Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Days Inventory

: 33.36 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Chemtrade Logisticsome Fund's Average Total Inventories for the three months ended in Dec. 2023 was $98 Mil. Chemtrade Logisticsome Fund's Cost of Goods Sold for the three months ended in Dec. 2023 was $268 Mil. Hence, Chemtrade Logisticsome Fund's Days Inventory for the three months ended in Dec. 2023 was 33.36.

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

CGIFF' s Days Inventory Range Over the Past 10 Years
Min: 14.94 Med: 30.7 Max: 35.61
Current: 35.61

During the past 13 years, Chemtrade Logisticsome Fund's highest Days Inventory was 35.61. The lowest was 14.94. And the median was 30.70.

CGIFF's Days Inventory is ranked better than
87.4% of 1492 companies
in the Chemicals industry
Industry Median: 83.41 vs CGIFF: 35.61

Chemtrade Logisticsome Fund's Days Inventory declined from Dec. 2022 (34.43) to Dec. 2023 (33.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chemtrade Logisticsome Fund's Inventory Turnover for the three months ended in Dec. 2023 was 2.74.

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. Chemtrade Logisticsome Fund's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.31.

Chemtrade Logisticsome Fund Days Inventory Historical Data

The historical data trend for Chemtrade Logisticsome Fund'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.

Chemtrade Logisticsome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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33.43

31.25

29.68

32.87

34.61

Chemtrade Logisticsome Fund Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															34.43	36.85	36.46	36.31	33.36

Competitive Comparison

For the Chemicals subindustry, Chemtrade Logisticsome Fund'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.

Chemtrade Logisticsome Fund Days Inventory Distribution

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

* The bar in red indicates where Chemtrade Logisticsome Fund's Days Inventory falls into.

Chemtrade Logisticsome Fund Days Inventory Calculation

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

Chemtrade Logisticsome Fund'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
=	( (108.487	+	93.102)	/	2 )	/	1062.999	*	365
=	100.7945					/	1062.999	*	365
=	34.61

Chemtrade Logisticsome Fund'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
=	( (103.052	+	93.102)	/	2 )	/	268.246	*	365 / 4
=	98.077					/	268.246	*	365 / 4
=	33.36

Chemtrade Logisticsome Fund (OTCPK:CGIFF) 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.

Chemtrade Logisticsome Fund's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	268.246	/	98.077
	=	2.74

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.

Chemtrade Logisticsome Fund's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	98.077	/	314.562
	=	0.31

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.

Chemtrade Logisticsome Fund Days Inventory Related Terms

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Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemtrade Logistics Income Fund (OTCPK:CGIFF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CHE.UN:Canada

Address

155 Gordon Baker Road, Suite 300, Toronto, ON, CAN, M2H 3N5

Website

https://www.chemtradelogistics.com

Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company is organized into four main operating segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), Electrochemicals, and Corporate. SPPC markets, remove, and produces merchant, regenerated, and ultra-pure sulphuric acid, liquid sulphur dioxide, sodium hydrosulfite and provides other processing services. WSSC manufactures and markets inorganic coagulants used in water treatment, which includes aluminium sulphate, aluminium chlorodryhate, polyaluminium chloride, sodium nitrate, potassium chloride, and other specialty chemicals. Its geographical segments are Canada, the United States, and South America.