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A. Schulman (A. Schulman) Days Inventory : 47.46 (As of May. 2018)


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What is A. Schulman Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). A. Schulman's Average Total Inventories for the three months ended in May. 2018 was $325 Mil. A. Schulman's Cost of Goods Sold for the three months ended in May. 2018 was $625 Mil. Hence, A. Schulman's Days Inventory for the three months ended in May. 2018 was 47.46.

The historical rank and industry rank for A. Schulman's Days Inventory or its related term are showing as below:

SHLM's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 82.92
* Ranked among companies with meaningful Days Inventory only.

A. Schulman's Days Inventory declined from May. 2017 (48.09) to May. 2018 (47.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. A. Schulman's Inventory Turnover for the three months ended in May. 2018 was 1.92.

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. A. Schulman's Inventory-to-Revenue for the three months ended in May. 2018 was 0.45.


A. Schulman Days Inventory Historical Data

The historical data trend for A. Schulman'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.

A. Schulman Days Inventory Chart

A. Schulman Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.14 47.74 54.76 50.61 47.36

A. Schulman Quarterly Data
Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18
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 48.09 47.11 48.41 55.00 47.46

Competitive Comparison of A. Schulman's Days Inventory

For the Chemicals subindustry, A. Schulman'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.


A. Schulman's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where A. Schulman's Days Inventory falls into.



A. Schulman Days Inventory Calculation

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

A. Schulman's Days Inventory for the fiscal year that ended in Aug. 2017 is calculated as

Days Inventory (A: Aug. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2016 ) + Total Inventories (A: Aug. 2017 )) / count ) / Cost of Goods Sold (A: Aug. 2017 )*Days in Period
=( (263.617 + 276.459) / 2 ) / 2081.361*365
=270.038 / 2081.361*365
=47.36

A. Schulman's Days Inventory for the quarter that ended in May. 2018 is calculated as:

Days Inventory (Q: May. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2018 ) + Total Inventories (Q: May. 2018 )) / count ) / Cost of Goods Sold (Q: May. 2018 )*Days in Period
=( (345.381 + 304.438) / 2 ) / 624.741*365 / 4
=324.9095 / 624.741*365 / 4
=47.46

* 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.


A. Schulman  (NAS:SHLM) 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.

A. Schulman's Inventory Turnover for the three months ended in May. 2018 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.

A. Schulman's Inventory to Revenue for the three months ended in May. 2018 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.


A. Schulman Days Inventory Related Terms

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


A. Schulman (A. Schulman) Business Description

Traded in Other Exchanges
Address
1221 McKinney Street, Suite 300, Houston, TX, USA, 77010
Lyondellbasell Advanced Polymers Inc manufactures and sells a variety of plastics and chemical-based products. The firm's product portfolio includes Engineered Thermoplastics, Masterbatch, Engineered Composites, Specialty Powders, and Distribution Services. The company organizes itself into four main segments by geography. Europe, Middle East, and Africa segment generate more revenue than any other segment. The other segments are the United States and Canada, Latin America, and Asia-Pacific.
Executives
Eugene Robert Allspach director 3550 WEST MARKET STREET, AKRON OH 44333
Carol S Eicher director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Kristopher R Westbrooks officer: VP - Controller and CAO 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Rainer Schewe officer: EVP Global Supply Chain 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Andrean Horton officer: Senior Corp. Counsel 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
John W Richardson officer: EVP - Chief Financial Officer THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Allen A Spizzo director 1313 N MARKET ST, WILMINGTON DE 19894
Derek R Bristow officer: SVP & GM - APAC LOCALITA BREDA LIBERA, VIA IV NOVEMBRE 3, VEROLANUOVA L6 25028
David G Birney director 3550 W. MARKET STREET, AKRON OH 44333
Timothy J Mcdannold officer: Treasurer - Dir.Risk Mngmnt. 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Lee D Meyer director 208 SHAWNA DRIVE, KEARNEY MO 64060
Joseph M Gingo director, officer: President & CEO 3550 WEST MARKET STREET, AKRON OH 44333
Gary A Miller officer: VP, Chief Procurement Officer 3550 WEST MARKET STREET, AKRON OH 44333
James A Mitarotonda director 888 SEVENTH AVENUE 17TH FL, NEW YORK NY 10019
Gustavo S. Perez officer: SVP & GM LATAM 3550 WEST MARKET STREET, AKRON OH 44333