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DuPont de Nemours (DuPont de Nemours) Days Inventory

: 108.10 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). DuPont de Nemours's Average Total Inventories for the three months ended in Dec. 2023 was $2,213 Mil. DuPont de Nemours's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,868 Mil. Hence, DuPont de Nemours's Days Inventory for the three months ended in Dec. 2023 was 108.10.

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

DD' s Days Inventory Range Over the Past 10 Years
Min: 63.07   Med: 103.41   Max: 465.03
Current: 107.51

During the past 13 years, DuPont de Nemours's highest Days Inventory was 465.03. The lowest was 63.07. And the median was 103.41.

DD's Days Inventory is ranked worse than
65.24% of 1493 companies
in the Chemicals industry
Industry Median: 83.51 vs DD: 107.51

DuPont de Nemours's Days Inventory increased from Dec. 2022 (104.44) to Dec. 2023 (108.10). It might indicate that DuPont de Nemours's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. DuPont de Nemours's Inventory Turnover for the three months ended in Dec. 2023 was 0.84.

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. DuPont de Nemours's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.76.


DuPont de Nemours Days Inventory Historical Data

The historical data trend for DuPont de Nemours'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.

DuPont de Nemours Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 153.38 128.83 102.55 95.90 104.26

DuPont de Nemours Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 104.44 109.79 107.52 107.87 108.10

Competitive Comparison

For the Specialty Chemicals subindustry, DuPont de Nemours'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.


DuPont de Nemours Days Inventory Distribution

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

* The bar in red indicates where DuPont de Nemours's Days Inventory falls into.



DuPont de Nemours Days Inventory Calculation

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

DuPont de Nemours'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
=( (2329 + 2147) / 2 ) / 7835*365
=2238 / 7835*365
=104.26

DuPont de Nemours's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2279 + 2147) / 2 ) / 1868*365 / 4
=2213 / 1868*365 / 4
=108.10

* 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.


DuPont de Nemours  (NYSE:DD) 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.

DuPont de Nemours's Inventory Turnover for the three months ended in Dec. 2023 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.

DuPont de Nemours's Inventory to Revenue for the three months 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.


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.


DuPont de Nemours Days Inventory Related Terms

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


DuPont de Nemours (DuPont de Nemours) Business Description

Address
974 Centre Road, Building 730, Wilmington, DE, USA, 19805
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which have evolved over time to enable a wide range of applications across multiple industries.
Executives
Raj Ratnakar officer: SVP & Chief Strategy Officer C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Jon D. Kemp officer: President, Electronics & Indus 974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Michael G. Goss officer: Controller 974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Kristina M Johnson director 19 HEATH PL, DURHAM NC 27705
Amy G. Brady director 127 PUBLIC SQUARE, CLEVELAND OH 44114
Deanna Mulligan director 7 HANOVER SQUARE, NEW YORK NY 10004
Du Pont Eleuthere I director 1007 MARKET STREET, WILMINGTON DE 19810
Raymond J Milchovich director C/O FOSTER WHEELER LTD, PERRYVILLE CORP PARK, CLINTON NJ 08809-4000
Kissam Luther C Iv director 3801 BERESFORD ROAD, CHARLOTTE NC 28211
Ruby R Chandy director 630 DUNDEE ROAD, SUITE 400, NORTHBROOK IL 60062
Frederick M. Lowery director 974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Steven Sterin director 19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Terrence R Curtin director C/O TYCO ELECTRONICS LTD., 1050 WESTLAKES DRIVE, BERWYN PA 19312
Alexander M Cutler director EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Leland Weaver officer: President, Water & Protection 974 CENTRE ROAD, CRP 730, 5216, WILMINGTON DE 19805