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International Flavors & Fragrances Days Inventory

: 116.44 (As of Mar. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). International Flavors & Fragrances's Average Total Inventories for the three months ended in Mar. 2022 was $2,656 Mil. International Flavors & Fragrances's Cost of Goods Sold for the three months ended in Mar. 2022 was $2,081 Mil. Hence, International Flavors & Fragrances's Days Inventory for the three months ended in Mar. 2022 was 116.44.

The historical rank and industry rank for International Flavors & Fragrances's Days Inventory or its related term are showing as below:

IFF' s Days Inventory Range Over the Past 10 Years
Min: 84.05   Med: 121.89   Max: 137.42
Current: 112.39

During the past 13 years, International Flavors & Fragrances's highest Days Inventory was 137.42. The lowest was 84.05. And the median was 121.89.

IFF's Days Inventory is ranked worse than
75.07% of 1388 companies
in the Chemicals industry
Industry Median: 74.69 vs IFF: 112.39

International Flavors & Fragrances's Days Inventory increased from Mar. 2021 (99.22) to Mar. 2022 (116.44). It might indicate that International Flavors & Fragrances's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. International Flavors & Fragrances's Inventory Turnover for the three months ended in Mar. 2022 was 0.78.

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. International Flavors & Fragrances's Inventory-to-Revenue for the three months ended in Mar. 2022 was 0.82.


International Flavors & Fragrances Days Inventory Historical Data

The historical data trend for International Flavors & Fragrances'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.

International Flavors & Fragrances Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 117.62 137.42 132.74 137.27 84.05

International Flavors & Fragrances Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 99.22 105.80 112.05 109.43 116.44

Competitive Comparison

For the Specialty Chemicals subindustry, International Flavors & Fragrances'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.

   

International Flavors & Fragrances Days Inventory Distribution

For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Days Inventory distribution charts can be found below:

* The bar in red indicates where International Flavors & Fragrances's Days Inventory falls into.



International Flavors & Fragrances Days Inventory Calculation

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

International Flavors & Fragrances's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (1132 + 2516) / 2 ) / 7921*365
=1824 / 7921*365
=84.05

International Flavors & Fragrances's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

Days Inventory (Q: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (2516 + 2795) / 2 ) / 2081*365 / 4
=2655.5 / 2081*365 / 4
=116.44

* 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.


International Flavors & Fragrances  (NYSE:IFF) 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.

International Flavors & Fragrances's Inventory Turnover for the three months ended in Mar. 2022 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.

International Flavors & Fragrances's Inventory to Revenue for the three months ended in Mar. 2022 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.


International Flavors & Fragrances Days Inventory Related Terms

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


International Flavors & Fragrances Business Description

International Flavors & Fragrances logo
Address
521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances produces ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world. The firm also sells pharmaceutical ingredients such as excipients and time-release polymers.
Executives
Clyburn Frank officer: Chief Executive Officer 2000 GALLOPING HILL ROAD KENILWORTH NJ 07033
Bruno Barry A. director 500 CHARLES EWING BLVD EWING NJ 08628
Richter Glenn R officer: CFO 3333 BEVERLY ROAD B6 277A HOFFMAN ESTATES IL 60179
Fauchon De Villeplee Christophe officer: President, Scent INTERNATIONAL FLAVORS & FRANGRANCES INC. 521 WEST 57TH STREET NEW YORK NY 10019
Johnson Jennifer Amy officer: EVP, General Counsel INTERNATIONAL FLAVORS & FRAGRANCES INC. 521 WEST 57TH STREET NEW YORK NY 10019
Strzelecki Angela officer: President, Pharma Solutions INTERNATIONAL FLAVORS & FRAGRANCES INC. 521 WEST 57TH STREET NEW YORK NY 10019
Herriott Simon officer: President Health & Biosciences INTERNATIONAL FLAVORS & FRAGRANCES INC. 521 WEST 57TH STREET NEW YORK NY 10019
Davidson Carol Anthony director
Heinzel Matthias director 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Gordon Ilene S director C/O ARTHUR J. GALLAGHER & CO. TWO PIERCE PLACE ITASCA IL 60143
Schultz Kare director 5 BASEL STREET, PO BOX 3190 PETACH TIKVA L3 4951033
Boor Kathryn Jean director 3736 S. MAIN STREET MARION NY 14505
Breen Edward D director C/O TYCO INTERNATIONAL (US) INC 9 WEST 57TH ST 43RD FL. NEW YORK NY 10019
Fortmann Kathy Lynn officer: Divisional CEO, Taste INTERNATIONAL FLAVORS & FRAGRANCES INC. 521 WEST 57TH STREET NEW YORK NY 10019
Prast Peter 10 percent owner AEULESTRASSE5 VADUZ N2 9490

International Flavors & Fragrances Headlines

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