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Kromek Group (LSE:KMK) Days Inventory : 627.03 (As of Oct. 2023)


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What is Kromek Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kromek Group's Average Total Inventories for the six months ended in Oct. 2023 was £11.15 Mil. Kromek Group's Cost of Goods Sold for the six months ended in Oct. 2023 was £3.25 Mil. Hence, Kromek Group's Days Inventory for the six months ended in Oct. 2023 was 627.03.

The historical rank and industry rank for Kromek Group's Days Inventory or its related term are showing as below:

LSE:KMK' s Days Inventory Range Over the Past 10 Years
Min: 183.47   Med: 308.12   Max: 532.85
Current: 532.85

During the past 13 years, Kromek Group's highest Days Inventory was 532.85. The lowest was 183.47. And the median was 308.12.

LSE:KMK's Days Inventory is ranked worse than
97.18% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs LSE:KMK: 532.85

Kromek Group's Days Inventory increased from Oct. 2022 (481.94) to Oct. 2023 (627.03). It might indicate that Kromek Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kromek Group's Inventory Turnover for the six months ended in Oct. 2023 was 0.29.

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. Kromek Group's Inventory-to-Revenue for the six months ended in Oct. 2023 was 1.57.


Kromek Group Days Inventory Historical Data

The historical data trend for Kromek Group'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.

Kromek Group Days Inventory Chart

Kromek Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 183.47 254.61 430.75 474.94 466.32

Kromek Group Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 493.54 415.68 481.94 458.78 627.03

Competitive Comparison of Kromek Group's Days Inventory

For the Scientific & Technical Instruments subindustry, Kromek Group'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.


Kromek Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kromek Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kromek Group's Days Inventory falls into.



Kromek Group Days Inventory Calculation

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

Kromek Group's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (10.503 + 10.894) / 2 ) / 8.374*365
=10.6985 / 8.374*365
=466.32

Kromek Group's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (10.894 + 11.411) / 2 ) / 3.246*365 / 2
=11.1525 / 3.246*365 / 2
=627.03

* 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.


Kromek Group  (LSE:KMK) 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.

Kromek Group's Inventory Turnover for the six months ended in Oct. 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.

Kromek Group's Inventory to Revenue for the six months ended in Oct. 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.


Kromek Group Days Inventory Related Terms

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


Kromek Group (LSE:KMK) Business Description

Traded in Other Exchanges
Address
Thomas Wright Way, NETPark, Sedgefield, Durham, GBR, TS21 3FD
Kromek Group PLC is the developer of radiation detectors based on cadmium zinc telluride, providing improved detection and characterization capabilities within the medical imaging, nuclear detection, and security screening markets. Based on its technology platforms, the company design, develop, and produces x-ray and gamma-ray imaging and radiation detection products for the industrial and consumer markets. Some of its products include TN15 thermal neutron detector, SPEAR CZT-based radiation detector, VTF voltage to frequency converter, D3S NET networked radiation detector, and Photon-counting spectral CT. Its geographical segments include the United Kingdom, North America, Asia, Europe, and Australasia, of which the majority of the revenue comes from North America.

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