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Chemtura (Chemtura) Days Inventory : 105.09 (As of Dec. 2016)


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What is Chemtura Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chemtura's Average Total Inventories for the three months ended in Dec. 2016 was $319 Mil. Chemtura's Cost of Goods Sold for the three months ended in Dec. 2016 was $277 Mil. Hence, Chemtura's Days Inventory for the three months ended in Dec. 2016 was 105.09.

The historical rank and industry rank for Chemtura's Days Inventory or its related term are showing as below:

CHMT's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 83.31
* Ranked among companies with meaningful Days Inventory only.

Chemtura's Days Inventory increased from Dec. 2015 (97.59) to Dec. 2016 (105.09). It might indicate that Chemtura's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chemtura's Inventory Turnover for the three months ended in Dec. 2016 was 0.87.

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. Chemtura's Inventory-to-Revenue for the three months ended in Dec. 2016 was 0.83.


Chemtura Days Inventory Historical Data

The historical data trend for Chemtura'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.

Chemtura Days Inventory Chart

Chemtura Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.39 78.90 73.24 89.58 96.58

Chemtura Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 97.59 100.13 90.82 101.20 105.09

Competitive Comparison of Chemtura's Days Inventory

For the Specialty Chemicals subindustry, Chemtura'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.


Chemtura's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemtura's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chemtura's Days Inventory falls into.



Chemtura Days Inventory Calculation

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

Chemtura's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (315 + 310) / 2 ) / 1181*365
=312.5 / 1181*365
=96.58

Chemtura's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

Days Inventory (Q: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2016 ) + Total Inventories (Q: Dec. 2016 )) / count ) / Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=( (328 + 310) / 2 ) / 277*365 / 4
=319 / 277*365 / 4
=105.09

* 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.


Chemtura  (NYSE:CHMT) 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.

Chemtura's Inventory Turnover for the three months ended in Dec. 2016 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.

Chemtura's Inventory to Revenue for the three months ended in Dec. 2016 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.


Chemtura Days Inventory Related Terms

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


Chemtura (Chemtura) Business Description

Traded in Other Exchanges
N/A
Address
Chemtura manufactures and sells a variety of chemicals, which include lubricants and bromine. The company organizes itself into two segments based on product type. The industrial performance products segment, which generates most of Chemtura's revenue, sells synthetic lubricants and specialty greases that reduce friction for engines and machines. These products are typically sold to the automotive, aviation, marine, and refrigeration industries. The industrial engineered products segment sells a variety of bromine-based products, which include brominated flame retardants for consumer electronics, oil and gas drilling fluids, and pesticides for the agricultural industry. More revenue comes from North America than any other region.
Executives
Jeffrey D Benjamin director 9 WEST 57TH STREET, 43TH FLOOR, NEW YORK NY 10019
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
John K Wulff director C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001
Stephen C Forsyth officer: EVP & CFO C/O HEXCEL CORP, 281 TRESSER BLVD, STAMFORD CT 06901
Jonathan F Foster director 777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Laurence Michael Orton officer: VP, Corporate Controller C/O CHEMTURA CORPORATION, 199 BENSON ROAD, MIDDLEBURY CT 06749
Craig A Rogerson director, officer: President and CEO 1313 N MARKET ST, WILMINGTON DE 19894
Timothy J Bernlohr director 90 EAST HALSEY RD., PARSIPPANY NJ 07054
James W Crownover director
Kevin V Mahoney officer: SVP and Corporate Controller 199 BENSON ROAD, MIDDLEBURY CT 06749
Roger L Headrick director 199 BENSON RD, MIDDLEBURY CT 06749
Burton M Joyce director
Hale Martin M Sr director C/O GREAT LAKES CHEMICAL, 500 E 96TH STREET SUITE 500, INDIANAPOLIS IN 46240
Trian Fund Management, L.p. other: less than 10% owner 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Edward P Garden director 223 SUNSET AVENUE, PALM BEACH FL 33480

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