Days Inventory is also known as Days Sales of Inventory (DSI). Knorr-Bremse AG's Average Total Inventories for the
three
months ended in Dec. 2023 was €1,192 Mil. Knorr-Bremse AG's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €1,002 Mil.
Hence, Knorr-Bremse AG's Days Inventory for the
three
months ended in Dec. 2023 was 108.56.
The historical rank and industry rank for Knorr-Bremse AG's Days Inventory or its related term are showing as below:
XTER:KBX'
s Days Inventory Range Over the Past 10 Years
Min: 81.38 Med: 88.25 Max: 112.28
Current: 112.28
During the past 9 years, Knorr-Bremse AG's highest Days Inventory was 112.28. The lowest was 81.38. And the median was 88.25.
XTER:KBX's Days Inventory is ranked worse than 70.2% of 1255
companies
in the Vehicles & Parts industry
Industry Median: 81.83
vs XTER:KBX: 112.28
Knorr-Bremse AG's Days Inventory
declined
from Dec. 2022 (110.06) to Dec. 2023 (108.56).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Knorr-Bremse AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.84.
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.
Knorr-Bremse AG's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.58.
Knorr-Bremse AG Days Inventory Historical Data
The historical data trend for Knorr-Bremse AG'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.
Competitive Comparison of Knorr-Bremse AG's Days Inventory
For the Auto Parts subindustry, Knorr-Bremse AG'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.
Knorr-Bremse AG's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Knorr-Bremse AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Knorr-Bremse AG's Days Inventory falls into.
Knorr-Bremse AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Knorr-Bremse AG's Days Inventory for the fiscal year that 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.
Knorr-Bremse AG (XTER:KBX) 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.
Knorr-Bremse AG's Inventory Turnover for the
three
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.
Knorr-Bremse AG's Inventory to Revenue for the
three
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.
Knorr-Bremse AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Knorr-Bremse AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Knorr-Bremse AG is engaged in the development, production, marketing, and servicing of Automotive parts. It operates its business activities in two divisions: Rail Vehicle Systems and Commercial Vehicle Systems. Its product portfolio comprises Braking, entrance, and HVAC systems; power electric and control technology; digital solutions; couplers; signal systems; pneumatic braking systems; energy supply and distribution systems; wiper and wash systems; and others. Its geographical segments are Europe/Africa, North America, South America, and Asia-Pacific.
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