Days Inventory is also known as Days Sales of Inventory (DSI). The Chemours Co's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,333 Mil. The Chemours Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1,114 Mil.
Hence, The Chemours Co's Days Inventory for the
three
months ended in Dec. 2023 was 109.19.
The historical rank and industry rank for The Chemours Co's Days Inventory or its related term are showing as below:
CC'
s Days Inventory Range Over the Past 10 Years
Min: 69.99 Med: 79.5 Max: 108.27
Current: 108.27
During the past 13 years, The Chemours Co's highest Days Inventory was 108.27. The lowest was 69.99. And the median was 79.50.
CC's Days Inventory is ranked worse than 65.62% of 1492
companies
in the Chemicals industry
Industry Median: 83.41
vs CC: 108.27
The Chemours Co's Days Inventory
declined
from Dec. 2022 (109.44) to Dec. 2023 (109.19).
Inventory Turnover measures how fast the company turns over its inventory within a year.
The Chemours Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.84.
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.
The Chemours Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.98.
The Chemours Co Days Inventory Historical Data
The historical data trend for The Chemours Co'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 Specialty Chemicals subindustry, The Chemours Co'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.
The Chemours Co Days Inventory Distribution
For the Chemicals industry and Basic Materials sector, The Chemours Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where The Chemours Co's Days Inventory falls into.
The Chemours Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The Chemours Co'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.
The Chemours Co (NYSE:CC) 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.
The Chemours Co'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.
The Chemours Co'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.
The Chemours Co Days Inventory Related Terms
Thank you for viewing the detailed overview of The Chemours Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
The Chemours Co (The Chemours Co) Business Description
The Chemours Co is a global provider of chemicals. It delivers customized solutions with a wide range of industrial and specialty chemicals products for various markets including coatings, plastics, refrigeration, air conditioning, etc. The company's operating segments include Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials. It generates maximum revenue from the Titanium Technologies segment. The Titanium Technologies segment is a producer of TiO2 pigment, a premium white pigment used to deliver whiteness, brightness, opacity, durability, efficiency, and protection across a variety of applications. Geographically, it derives a majority of its revenue from North America.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CC has been successfully added to your 