GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sealed Air Corp (BSP:S1EA34) » Definitions » Days Inventory

Sealed Air (BSP:S1EA34) Days Inventory

: 75.77 (As of Dec. 2023)
View and export this data going back to 2020. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Sealed Air's Average Total Inventories for the three months ended in Dec. 2023 was R$3,957 Mil. Sealed Air's Cost of Goods Sold for the three months ended in Dec. 2023 was R$4,766 Mil. Hence, Sealed Air's Days Inventory for the three months ended in Dec. 2023 was 75.77.

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

BSP:S1EA34' s Days Inventory Range Over the Past 10 Years
Min: 51.14   Med: 63.87   Max: 83.33
Current: 83.01

During the past 13 years, Sealed Air's highest Days Inventory was 83.33. The lowest was 51.14. And the median was 63.87.

BSP:S1EA34's Days Inventory is ranked worse than
54.79% of 365 companies
in the Packaging & Containers industry
Industry Median: 77.74 vs BSP:S1EA34: 83.01

Sealed Air's Days Inventory declined from Dec. 2022 (84.96) to Dec. 2023 (75.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sealed Air's Inventory Turnover for the three months ended in Dec. 2023 was 1.20.

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. Sealed Air's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.59.


Sealed Air Days Inventory Historical Data

The historical data trend for Sealed Air'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.

Sealed Air Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.42 58.27 60.09 77.77 80.72

Sealed Air Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 84.96 88.67 93.39 82.76 75.77

Competitive Comparison

For the Packaging & Containers subindustry, Sealed Air'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.


Sealed Air Days Inventory Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Sealed Air's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sealed Air's Days Inventory falls into.



Sealed Air Days Inventory Calculation

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

Sealed Air'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
=( (4544.09 + 3793.915) / 2 ) / 18852.47*365
=4169.0025 / 18852.47*365
=80.72

Sealed Air'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4119.864 + 3793.915) / 2 ) / 4765.545*365 / 4
=3956.8895 / 4765.545*365 / 4
=75.77

* 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.


Sealed Air  (BSP:S1EA34) 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.

Sealed Air's Inventory Turnover for the three 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.

Sealed Air's Inventory to Revenue for the three 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.


Sealed Air Days Inventory Related Terms

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


Sealed Air (BSP:S1EA34) Business Description

Traded in Other Exchanges
Address
2415 Cascade Pointe Boulevard, Charlotte, NC, USA, 28208
Sealed Air is organized via two reporting segments. Food care includes food packaging products like Cryovac, Darfresh, and OptiDure aimed primarily at meats. Product care includes Sealed Air's Bubble Wrap, Instapak, Jiffy mailers, and shrink film packaging systems that cater to industrial and e-commerce applications.

Sealed Air (BSP:S1EA34) Headlines

No Headlines