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Wolters Kluwer NV (XAMS:WKL) Days Inventory : 18.62 (As of Dec. 2023)


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What is Wolters Kluwer NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wolters Kluwer NV's Average Total Inventories for the six months ended in Dec. 2023 was €82 Mil. Wolters Kluwer NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €799 Mil. Hence, Wolters Kluwer NV's Days Inventory for the six months ended in Dec. 2023 was 18.62.

The historical rank and industry rank for Wolters Kluwer NV's Days Inventory or its related term are showing as below:

XAMS:WKL' s Days Inventory Range Over the Past 10 Years
Min: 16.65   Med: 21.1   Max: 35.87
Current: 18.68

During the past 13 years, Wolters Kluwer NV's highest Days Inventory was 35.87. The lowest was 16.65. And the median was 21.10.

XAMS:WKL's Days Inventory is ranked better than
58.03% of 679 companies
in the Business Services industry
Industry Median: 29.12 vs XAMS:WKL: 18.68

Wolters Kluwer NV's Days Inventory increased from Dec. 2022 (16.51) to Dec. 2023 (18.62). It might indicate that Wolters Kluwer NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wolters Kluwer NV's Inventory Turnover for the six months ended in Dec. 2023 was 9.80.

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. Wolters Kluwer NV's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.


Wolters Kluwer NV Days Inventory Historical Data

The historical data trend for Wolters Kluwer NV's Days Inventory 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.

Wolters Kluwer NV Days Inventory Chart

Wolters Kluwer NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.97 18.93 17.67 16.65 18.88

Wolters Kluwer NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.05 17.06 16.51 18.56 18.62

Competitive Comparison of Wolters Kluwer NV's Days Inventory

For the Specialty Business Services subindustry, Wolters Kluwer NV's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wolters Kluwer NV's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wolters Kluwer NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wolters Kluwer NV's Days Inventory falls into.



Wolters Kluwer NV Days Inventory Calculation

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

Wolters Kluwer NV's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (79 + 84) / 2 ) / 1576*365
=81.5 / 1576*365
=18.88

Wolters Kluwer NV's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (79 + 84) / 2 ) / 799*365 / 2
=81.5 / 799*365 / 2
=18.62

* 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.


Wolters Kluwer NV  (XAMS:WKL) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Wolters Kluwer NV's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

Wolters Kluwer NV's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Wolters Kluwer NV Days Inventory Related Terms

Thank you for viewing the detailed overview of Wolters Kluwer NV's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Wolters Kluwer NV (XAMS:WKL) Business Description

Traded in Other Exchanges
Address
Zuidpoolsingel 2, P.O. Box 1030, Alphen aan den Rijn, ZH, NLD, 2400
Wolters Kluwer is a Europe-listed global information services company. It operates across four distinct business segments serving a wide array of clients: health (26% of 2020 sales), tax and accounting (31%), legal and regulatory (23%), and governance, risk, and compliance (20%). Within these divisions, Wolters aims to be the industry leader in a variety of niche, higher-value services.

Wolters Kluwer NV (XAMS:WKL) Headlines

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