Kreate Group (OHEL:KREATE) Days Inventory : 0.00 (As of Mar. 2024)

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What is Kreate Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kreate Group's Average Total Inventories for the three months ended in Mar. 2024 was €0.0 Mil. Kreate Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €38.8 Mil. Hence, Kreate Group's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

OHEL:KREATE's Days Inventory is not ranked ^*
in the Construction industry.
Industry Median: 48.64
* Ranked among companies with meaningful Days Inventory only.

Kreate Group's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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

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. Kreate Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Kreate Group Days Inventory Historical Data

The historical data trend for Kreate 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.

Kreate Group Days Inventory Chart

Kreate Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

Kreate Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial											-	-	-	-	-

Competitive Comparison of Kreate Group's Days Inventory

For the Engineering & Construction subindustry, Kreate 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.

Kreate Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kreate Group's Days Inventory distribution charts can be found below:

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

Kreate Group Days Inventory Calculation

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

Kreate Group'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
=	( (0	+	0)	/	1 )	/	251.093	*	365
=	0					/	251.093	*	365
=	0.00

Kreate Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	38.8	*	365 / 4
=	0					/	38.8	*	365 / 4
=	0.00

Kreate Group (OHEL:KREATE) 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.

Kreate Group's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	38.8	/	0
	=

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.

Kreate Group's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	54.4
	=	0.00

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.

Kreate Group Days Inventory Related Terms

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

Kreate Group (OHEL:KREATE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kreate Group PLC (OHEL:KREATE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haarakaari 42, Tuusula, FIN, 04360

Website

https://www.kreate.fi

Kreate Group PLC provides solutions for bridges, roads, and tracks, environmental and foundation construction. The services of the company include Bridge construction and repair, Circular economy, Foundation and concrete construction, Rock engineering, Special foundation construction, and Transport infrastructure construction. The company has one operating segment: Infrastructure Construction.

Kreate Group (OHEL:KREATE) Headlines

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