KDM Shipping (WAR:KDM) Inventory Turnover: 155.60 (As of Jun. 2018)


What is KDM Shipping Inventory Turnover?

KDM Shipping WAR:KDM Inventory Turnover is 155.60 as of Jun. 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. KDM Shipping's Cost of Goods Sold for the six months ended in Jun. 2018 was zł58.0 Mil. KDM Shipping's Average Total Inventories for the quarter that ended in Jun. 2018 was zł0.4 Mil. KDM Shipping's Inventory Turnover for the quarter that ended in Jun. 2018 was 155.60.

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 six months ended in Jun. 2018 was 1.17.

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 quarter that ended in Jun. 2018 was 0.01.

KDM Shipping  (WAR:KDM) 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.

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

Days Inventory =Average Total Inventories (Q: Jun. 2018 )/Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=0.373/58.037*365 / 2
=1.17

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 quarter that ended in Jun. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2018 ) / Revenue (Q: Jun. 2018 )
=0.373 / 61.481
=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

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.

KDM Shipping Inventory Turnover Related Terms

KDM Shipping Inventory Turnover Historical Data

* Premium members only.

The historical data trend for KDM Shipping'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.

KDM Shipping Inventory Turnover Chart

KDM Shipping Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Inventory Turnover
Get a 7-Day Free Trial 5.91 3.08 3.73 12.77 217.02

KDM Shipping Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.39 129.96 27.67 52.76 155.60

KDM Shipping Inventory Turnover Calculation

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

Inventory Turnover (A: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2017 ) / ((Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count )
=102.544 / ((0.285 + 0.66) / 2 )
=102.544 / 0.4725
=217.02

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

Inventory Turnover (Q: Jun. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2018 ) / ((Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Jun. 2018 )) / count )
=58.037 / ((0.66 + 0.086) / 2 )
=58.037 / 0.373
=155.60

* 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 Inventory Turnover →
What does a Inventory Turnover of 155.60 mean?
KDM Shipping (WAR:KDM) has a Inventory Turnover of 155.60 as of Jun. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on KDM Shipping and its competitors.
Is KDM Shipping's Inventory Turnover too high?
KDM Shipping's current Inventory Turnover is 155.60.
How does KDM Shipping's Inventory Turnover compare to ESEA and GLBS?
KDM Shipping's Inventory Turnover of 155.60 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 KDM Shipping and its competitors. KDM Shipping's current Inventory Turnover is 155.60. 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 Inventory Turnover of 155.60. The current Inventory Turnover is 155.60. 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 KDM Shipping (WAR:KDM), the current Inventory Turnover is 155.60 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.