Days Inventory is also known as Days Sales of Inventory (DSI). Sika AG's Average Total Inventories for the
six
months ended in Dec. 2023 was CHF1,356 Mil. Sika AG's Cost of Goods Sold for the
six
months ended in Dec. 2023 was CHF2,685 Mil.
Hence, Sika AG's Days Inventory for the
six
months ended in Dec. 2023 was 92.13.
The historical rank and industry rank for Sika AG's Days Inventory or its related term are showing as below:
LTS:0Z4C'
s Days Inventory Range Over the Past 10 Years
Min: 78.73 Med: 84.04 Max: 91.57
Current: 91.57
During the past 13 years, Sika AG's highest Days Inventory was 91.57. The lowest was 78.73. And the median was 84.04.
LTS:0Z4C's Days Inventory is ranked worse than 55.59% of 1493
companies
in the Chemicals industry
Industry Median: 83.38
vs LTS:0Z4C: 91.57
Sika AG's Days Inventory
increased
from Dec. 2022 (89.68) to Dec. 2023 (92.13).
It might indicate that Sika AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sika AG's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.98.
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.
Sika AG's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.23.
Sika AG Days Inventory Historical Data
The historical data trend for Sika AG'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.
Sika AG Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
80.81
86.08
80.69
81.46
85.88
Sika AG 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
83.88
87.66
89.68
96.84
92.13
Competitive Comparison
For the Specialty Chemicals subindustry, Sika AG'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.
Sika AG Days Inventory Distribution
For the Chemicals industry and Basic Materials sector, Sika AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sika AG's Days Inventory falls into.
Sika AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sika AG's Days Inventory for the fiscal year that 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.
Sika AG (LTS:0Z4C) 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.
Sika AG'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.
Sika AG'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.
Sika AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Sika AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sika AG manufactures and sells specialty chemical-based products. The majority of the company's revenue comes from the construction industry. Sika's products are used mainly for bonding, sealing, damping, reinforcing, and protecting in the building and motor vehicle industries. The firm produces additives for concrete, cement, and mortar production, waterproofing systems, roof waterproofing, flooring solutions, sealants, adhesive tapes, assembly foams and elastic adhesives for facade construction, interior and infrastructure construction, as well as concrete protection and repair solutions. The company's reportable segments are based on geography: EMEA, the Americas; Asia-Pacific; and global business. The EMEA segment generates the majority of revenue.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LTS:0Z4C has been successfully added to your 