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International Flavors & Fragrances (International Flavors & Fragrances) Days Inventory

: 132.30 (As of Dec. 2023)
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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 Dec. 2023 was $2,672 Mil. International Flavors & Fragrances's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,843 Mil. Hence, International Flavors & Fragrances's Days Inventory for the three months ended in Dec. 2023 was 132.30.

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: 126.29   Max: 138.95
Current: 137.53

During the past 13 years, International Flavors & Fragrances's highest Days Inventory was 138.95. The lowest was 84.05. And the median was 126.29.

IFF's Days Inventory is ranked worse than
76.49% of 1493 companies
in the Chemicals industry
Industry Median: 83.51 vs IFF: 137.53

International Flavors & Fragrances's Days Inventory declined from Dec. 2022 (148.33) to Dec. 2023 (132.30).

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 Dec. 2023 was 0.69.

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 Dec. 2023 was 0.99.


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 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 132.74 137.27 84.05 128.03 138.95

International Flavors & Fragrances Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 148.33 141.54 138.25 136.03 132.30

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. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (3299 + 2638) / 2 ) / 7798*365
=2968.5 / 7798*365
=138.95

International Flavors & Fragrances's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2706 + 2638) / 2 ) / 1843*365 / 4
=2672 / 1843*365 / 4
=132.30

* 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 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.

International Flavors & Fragrances'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.


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 (International Flavors & Fragrances) Business Description

Address
521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells 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
Yuvraj Arora officer: President, Nourish INTERNATIONAL FLOWERS & FRAGRANCES, 521 WEST 57TH STREET, NEW YORK NY 10019
Fauchon De Villeplee Christophe officer: President, Scent INTERNATIONAL FLAVORS & FRANGRANCES INC., 521 WEST 57TH STREET, NEW YORK NY 10019
Kevin O'byrne director INTERNATIONAL FLAVORS & FRAGRANCES, 521 WEST 57TH STREET, NEW YORK NY 10019
Dawn C Willoughby director 1221 BROADWAY, OAKLAND CA 94612
Gaoxiang Hu director 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Mark J Costa director 200 SOUTH WILCOX DRIVE, P.O. BOX 431, KINGSPORT TN 37660
Ralf Finzel officer: EVP, Global Operations Officer INTERNATIONAL FLAVORS & FRAGRANCES, 521 WEST 57TH STREET, NEW YORK NY 10019
Beril Yildiz officer: CAO, SVP & Controller ONE NEW YORK PLAZA, NEW YORK NY 10004
Deborah Borg officer: EVP, Chief HR and D&I Officer BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Francisco Fortanet officer: SVP, Operations 521 WEST 57TH STREET, NEW YORK NY 10019
Frank Clyburn officer: Chief Executive Officer 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Barry A. Bruno director 500 CHARLES EWING BLVD, EWING NJ 08628
Glenn R Richter officer: CFO 3333 BEVERLY ROAD, B6 277A, HOFFMAN ESTATES IL 60179
Kathryn Jean Boor director 3736 S. MAIN STREET, MARION NY 14505
Edward D Breen director C/O TYCO INTERNATIONAL (US) INC, 9 WEST 57TH ST 43RD FL., NEW YORK NY 10019