Quaker Houghton (Quaker Houghton) Days Inventory

: 74.71 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Quaker Houghton's Average Total Inventories for the three months ended in Dec. 2023 was $242 Mil. Quaker Houghton's Cost of Goods Sold for the three months ended in Dec. 2023 was $296 Mil. Hence, Quaker Houghton's Days Inventory for the three months ended in Dec. 2023 was 74.71.

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

KWR' s Days Inventory Range Over the Past 10 Years
Min: 55.29 Med: 63.44 Max: 78.28
Current: 78.28

During the past 13 years, Quaker Houghton's highest Days Inventory was 78.28. The lowest was 55.29. And the median was 63.44.

KWR's Days Inventory is ranked better than
54.25% of 1493 companies
in the Chemicals industry
Industry Median: 83.38 vs KWR: 78.28

Quaker Houghton's Days Inventory declined from Dec. 2022 (83.60) to Dec. 2023 (74.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Quaker Houghton's Inventory Turnover for the three months ended in Dec. 2023 was 1.22.

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. Quaker Houghton's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.52.

Quaker Houghton Days Inventory Historical Data

The historical data trend for Quaker Houghton'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.

Quaker Houghton Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

66.23

73.21

70.76

75.33

75.87

Quaker Houghton Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																83.60	80.77	81.62	78.06	74.71

Competitive Comparison

For the Specialty Chemicals subindustry, Quaker Houghton'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.

Quaker Houghton Days Inventory Distribution

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

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

Quaker Houghton Days Inventory Calculation

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

Quaker Houghton'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
=	( (284.848	+	233.857)	/	2 )	/	1247.669	*	365
=	259.3525					/	1247.669	*	365
=	75.87

Quaker Houghton'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
=	( (250.77	+	233.857)	/	2 )	/	295.953	*	365 / 4
=	242.3135					/	295.953	*	365 / 4
=	74.71

Quaker Houghton (NYSE:KWR) 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.

Quaker Houghton's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	295.953	/	242.3135
	=	1.22

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.

Quaker Houghton's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	242.3135	/	467.109
	=	0.52

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.

Quaker Houghton Days Inventory Related Terms

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

Quaker Houghton (Quaker Houghton) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Quaker Houghton (NYSE:KWR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 East Hector Street, Conshohocken, PA, USA, 19428-2380

Website

https://www.quakerhoughton.com

Quaker Houghton manufactures and sells a variety of industrial process fluids. The product portfolio of the company includes metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids and surface treatment chemicals. The geographic segments of the company includes America, EMEA, Asia/Pacific and Global Specialty Businesses. Majority of the revenue is earned from America.

Executives

Jeewat Bijlani	officer: SVP - Managing Director, Ams.	QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Anna Ransley	officer: SVP, CDIO	QUAKER CHEMICAL CORPORATION, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Russell Shaller	director	6555 WEST GOOD HOPE RD, MILWAUKEE WI 53223
Melissa Leneis	officer: SVP, CHRO	QUAKER CHEMICAL CORPORATION, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Jeffry D Frisby	director	C/O QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 HECTOR STREET, CONSHOHOCKEN PA 19428
David Slinkman	officer: SVP - Chief Technology Officer	QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Joseph A Berquist	officer: VP & Managing Director - NA	QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Robert T Traub	officer: SVP, GC & Corp. Sec.	QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
David Will	other: VP, Global Controller & PAO	QUAKER CHEMICAL CORPORATION, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Michael F Barry	officer: VP & CFO & Treasurer	ONE QUAKER PARK, 901 HECTOR ST, CONSHOHOCHEN PA 19428
Jeffrey L Fleck	officer: SVP, Chief GSCO	1310 SEABOARD INDUSTRIAL BLVD, ATLANTA X1 30318
L Wilbert Platzer	officer: VP - WWO
Dieter Laininger	officer: Vice President - Global Steel	QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Gulf Hungary Holding Korlatolt Felelossegu Tarsasag	10 percent owner	FURJ UTCA 2, BUDAPEST K5 1124
Qh Hungary Holdings Ltd	10 percent owner	STERLING TRUST CAYMAN LTD, WH, 238 NORTH CHURCH STREET, P.O BOX 1043, GEORGE TOWN E9 KY1-1102