Buckeye Technologies, (FRA:BUC) Days Inventory : 62.79 (As of Mar. 2013)

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What is Buckeye Technologies, Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Buckeye Technologies,'s Average Total Inventories for the three months ended in Mar. 2013 was €80.9 Mil. Buckeye Technologies,'s Cost of Goods Sold for the three months ended in Mar. 2013 was €117.5 Mil. Hence, Buckeye Technologies,'s Days Inventory for the three months ended in Mar. 2013 was 62.79.

The historical rank and industry rank for Buckeye Technologies,'s Days Inventory or its related term are showing as below:

FRA:BUC's Days Inventory is not ranked ^*
in the Forest Products industry.
Industry Median: 88.235
* Ranked among companies with meaningful Days Inventory only.

Buckeye Technologies,'s Days Inventory increased from Mar. 2012 (60.64) to Mar. 2013 (62.79). It might indicate that Buckeye Technologies,'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Buckeye Technologies,'s Inventory Turnover for the three months ended in Mar. 2013 was 1.45.

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. Buckeye Technologies,'s Inventory-to-Revenue for the three months ended in Mar. 2013 was 0.54.

Buckeye Technologies, Days Inventory Historical Data

The historical data trend for Buckeye Technologies,'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.

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Buckeye Technologies, Days Inventory Chart

Buckeye Technologies, Annual Data

Trend

Jun03

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Days Inventory

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56.91

52.87

43.50

46.24

45.65

Buckeye Technologies, Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Days Inventory	Get a 7-Day Free Trial															60.64	56.78	64.50	64.76	62.79

Competitive Comparison of Buckeye Technologies,'s Days Inventory

For the Paper & Paper Products subindustry, Buckeye Technologies,'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.

Buckeye Technologies,'s Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Buckeye Technologies,'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Buckeye Technologies,'s Days Inventory falls into.

Buckeye Technologies, Days Inventory Calculation

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

Buckeye Technologies,'s Days Inventory for the fiscal year that ended in Jun. 2012 is calculated as

	Days Inventory (A: Jun. 2012 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2011 )	+	Total Inventories (A: Jun. 2012 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2012 )	*	Days in Period
=	( (63.171	+	71.876)	/	2 )	/	539.884	*	365
=	67.5235					/	539.884	*	365
=	45.65

Buckeye Technologies,'s Days Inventory for the quarter that ended in Mar. 2013 is calculated as:

	Days Inventory (Q: Mar. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2012 )	+	Total Inventories (Q: Mar. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2013 )	*	Days in Period
=	( (80.611	+	81.105)	/	2 )	/	117.502	*	365 / 4
=	80.858					/	117.502	*	365 / 4
=	62.79

Buckeye Technologies, (FRA:BUC) 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.

Buckeye Technologies,'s Inventory Turnover for the three months ended in Mar. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	117.502	/	80.858
	=	1.45

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.

Buckeye Technologies,'s Inventory to Revenue for the three months ended in Mar. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	80.858	/	150.974
	=	0.54

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.

Buckeye Technologies, Days Inventory Related Terms

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

Buckeye Technologies, (FRA:BUC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Buckeye Technologies, Inc. (FRA:BUC) » Definitions » Days Inventory

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Address

Website

Buckeye Technologies, Inc. was incorporated in Delaware. It began operations as an independent company on March 16, 1993. It became a public company in November of 1995. The Company is a producer of value-added cellulose-based specialty products. The Company is the only manufacturer in the world offering cellulose-based specialty products made from both wood and cotton and utilizing wetlaid and airlaid technologies. Cellulose is a natural fiber derived from trees and other plants that is used in the manufacture of a wide array of products. The total cellulose market generally could be divided into two categories: commodity and specialty. Manufacturers use commodity cellulose to produce bulk paper and packaging materials, the markets for which are very large but highly cyclical. The Company's product lines could be broadly grouped into four categories: chemical cellulose, customized fibers, fluff pulp and nonwoven materials. It manages these products within two reporting segments: specialty fibers and nonwoven materials. The chemical cellulose and customized fibers are derived from wood and cotton cellulose materials using wetlaid technologies. Fluff pulps are derived from wood using wetlaid technology. Wetlaid technologies encompass cellulose manufacturing processes in which fibers are deposited using water. Airlaid nonwoven materials are derived from wood pulps, synthetic fibers and other materials using airlaid technology. Airlaid technology utilizes air as a depositing medium for fibers, one benefit of which is an increased ability as compared to wetlaid processes to mix additional feature-enhancing substances into the material being produced. Slash pine timber and cotton fibers are the main raw materials used in the manufacture of its specialty fibers products. Slash pine timber and cotton fibers are the main raw materials used in the manufacture of its specialty fibers products. The Company's operations are subject to extensive general and industry-specific federal, state, local and foreign environmental laws and regulations, particularly those relating to air and water quality, waste disposal and the cleanup of contaminated soil and groundwater.

Buckeye Technologies, (FRA:BUC) Headlines

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