CCF has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
CCF has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Days Inventory is also known as Days Sales of Inventory (DSI). Chase's Average Total Inventories for the three months ended in Aug. 2023 was $73.5 Mil. Chase's Cost of Goods Sold for the three months ended in Aug. 2023 was $65.5 Mil. Hence, Chase's Days Inventory for the three months ended in Aug. 2023 was 102.41.
The historical rank and industry rank for Chase's Days Inventory or its related term are showing as below:
During the past 13 years, Chase's highest Days Inventory was 107.38. The lowest was 64.27. And the median was 81.53.
Chase's Days Inventory declined from Aug. 2022 (102.58) to Aug. 2023 (102.41).
Inventory Turnover measures how fast the company turns over its inventory within a year. Chase's Inventory Turnover for the three months ended in Aug. 2023 was 0.89.
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. Chase's Inventory-to-Revenue for the three months ended in Aug. 2023 was 0.73.
The historical data trend for Chase'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.
Chase Annual Data | |||||||||||||||||||||
Trend | Aug14 | Aug15 | Aug16 | Aug17 | Aug18 | Aug19 | Aug20 | Aug21 | Aug22 | Aug23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 83.12 | 91.93 | 83.88 | 93.86 | 93.60 |
Chase Quarterly Data | ||||||||||||||||||||
Nov18 | Feb19 | May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | |
Days Inventory | Get a 7-Day Free Trial | 102.58 | 101.48 | 130.29 | 111.09 | 102.41 |
For the Specialty Chemicals subindustry, Chase'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.
For the Chemicals industry and Basic Materials sector, Chase's Days Inventory distribution charts can be found below:
* The bar in red indicates where Chase's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Chase's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as
Days Inventory (A: Aug. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Aug. 2022 ) | + | Total Inventories (A: Aug. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Aug. 2023 ) | * | Days in Period |
= | ( (63.039 | + | 69.576) | / | 2 ) | / | 258.574 | * | 365 |
= | 66.3075 | / | 258.574 | * | 365 | ||||
= | 93.60 |
Chase's Days Inventory for the quarter that ended in Aug. 2023 is calculated as:
Days Inventory (Q: Aug. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: May. 2023 ) | + | Total Inventories (Q: Aug. 2023 )) | / | count ) | / | Cost of Goods Sold (Q: Aug. 2023 ) | * | Days in Period |
= | ( (77.485 | + | 69.576) | / | 2 ) | / | 65.516 | * | 365 / 4 |
= | 73.5305 | / | 65.516 | * | 365 / 4 | ||||
= | 102.41 |
* 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.
Chase (AMEX:CCF) 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.
Chase's Inventory Turnover for the three months ended in Aug. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 65.516 | / | 73.5305 | |
= | 0.89 |
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.
Chase's Inventory to Revenue for the three months ended in Aug. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 73.5305 | / | 100.197 | |
= | 0.73 |
* 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.
Thank you for viewing the detailed overview of Chase's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Adam Chase | officer: COO/Vice President | 104 ALBION ROAD, WELLESLEY MA 02481 |
Thomas Jr Wroe | director | |
Ellen Rubin | director | 11 CLEMENTS ROAD, NEWTON MA 02458 |
Mary Claire Chase | director | 115 SUMNER STREET, NEWTON MA 02459 |
Derby John H. Iii | director | 1029 OCEAN BLVD., RYE NH 03870 |
Jeffery D Haigh | officer: Corporate Secretary | 2 SUMMER STREET, NORWOOD MA 02062 |
Michael J. Bourque | officer: Treasurer & CFO | ANALOGIC CORPORATION, 8 CENTENNIAL DRIVE, PEABODY MA 01960 |
Lewis P Gack | director | 5 LIVINGTON CIRCLE, ANDOVER MA 01810 |
Peter R Chase | officer: President, CEO | 305 GRANGE PARK, BRIDGEWATER MA 02324 |
Joan Wallace-benjamin | director | 175 SANDY VALLEY ROAD, DEDHAM MA 02026 |
Christian John Talma | officer: Chief Accounting Officer | 5 ALHAMBRA RD., WELLESLEY MA 02481 |
Chad A. Mcdaniel | director | C/O LYDALL, INC., 1 COLONIAL ROAD, MANCHESTER CT 06042 |
Thomas D. Debyle | director | STANDEX INT'L, 6 MANOR PARKWAY, SALEM NH 03079 |
Kenneth James Feroldi | officer: CFO/Treasurer | 67 KIMBERLEY DRIVE, WAKEFIELD RI 02878 |
Everett Jr Chadwick | director | 20 SOUTH DRIVE, BRIDGEWATER MA 02324 |
From GuruFocus
By gurufocus 10qk • 11-15-2010
By PRNewswire • 09-19-2023
By PRNewswire • 09-06-2023
By GuruFocus Research GuruFocus Editor • 03-09-2010
By Marketwired • 07-24-2023
By Daniel Seens SEENSCO • 07-25-2014
By GuruFocus Research GuruFocus Editor • 03-12-2010
By Tiziano Frateschi Tiziano Frateschi • 06-23-2015
By GF Value GF Value • 04-08-2021
By Robert Abbott Robert Abbott • 10-24-2014
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.