Kontoor Brands's change in inventory for the quarter that ended in Mar. 2024 was $-1 Mil. It means Kontoor Brands's inventory
increased by $1 Mil
from Dec. 2023 to Mar. 2024 .
Kontoor Brands's change in inventory for the fiscal year that ended in Dec. 2023 was $101 Mil. It means Kontoor Brands's inventory
declined by $101 Mil
from Dec. 2022 to Dec. 2023 .
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 quarter that ended in Mar. 2024 was 132.07.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kontoor Brands's Inventory Turnover for the quarter that 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 quarter that ended in Mar. 2024 was 0.79.
Kontoor Brands Change In Inventory Historical Data
The historical data trend for Kontoor Brands's Change In 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.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $160 Mil.
* 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 (NYSE:KTB) Change In Inventory Explanation
1. 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 quarter that ended in is calculated as:
3. 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 quarter that 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.
Kontoor Brands Change In Inventory Related Terms
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Kontoor Brands (Kontoor Brands) Business Description
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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