The historical rank and industry rank for Danimer Scientific's Days Inventory or its related term are showing as below:
DNMR'
s Days Inventory Range Over the Past 10 Years
Min: 105.2 Med: 120.96 Max: 164.39
Current: 145.03
During the past 5 years, Danimer Scientific's highest Days Inventory was 164.39. The lowest was 105.20. And the median was 120.96.
DNMR's Days Inventory is ranked worse than 78.46% of 1495
companies
in the Chemicals industry
Industry Median: 83.19
vs DNMR: 145.03
Danimer Scientific's Days Inventory
declined
from Dec. 2022 (171.97) to Dec. 2023 (136.89).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Danimer Scientific's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.67.
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.
Danimer Scientific's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 2.37.
Danimer Scientific Days Inventory Historical Data
The historical data trend for Danimer Scientific'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 Danimer Scientific's Days Inventory
For the Specialty Chemicals subindustry, Danimer Scientific'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.
Danimer Scientific's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Danimer Scientific's Days Inventory distribution charts can be found below:
* The bar in red indicates where Danimer Scientific's Days Inventory falls into.
Danimer Scientific Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Danimer Scientific'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.
Danimer Scientific (NYSE:DNMR) 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.
Danimer Scientific'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.
Danimer Scientific'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.
Danimer Scientific Days Inventory Related Terms
Thank you for viewing the detailed overview of Danimer Scientific's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Danimer Scientific (Danimer Scientific) Business Description
Danimer Scientific Inc creates more sustainable, more natural ways to make plastic products sold under the proprietary Nodax brand name. The company's renewable and sustainable biopolymers have helped create plastic products that are 100% biodegradable and compostable. Danimer Scientific's products return to nature instead of polluting lands and waters. Its technology can be found in a vast array of plastic end-use products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles, among others. The company holds more than 470 patents and pending patent applications in nearly 20 countries for a range of manufacturing processes and biopolymer formulations.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DNMR has been successfully added to your 