.

KLM Royal Dutch Airlines's Days Inventory for the six months ended in Dec. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2018 )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
	=	238.408	/	11389.078	*	365 / 2
	=	3.82

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.

KLM Royal Dutch Airlines's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2018 )	/	Revenue (Q: Dec. 2018 )
	=	238.408	/	12463.026
	=	0.02

* 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

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.

KLM Royal Dutch Airlines Inventory Turnover Related Terms

KLM Royal Dutch Airlines Inventory Turnover Historical Data

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The historical data trend for KLM Royal Dutch Airlines's Inventory Turnover can be seen below:

KLM Royal Dutch Airlines Inventory Turnover Chart

KLM Royal Dutch Airlines Annual Data

Trend

Mar04

Mar05

Mar06

Mar07

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Inventory Turnover

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45.64

51.75

51.78

54.48

47.77

KLM Royal Dutch Airlines Semi-Annual Data
	Mar94	Mar95	Mar96	Mar97	Mar98	Mar99	Mar00	Mar01	Mar02	Mar03	Mar04	Mar05	Mar06	Mar07	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Inventory Turnover	Get a 7-Day Free Trial															45.64	51.75	51.78	54.48	47.77

KLM Royal Dutch Airlines Inventory Turnover Calculation

KLM Royal Dutch Airlines's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	11389.078	/ (	(209.467	+	267.349)	/	2 )
=	11389.078	/	238.408
=	47.77

KLM Royal Dutch Airlines's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

	Inventory Turnover (Q: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2018 )	/ (	(Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )
=	11389.078	/ (	(209.467	+	267.349)	/	2 )
=	11389.078	/	238.408
=	47.77

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 47.77 mean?

KLM Royal Dutch Airlines (KLMR) has a Inventory Turnover of 47.77 as of Dec. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on KLM Royal Dutch Airlines and its competitors.

Is KLM Royal Dutch Airlines' Inventory Turnover too high?

KLM Royal Dutch Airlines' current Inventory Turnover is 47.77.

How does KLM Royal Dutch Airlines' Inventory Turnover compare to ?

KLM Royal Dutch Airlines' Inventory Turnover of 47.77 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Transportation company?

A good Inventory Turnover depends on the Transportation industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on KLM Royal Dutch Airlines and its competitors. KLM Royal Dutch Airlines's current Inventory Turnover is 47.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is KLM Royal Dutch Airlines stock overvalued right now?

KLM Royal Dutch Airlines (KLMR) has a current Inventory Turnover of 47.77. The current Inventory Turnover is 47.77. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For KLM Royal Dutch Airlines (KLMR), the current Inventory Turnover is 47.77 as of Dec. 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.

KLM Royal Dutch Airlines Business Description

Industry Industrials Transportation

Comparable Companies

Address Amsterdamseweg 55, Amstelveen, NH, NLD, 1182 GP

Website https://www.klm.com

KLM Royal Dutch Airlines is engaged in network activities, which include air transport of passengers and cargo activities, aircraft maintenance, leisure, and other activities linked to air transport. Its segments are: Network, which generates maximum revenue and includes transportation of passengers on scheduled flights, ancillary passenger revenues, SkyTeam alliance partnership arrangements, block-seat sales, transportation of freight, and sale of cargo capacity to third parties; Maintenance, which provides engine services, component services, and airframe maintenance to airlines and clients internationally; Leisure, which covers charter flights and low-cost scheduled flights operated by transavia.com; and Other segment. It generates maximum revenue from Europe and North Africa.