GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » New Zealand King Salmon Investments Ltd (OTCPK:NZKSF) » Definitions » Days Inventory

New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Days Inventory : 280.64 (As of Jan. 2024)


View and export this data going back to 2019. Start your Free Trial

What is New Zealand Kinglmon Investments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). New Zealand Kinglmon Investments's Average Total Inventories for the six months ended in Jan. 2024 was $45.2 Mil. New Zealand Kinglmon Investments's Cost of Goods Sold for the six months ended in Jan. 2024 was $29.4 Mil. Hence, New Zealand Kinglmon Investments's Days Inventory for the six months ended in Jan. 2024 was 280.64.

The historical rank and industry rank for New Zealand Kinglmon Investments's Days Inventory or its related term are showing as below:

NZKSF' s Days Inventory Range Over the Past 10 Years
Min: 285.03   Med: 333.03   Max: 478.35
Current: 285.03

During the past 7 years, New Zealand Kinglmon Investments's highest Days Inventory was 478.35. The lowest was 285.03. And the median was 333.03.

NZKSF's Days Inventory is ranked worse than
92.28% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs NZKSF: 285.03

New Zealand Kinglmon Investments's Days Inventory declined from Jan. 2023 (281.78) to Jan. 2024 (280.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. New Zealand Kinglmon Investments's Inventory Turnover for the six months ended in Jan. 2024 was 0.65.

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. New Zealand Kinglmon Investments's Inventory-to-Revenue for the six months ended in Jan. 2024 was 0.77.


New Zealand Kinglmon Investments Days Inventory Historical Data

The historical data trend for New Zealand Kinglmon Investments'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.

New Zealand Kinglmon Investments Days Inventory Chart

New Zealand Kinglmon Investments Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial 295.46 465.82 283.97 310.30 385.21

New Zealand Kinglmon Investments Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jan22 Jul22 Jan23 Jul23 Jan24
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 226.85 69.56 281.78 204.58 280.64

Competitive Comparison of New Zealand Kinglmon Investments's Days Inventory

For the Farm Products subindustry, New Zealand Kinglmon Investments'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.


New Zealand Kinglmon Investments's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, New Zealand Kinglmon Investments's Days Inventory distribution charts can be found below:

* The bar in red indicates where New Zealand Kinglmon Investments's Days Inventory falls into.



New Zealand Kinglmon Investments Days Inventory Calculation

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

New Zealand Kinglmon Investments's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (57.668 + 73.737) / 2 ) / 62.255*365
=65.7025 / 62.255*365
=385.21

New Zealand Kinglmon Investments's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (16.708 + 73.737) / 2 ) / 29.408*365 / 2
=45.2225 / 29.408*365 / 2
=280.64

* 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.


New Zealand Kinglmon Investments  (OTCPK:NZKSF) 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.

New Zealand Kinglmon Investments's Inventory Turnover for the six months ended in Jan. 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.

New Zealand Kinglmon Investments's Inventory to Revenue for the six months ended in Jan. 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.


New Zealand Kinglmon Investments Days Inventory Related Terms

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


New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Business Description

Traded in Other Exchanges
Address
17 Bullen Street, Tahunanui, Nelson, STL, NZL, 7011
New Zealand King Salmon Investments Ltd is engaged in the farming, processing, and sale of salmon products. Its brands include Regal, Southern Ocean, Omega Plus, Ora King, and King Salmon. Its product range includes Whole fish; Fillets, Steaks & Portions; Wood Roasted; Cold Smoked; and Others. The company's geographical area of revenue are North America, Australia, Japan, China, Europe, Others and majority being from New Zealand.

New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Headlines

From GuruFocus