GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Croda International PLC (OTCPK:COIHY) » Definitions » Days Inventory
中文

Croda International (Croda International) Days Inventory

: 148.72 (As of Dec. 2023)
View and export this data going back to 2011. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Croda International's Average Total Inventories for the six months ended in Dec. 2023 was $481 Mil. Croda International's Cost of Goods Sold for the six months ended in Dec. 2023 was $590 Mil. Hence, Croda International's Days Inventory for the six months ended in Dec. 2023 was 148.72.

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

COIHY' s Days Inventory Range Over the Past 10 Years
Min: 102.23   Med: 125.57   Max: 154.49
Current: 154.49

During the past 13 years, Croda International's highest Days Inventory was 154.49. The lowest was 102.23. And the median was 125.57.

COIHY's Days Inventory is ranked worse than
81.06% of 1494 companies
in the Chemicals industry
Industry Median: 83.765 vs COIHY: 154.49

Croda International's Days Inventory declined from Dec. 2022 (160.92) to Dec. 2023 (148.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. Croda International's Inventory Turnover for the six 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. Croda International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.47.


Croda International Days Inventory Historical Data

The historical data trend for Croda International'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.

Croda International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.55 135.95 143.75 156.70 149.04

Croda International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 154.28 140.92 160.92 158.76 148.72

Competitive Comparison

For the Specialty Chemicals subindustry, Croda International'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.


Croda International Days Inventory Distribution

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

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



Croda International Days Inventory Calculation

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

Croda International'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
=( (565.164 + 431.899) / 2 ) / 1220.886*365
=498.5315 / 1220.886*365
=149.04

Croda International'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (529.672 + 431.899) / 2 ) / 590*365 / 2
=480.7855 / 590*365 / 2
=148.72

* 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.


Croda International  (OTCPK:COIHY) 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.

Croda International's Inventory Turnover for the six 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.

Croda International's Inventory to Revenue for the six 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.


Croda International Days Inventory Related Terms

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


Croda International (Croda International) Business Description

Traded in Other Exchanges
Address
Cowick Hall, Snaith, Goole, East Yorkshire, GBR, DN14 9AA
Croda is a British specialty chemicals company with 60% of sales outside Europe. Croda operates through three segments: consumer care, life sciences, and industrial specialties. Consumer care produces specialty and active ingredients for cosmetics and skincare/haircare and also flavors and fragrances. The life sciences business manufactures products for healthcare and agrochemicals. The company sold the majority of its industrial businesses to Cargill in 2022, retaining only a subsegment of the business (housed under the industrial specialties segment) that supports the other two segments and sells their byproducts.

Croda International (Croda International) Headlines

From GuruFocus

Croda: Navigating Challenges and Driving Growth

By The City Letter 07-25-2023

David Nadel's Top 5 Buys of the 2nd Quarter

By James Li James Li 07-31-2019

Croda International Has Growth and Value Potential

By The City Letter 04-19-2023

UK Quality: Darwall Buys Croda International

By The City Letter 09-14-2021