Days Inventory is also known as Days Sales of Inventory (DSI). Kontoor Brands's Average Total Inventories for the
three
months ended in Mar. 2024 was €460 Mil. Kontoor Brands's Cost of Goods Sold for the
three
months ended in Mar. 2024 was €318 Mil.
Hence, Kontoor Brands's Days Inventory for the
three
months ended in Mar. 2024 was 131.85.
The historical rank and industry rank for Kontoor Brands's Days Inventory or its related term are showing as below:
FRA:3KO'
s Days Inventory Range Over the Past 10 Years
Min: 93.86 Med: 110.12 Max: 142.23
Current: 142.23
During the past 8 years, Kontoor Brands's highest Days Inventory was 142.23. The lowest was 93.86. And the median was 110.12.
FRA:3KO's Days Inventory is ranked worse than 54.6% of 1011
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.69
vs FRA:3KO: 142.23
Kontoor Brands's Days Inventory
declined
from Mar. 2023 (151.51) to Mar. 2024 (131.85).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kontoor Brands's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.69.
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.
Kontoor Brands's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.79.
Kontoor Brands Days Inventory Historical Data
The historical data trend for Kontoor Brands'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 Kontoor Brands's Days Inventory
For the Apparel Manufacturing subindustry, Kontoor Brands'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.
Kontoor Brands's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kontoor Brands's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kontoor Brands's Days Inventory falls into.
Kontoor Brands Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kontoor Brands'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.
Kontoor Brands (FRA:3KO) 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.
Kontoor Brands's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Kontoor Brands's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Kontoor Brands Days Inventory Related Terms
Thank you for viewing the detailed overview of Kontoor Brands's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Kontoor Brands Inc is a lifestyle apparel company. It is engaged in designing, manufacturing, sourcing, marketing, and distribution of its portfolio of brands, including Wrangler and Lee. It manufactures its products in owned and leased facilities and distributes the products through both brick and mortar and e-commerce retailers. It generates the majority of its revenue from the Wrangler segment. The company's geographical segments are the United States and International, of which the majority of its revenue comes from the United States.
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