DuPont de Nemours (DuPont de Nemours) Inventory Turnover

: 0.84 (As of Dec. 2023)

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Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. DuPont de Nemours's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,868 Mil. DuPont de Nemours's Average Total Inventories for the quarter that ended in Dec. 2023 was $2,213 Mil. DuPont de Nemours's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DuPont de Nemours's Days Inventory for the three months ended in Dec. 2023 was 108.10.

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. DuPont de Nemours's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.76.

DuPont de Nemours Inventory Turnover Historical Data

The historical data trend for DuPont de Nemours's Inventory Turnover 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.

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DuPont de Nemours Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.38

2.83

3.56

3.81

3.50

DuPont de Nemours Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.87	0.83	0.85	0.85	0.84

DuPont de Nemours Inventory Turnover Calculation

DuPont de Nemours's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	7835	/ (	(2329	+	2147)	/	2 )
=	7835	/	2238
=	3.50

DuPont de Nemours's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1868	/ (	(2279	+	2147)	/	2 )
=	1868	/	2213
=	0.84

DuPont de Nemours (NYSE:DD) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

DuPont de Nemours's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	2213	/	1868	*	365 / 4
	=	108.10

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.

DuPont de Nemours's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2213	/	2898
	=	0.76

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

DuPont de Nemours Inventory Turnover Related Terms

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DuPont de Nemours (DuPont de Nemours) Business Description

Industry

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Traded in Other Exchanges

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Address

974 Centre Road, Building 730, Wilmington, DE, USA, 19805

Website

https://www.dupont.com

DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which have evolved over time to enable a wide range of applications across multiple industries.

Executives

Raj Ratnakar	officer: SVP & Chief Strategy Officer	C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Jon D. Kemp	officer: President, Electronics & Indus	974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Michael G. Goss	officer: Controller	974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Kristina M Johnson	director	19 HEATH PL, DURHAM NC 27705
Amy G. Brady	director	127 PUBLIC SQUARE, CLEVELAND OH 44114
Deanna Mulligan	director	7 HANOVER SQUARE, NEW YORK NY 10004
Du Pont Eleuthere I	director	1007 MARKET STREET, WILMINGTON DE 19810
Raymond J Milchovich	director	C/O FOSTER WHEELER LTD, PERRYVILLE CORP PARK, CLINTON NJ 08809-4000
Kissam Luther C Iv	director	3801 BERESFORD ROAD, CHARLOTTE NC 28211
Ruby R Chandy	director	630 DUNDEE ROAD, SUITE 400, NORTHBROOK IL 60062
Frederick M. Lowery	director	974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Steven Sterin	director	19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Terrence R Curtin	director	C/O TYCO ELECTRONICS LTD., 1050 WESTLAKES DRIVE, BERWYN PA 19312
Alexander M Cutler	director	EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Leland Weaver	officer: President, Water & Protection	974 CENTRE ROAD, CRP 730, 5216, WILMINGTON DE 19805