Days Inventory is also known as Days Sales of Inventory (DSI). Ciech's Average Total Inventories for the
three
months ended in Sep. 2023 was zł678 Mil. Ciech's Cost of Goods Sold for the
three
months ended in Sep. 2023 was zł931 Mil.
Hence, Ciech's Days Inventory for the
three
months ended in Sep. 2023 was 66.45.
The historical rank and industry rank for Ciech's Days Inventory or its related term are showing as below:
WAR:CIE'
s Days Inventory Range Over the Past 10 Years
Min: 33.83 Med: 47.94 Max: 64.53
Current: 57.42
During the past 13 years, Ciech's highest Days Inventory was 64.53. The lowest was 33.83. And the median was 47.94.
WAR:CIE's Days Inventory is not ranked
in the Chemicals industry.
Industry Median: 82.92
vs WAR:CIE: 57.42
Ciech's Days Inventory
increased
from Sep. 2022 (47.56) to Sep. 2023 (66.45).
It might indicate that Ciech's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ciech's Inventory Turnover for the
three
months ended in Sep. 2023 was 1.37.
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.
Ciech's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.58.
Ciech Days Inventory Historical Data
The historical data trend for Ciech'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.
For the Chemicals subindustry, Ciech'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.
Ciech's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ciech's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ciech's Days Inventory falls into.
Ciech Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ciech's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Ciech (WAR:CIE) 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.
Ciech's Inventory Turnover for the
three
months ended in Sep. 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.
Ciech's Inventory to Revenue for the
three
months ended in Sep. 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.
Ciech Days Inventory Related Terms
Thank you for viewing the detailed overview of Ciech's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ciech SA manufactures and sells soda ash, glass, and chemical-based products. The firm's four segments are based on product type and function. The Soda segment, which generates the majority of revenue, sells soda ash used in the production of glass, detergents, and chemicals. Agro Segment is a manufacturer of crop protection products used in agriculture. The resins segment produces epoxy resins and polyester resins. Foams Segment is a producer of polyurethane foams, mainly used in the furniture industry for upholstered furniture and mattresses. Silicates Segment manufactures sodium silicates and potassium silicates. The packaging segment manufactures glass packaging lanterns and jars, used in the food industry and for the production of headstone lamps.
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