Days Inventory is also known as Days Sales of Inventory (DSI). Cabot's Average Total Inventories for the
three
months ended in Dec. 2023 was $601 Mil. Cabot's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $740 Mil.
Hence, Cabot's Days Inventory for the
three
months ended in Dec. 2023 was 74.11.
The historical rank and industry rank for Cabot's Days Inventory or its related term are showing as below:
CBT'
s Days Inventory Range Over the Past 10 Years
Min: 59.44 Med: 69.21 Max: 74.8
Current: 74.8
During the past 13 years, Cabot's highest Days Inventory was 74.80. The lowest was 59.44. And the median was 69.21.
CBT's Days Inventory is ranked better than 56.89% of 1494
companies
in the Chemicals industry
Industry Median: 83.765
vs CBT: 74.80
Cabot's Days Inventory
declined
from Dec. 2022 (79.61) to Dec. 2023 (74.11).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cabot's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.23.
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.
Cabot's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.63.
Cabot Days Inventory Historical Data
The historical data trend for Cabot'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.
For the Specialty Chemicals subindustry, Cabot'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.
Cabot's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Cabot's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cabot's Days Inventory falls into.
Cabot Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cabot's Days Inventory for the fiscal year that ended in Sep. 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.
Cabot (NYSE:CBT) 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.
Cabot'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.
Cabot'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.
Cabot Days Inventory Related Terms
Thank you for viewing the detailed overview of Cabot's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cabot Corp manufactures and sells a variety of chemicals, materials, and chemical-based products. The company organizes itself into two segments based on the product type. The reinforcement materials segment, which generates more revenue than any other segment, sells rubber-grade carbon black products used in hoses and belts in automobiles. The performance chemicals segment sells ink-jet colorants and metal oxides used in the automotive and construction industries.
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