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Corbion NV (FRA:CSUA) Days Inventory : 99.24 (As of Dec. 2023)


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What is Corbion NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Corbion NV's Average Total Inventories for the six months ended in Dec. 2023 was €286 Mil. Corbion NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €525 Mil. Hence, Corbion NV's Days Inventory for the six months ended in Dec. 2023 was 99.24.

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

FRA:CSUA' s Days Inventory Range Over the Past 10 Years
Min: 69.6   Med: 79.56   Max: 100.65
Current: 100.65

During the past 13 years, Corbion NV's highest Days Inventory was 100.65. The lowest was 69.60. And the median was 79.56.

FRA:CSUA's Days Inventory is ranked worse than
61.61% of 1495 companies
in the Chemicals industry
Industry Median: 83.73 vs FRA:CSUA: 100.65

Corbion NV's Days Inventory increased from Dec. 2022 (94.12) to Dec. 2023 (99.24). It might indicate that Corbion NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Corbion NV's Inventory Turnover for the six months ended in Dec. 2023 was 1.84.

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. Corbion NV's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.40.


Corbion NV Days Inventory Historical Data

The historical data trend for Corbion NV'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.

Corbion NV Days Inventory Chart

Corbion NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.62 83.52 89.50 90.35 99.37

Corbion NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 87.04 89.17 94.12 103.19 99.24

Competitive Comparison of Corbion NV's Days Inventory

For the Specialty Chemicals subindustry, Corbion NV'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.


Corbion NV's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Corbion NV's Days Inventory falls into.



Corbion NV Days Inventory Calculation

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

Corbion NV'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
=( (331.2 + 262.9) / 2 ) / 1091.1*365
=297.05 / 1091.1*365
=99.37

Corbion NV'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (308.5 + 262.9) / 2 ) / 525.4*365 / 2
=285.7 / 525.4*365 / 2
=99.24

* 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.


Corbion NV  (FRA:CSUA) 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.

Corbion NV's Inventory Turnover for the six 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.

Corbion NV's Inventory to Revenue for the six 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.


Corbion NV Days Inventory Related Terms

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


Corbion NV (FRA:CSUA) Business Description

Traded in Other Exchanges
Address
Piet Heinkade 127, Amsterdam, NH, NLD, 1019 GM
Corbion NV is a Netherlands-based company that produces food ingredients and biobased chemicals. The company's operating segment includes Sustainable Food Solutions; Lactic Acid and Specialties; Algae Ingredients; Incubator and Core. It generates maximum revenue from the Sustainable Food Solutions segment. Geographically, it derives a majority of its revenue from the US.

Corbion NV (FRA:CSUA) Headlines

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