The historical rank and industry rank for Knife River Holding Co's Days Inventory or its related term are showing as below:
KNF'
s Days Inventory Range Over the Past 10 Years
Min: 51.2 Med: 51.61 Max: 56.52
Current: 55.53
During the past 4 years, Knife River Holding Co's highest Days Inventory was 56.52. The lowest was 51.20. And the median was 51.61.
KNF's Days Inventory is ranked better than 70.92% of 368
companies
in the Building Materials industry
Industry Median: 83.49
vs KNF: 55.53
Knife River Holding Co's Days Inventory
declined
from Mar. 2023 (104.60) to Mar. 2024 (98.20).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Knife River Holding Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.93.
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.
Knife River Holding Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.05.
Knife River Holding Co Days Inventory Historical Data
The historical data trend for Knife River Holding Co'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 Knife River Holding Co's Days Inventory
For the Building Materials subindustry, Knife River Holding Co'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.
Knife River Holding Co's Days Inventory Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Knife River Holding Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Knife River Holding Co's Days Inventory falls into.
Knife River Holding Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Knife River Holding Co'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.
Knife River Holding Co (NYSE:KNF) 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.
Knife River Holding Co'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.
Knife River Holding Co'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.
Knife River Holding Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Knife River Holding Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Knife River Holding Co (Knife River Holding Co) Business Description
Knife River Holding Co formerly Knife River Corp provides construction materials and contracting services throughout the western, central, and southern United States. Knife River produces and delivers aggregates and markets crushed stone, sand, gravel, and related construction materials, including ready-mix concrete, asphalt, and other value-added products. It also distributes cement and asphalt oil. It has more than 1 billion tons of aggregate reserves, 110 ready-mix plants, 50 asphalt plants, and a combined 410,000 tons of liquid asphalt and cement storage. The company also performs integrated contracting services for most types of aggregate-related construction, including roads, freeways, bridges, residential properties, schools, shopping centers, office buildings, and industrial parks.
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