Days Inventory is also known as Days Sales of Inventory (DSI). Mercer International's Average Total Inventories for the
three
months ended in Dec. 2023 was $418 Mil. Mercer International's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $466 Mil.
Hence, Mercer International's Days Inventory for the
three
months ended in Dec. 2023 was 81.81.
The historical rank and industry rank for Mercer International's Days Inventory or its related term are showing as below:
MERC'
s Days Inventory Range Over the Past 10 Years
Min: 59.51 Med: 74.3 Max: 83.24
Current: 81.01
During the past 13 years, Mercer International's highest Days Inventory was 83.24. The lowest was 59.51. And the median was 74.30.
MERC's Days Inventory is ranked better than 57.19% of 278
companies
in the Forest Products industry
Industry Median: 87.975
vs MERC: 81.01
Mercer International's Days Inventory
increased
from Dec. 2022 (76.32) to Dec. 2023 (81.81).
It might indicate that Mercer International's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mercer International's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.12.
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.
Mercer International's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.89.
Mercer International Days Inventory Historical Data
The historical data trend for Mercer International'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.
Competitive Comparison of Mercer International's Days Inventory
For the Paper & Paper Products subindustry, Mercer International'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.
Mercer International's Days Inventory Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, Mercer International's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mercer International's Days Inventory falls into.
Mercer International Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Mercer International'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.
Mercer International (NAS:MERC) 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.
Mercer International'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.
Mercer International'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.
Mercer International Days Inventory Related Terms
Thank you for viewing the detailed overview of Mercer International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Mercer International (Mercer International) Business Description
Mercer International Inc is a forest products company with two reportable operating segments in pulp and solid wood. Pulp segment consists of the manufacture, sale and distribution of pulp, electricity and chemicals. Solid wood segment consists of the manufacture, sale and distribution of lumber, manufactured products wood pallets, electricity, biofuels and wood residuals from sawmills and other facilities located in Germany and the United States. The company has its geographical presence in USA, Germany, China and Other countries. Majority of the revenue is generated from the Pulp segment.
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