Kerry Group (Kerry Group) Total Inventories : $1,200 Mil (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Kerry Group Total Inventories?

Kerry Group's total inventories for the quarter that ended in Dec. 2023 was $1,200 Mil. Kerry Group's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $1,311 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kerry Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-17.28.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Kerry Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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 Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.31.

Kerry Group Total Inventories Historical Data

The historical data trend for Kerry Group's Total Inventories 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.

* Premium members only.

Kerry Group Total Inventories Chart

Kerry Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

1,103.67

1,186.86

1,360.68

1,434.75

1,199.78

Kerry Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															1,360.68	1,581.50	1,434.75	1,422.21	1,199.78

Kerry Group Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Kerry Group (OTCPK:KRYAY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Kerry Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1029.117	+	0.75 * 1296.074	+	0.5 * 1199.782	-	5637.514
-	0	-	1.636)	/	175.793
=	-17.28

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

Kerry Group'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
	=	1310.996	/	0	*	365 / 2
	=

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	0	/	1310.996
	=	0.00

4. 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 Group'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 )
	=	1310.996	/	4251.581
	=	0.31

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Kerry Group Total Inventories Related Terms

Thank you for viewing the detailed overview of Kerry Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Kerry Group (Kerry Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kerry Group PLC (OTCPK:KRYAY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

KRYAF:USA KRZ:Ireland KYGAl:UK KYGA:UK KRZA:Germany KRZA:Germany KRZ:Germany KRZ:Germany

Address

Prince's Street, Tralee, Kerry, IRL, V92 EH11

Website

https://www.kerry.com

Kerry Group is a global leader in taste and ingredient technology servicing the food, beverage, and pharmaceutical sectors. The company has more than 200 locations that supply clients in more than 50 countries. It gets around 80% of its revenue from developed countries and 20% from the developing world, servicing a wide range of end-use sectors, such as meat, meals, snacks, dairy, drinks, and pharmaceuticals. Kerry has expanded through a combination of organic development and multiple tuck-in acquisitions.