The historical rank and industry rank for Kardex Holding AG's Days Inventory or its related term are showing as below:
KRDXF'
s Days Inventory Range Over the Past 10 Years
Min: 39.32 Med: 49.65 Max: 70.6
Current: 55.85
During the past 13 years, Kardex Holding AG's highest Days Inventory was 70.60. The lowest was 39.32. And the median was 49.65.
KRDXF's Days Inventory is ranked better than 86.1% of 2907
companies
in the Industrial Products industry
Industry Median: 119.85
vs KRDXF: 55.85
Kardex Holding AG's Days Inventory
increased
from Dec. 2022 (44.55) to Dec. 2023 (48.54).
It might indicate that Kardex Holding AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kardex Holding AG's Inventory Turnover for the
six
months ended in Dec. 2023 was 3.76.
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.
Kardex Holding AG's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.18.
Kardex Holding AG Days Inventory Historical Data
The historical data trend for Kardex Holding 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 Kardex Holding AG's Days Inventory
For the Specialty Industrial Machinery subindustry, Kardex Holding 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.
Kardex Holding AG's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kardex Holding AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kardex Holding AG's Days Inventory falls into.
Kardex Holding AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kardex Holding 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.
Kardex Holding AG (OTCPK:KRDXF) 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.
Kardex Holding AG'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.
Kardex Holding AG'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.
Kardex Holding AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Kardex Holding AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Kardex Holding AG (Kardex Holding AG) Business Description
Kardex Holding AG is engaged in providing automated storage solutions and materials handling systems. It operates in two divisions namely Kardex Remstar and Kardex Mlog. The Kardex Remstar division is active in the development, production, and maintenance of dynamic storage and retrieval systems, and the Kardex Mlog division develops and manufactures integrated materials handling systems and automated high-bay warehouses. It operates in various geographical regions which include Europe, the Americas, Asia/Pacific Middle East and Africa. The group generates the majority of its revenue from the Kardex Remstar segment.
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