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Klaveness Combination Carriers ASA (FRA:36K) Days Inventory : 36.02 (As of Sep. 2024)


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What is Klaveness Combination Carriers ASA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Klaveness Combination Carriers ASA's Average Total Inventories for the three months ended in Sep. 2024 was €11.6 Mil. Klaveness Combination Carriers ASA's Cost of Goods Sold for the three months ended in Sep. 2024 was €29.4 Mil. Hence, Klaveness Combination Carriers ASA's Days Inventory for the three months ended in Sep. 2024 was 36.02.

The historical rank and industry rank for Klaveness Combination Carriers ASA's Days Inventory or its related term are showing as below:

FRA:36K' s Days Inventory Range Over the Past 10 Years
Min: 9.5   Med: 22.44   Max: 36.2
Current: 31.12

During the past 9 years, Klaveness Combination Carriers ASA's highest Days Inventory was 36.20. The lowest was 9.50. And the median was 22.44.

FRA:36K's Days Inventory is ranked worse than
77.34% of 768 companies
in the Transportation industry
Industry Median: 11.97 vs FRA:36K: 31.12

Klaveness Combination Carriers ASA's Days Inventory declined from Sep. 2023 (36.30) to Sep. 2024 (36.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Klaveness Combination Carriers ASA's Inventory Turnover for the three months ended in Sep. 2024 was 2.53.

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. Klaveness Combination Carriers ASA's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.18.


Klaveness Combination Carriers ASA Days Inventory Historical Data

The historical data trend for Klaveness Combination Carriers ASA'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.

Klaveness Combination Carriers ASA Days Inventory Chart

Klaveness Combination Carriers ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 22.85 23.13 23.62 35.68 38.33

Klaveness Combination Carriers ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.30 19.56 40.32 40.16 36.02

Competitive Comparison of Klaveness Combination Carriers ASA's Days Inventory

For the Marine Shipping subindustry, Klaveness Combination Carriers ASA'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.


Klaveness Combination Carriers ASA's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Klaveness Combination Carriers ASA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Klaveness Combination Carriers ASA's Days Inventory falls into.



Klaveness Combination Carriers ASA Days Inventory Calculation

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

Klaveness Combination Carriers ASA'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
=( (17.84 + 11.117) / 2 ) / 137.859*365
=14.4785 / 137.859*365
=38.33

Klaveness Combination Carriers ASA's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (11.887 + 11.324) / 2 ) / 29.397*365 / 4
=11.6055 / 29.397*365 / 4
=36.02

* 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.


Klaveness Combination Carriers ASA  (FRA:36K) 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.

Klaveness Combination Carriers ASA's Inventory Turnover for the three months ended in Sep. 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.

Klaveness Combination Carriers ASA's Inventory to Revenue for the three months ended in Sep. 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.


Klaveness Combination Carriers ASA Days Inventory Related Terms

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


Klaveness Combination Carriers ASA Business Description

Traded in Other Exchanges
Address
Drammensveien 260, Oslo, NOR, 0283
Klaveness Combination Carriers ASA is an owner and operator of combination carriers in Norway. The company has developed and refined vessel design and equipment, operational procedures, and crew training to provide customers with efficient, reliable, and high-quality shipping services. Its objective is to establish and expand a profitable combination carrier service within several regions, servicing the alumina and the petroleum/petrochemical industries.

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