Kernel Holding (WAR:KER) Inventory Turnover: 1.26 (As of Mar. 2026)

What is Kernel Holding Inventory Turnover?

Kernel Holding WAR:KER -0.10% 66 Inventory Turnover is 1.26 as of Mar. 2026. GuruFocus rates WAR:KER with a GF Score™ of 66/100 and a GF Value™ of zł13.16 (Significantly Overvalued). The stock has 1 warning sign investors should review.

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. Kernel Holding's Cost of Goods Sold for the three months ended in Mar. 2026 was zł3,685 Mil. Kernel Holding's Average Total Inventories for the quarter that ended in Mar. 2026 was zł2,927 Mil. Kernel Holding's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kernel Holding's Days Inventory for the three months ended in Mar. 2026 was 72.47.

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. Kernel Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.65.

Kernel Holding (WAR:KER) 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.

Kernel Holding's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	2926.591	/	3684.967	*	365 / 4
	=	72.47

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.

Kernel Holding's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	2926.591	/	4486.876
	=	0.65

* 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.

Kernel Holding Inventory Turnover Related Terms

Kernel Holding Inventory Turnover Historical Data

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The historical data trend for Kernel Holding's Inventory Turnover can be seen below:

Kernel Holding Inventory Turnover Chart

Kernel Holding Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Inventory Turnover

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7.42

5.13

3.51

6.07

6.69

Kernel Holding Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															1.86	1.62	1.02	1.29	1.26

66GF Score

Kernel Holding SA WAR:KER

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Kernel Holding Inventory Turnover Calculation

Kernel Holding's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

	Inventory Turnover (A: Jun. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2025 )	/ (	(Total Inventories (A: Jun. 2024 )	+	Total Inventories (A: Jun. 2025 ))	/	count )
=	13489.592	/ (	(1770.064	+	2259.824)	/	2 )
=	13489.592	/	2014.944
=	6.69

Kernel Holding's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	3684.967	/ (	(3013.253	+	2839.929)	/	2 )
=	3684.967	/	2926.591
=	1.26

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.26 mean?

Kernel Holding (WAR:KER) has a Inventory Turnover of 1.26 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kernel Holding and its competitors.

Is Kernel Holding's Inventory Turnover too high?

Kernel Holding's current Inventory Turnover is 1.26. Overall, Kernel Holding has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Kernel Holding's Inventory Turnover compare to SYY and USFD?

Kernel Holding's Inventory Turnover of 1.26 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?

A good Inventory Turnover depends on the Retail - Defensive 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 Kernel Holding and its competitors. Kernel Holding's current Inventory Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Kernel Holding stock overvalued right now?

Based on GuruFocus' analysis, Kernel Holding (WAR:KER) is currently considered Significantly Overvalued. The stock's GF Value™ is zł13.16, compared to a current price of zł19.28 — trading 46.5% above its estimated fair value. The current Inventory Turnover is 1.26. Kernel Holding's overall GF Score™ is 66/100 with 1 warning sign to review. 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 Kernel Holding (WAR:KER), the current Inventory Turnover is 1.26 as of Mar. 2026. 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.

Is Kernel Holding (WAR:KER) Overvalued in 2026?

Based on GuruFocus' analysis, Kernel Holding stock appears to be overvalued. The current stock price of zł19.28 is trading 46.5% above its estimated GF Value™ of zł13.16. GuruFocus considers Kernel Holding to be Significantly Overvalued.

Key valuation signals for WAR:KER:

Inventory Turnover: 1.26
GF Value™: zł13.16 vs. price of zł19.28 (46.5% above fair value)
GF Score™: 66/100 with 1 warning sign

No single metric tells the full story. See the WAR:KER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kernel Holding Business Description

Industry Consumer Defensive Retail - Defensive

Comparable Companies WAR:ATP SYY USFD PFGC XLIS:JMT LSE:BNZL JSE:BID HKSE:01768 BKK:CPAXT CHEF SGX:VC2 HAM:B4B UNFI ANDE ASX:MTS SZSE:002515 SHSE:600113 SZSE:000061 XKRX:005440 XKRX:026960

Other Exchanges KARNF:USA 0KE:Germany

Address 3 Tarasa Shevchenka Lane, Kyiv, UKR, 01001

Website https://www.kernel.ua

Kernel Holding SA is an investment holding company. The company's segment includes Oilseed Processing; Infrastructure and Trading and Farming. It generates maximum revenue from the Infrastructure and Trading segment. The Infrastructure and Trading segment includes sourcing and merchandising of wholesale edible oils, grain, provision of silo services, grain handling and transshipment services.

66GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł19.28

Price

zł13.16

GF Value

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