Trinseo (Trinseo) Days Inventory : 47.49 (As of Dec. 2023)

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Trinseo Days Inventory Definition

Days Inventory is also known as Days Sales of Inventory (DSI). Trinseo's Average Total Inventories for the three months ended in Dec. 2023 was $425 Mil. Trinseo's Cost of Goods Sold for the three months ended in Dec. 2023 was $817 Mil. Hence, Trinseo's Days Inventory for the three months ended in Dec. 2023 was 47.49.

The historical rank and industry rank for Trinseo's Days Inventory or its related term are showing as below:

TSE' s Days Inventory Range Over the Past 10 Years
Min: 37.93 Med: 44.32 Max: 57.4
Current: 48.3

During the past 13 years, Trinseo's highest Days Inventory was 57.40. The lowest was 37.93. And the median was 44.32.

TSE's Days Inventory is ranked better than
78.98% of 1494 companies
in the Chemicals industry
Industry Median: 83.765 vs TSE: 48.30

Trinseo's Days Inventory declined from Dec. 2022 (54.45) to Dec. 2023 (47.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Trinseo's Inventory Turnover for the three months ended in Dec. 2023 was 1.92.

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. Trinseo's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.51.

Trinseo Days Inventory Historical Data

The historical data trend for Trinseo'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.

Trinseo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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56.33

57.40

41.78

45.68

49.50

Trinseo Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															54.45	50.24	46.85	47.19	47.49

Competitive Comparison

For the Specialty Chemicals subindustry, Trinseo'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.

Trinseo Days Inventory Distribution

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

* The bar in red indicates where Trinseo's Days Inventory falls into.

Trinseo Days Inventory Calculation

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

Trinseo'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
=	( (553.6	+	404.7)	/	2 )	/	3533.1	*	365
=	479.15					/	3533.1	*	365
=	49.50

Trinseo'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
=	( (445.9	+	404.7)	/	2 )	/	817.2	*	365 / 4
=	425.3					/	817.2	*	365 / 4
=	47.49

Trinseo (NYSE:TSE) 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.

Trinseo's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	817.2	/	425.3
	=	1.92

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.

Trinseo's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	425.3	/	837.5
	=	0.51

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.

Trinseo Days Inventory Related Terms

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

Trinseo (Trinseo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Trinseo PLC (NYSE:TSE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TR5:Germany 3XD:Germany

Address

440 East Swedesford Road, Suite 301, Wayne, PA, USA, 19312

Website

https://www.trinseo.com

Trinseo PLC is a leading global materials company and manufacturer of latex and plastics products. The company's operating segments include latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and base plastics. The company is a global leader in styrene-butadiene latex and holds a strong market position in Europe and North America. Base plastics is the business line with the highest net sales and contains compounds and blends for automotive and other applications. Europe accounts for the highest net sales by geography and building and construction/sheet accounts for the highest net sales by end market.

Executives

Matthew Farrell	director
Roger Greene	officer: VP, GLOBAL CONTROLLER & PAO	C/O TRINSEO PLC, 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087
David Phillip Stasse	officer: See Remarks	C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Jeanmarie F. Desmond	director	C/O E.I. DU PONT DE NEMOURS AND COMPANY, 974 CENTRE ROAD, BLDG. 730, WILMINGTON DE 19805
Timothy J Thomas	officer: Vice President	C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312
Angelo N. Chaclas	officer: See Remarks	C/O TRINSEO S.A., 1000 CHESTERBROOK BOULEVARD, SUITE 300, BERWYN PA 19312
Frank A Bozich	officer: President and CEO	PO BOX 1046, SCHENECTADY NY 12301
Philip R Martens	director	PLEXUS CORP., ONE PLEXUS WAY, NEENAH WI 54956
Kessel Bregje Van	officer: SVP, Base Plastics	440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087
Han Hendriks	officer: Chief Technology Officer	C/O TRINSEO PLC, 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087
Jeffrey J Cote	director	C/O SENSATA TECHNOLOGIES, INC., 529 PLEASANT STREET, ATTLEBORO MA 02703
M&g Investment Management Ltd	10 percent owner	10 FENCHURCH AVENUE, LONDON X0 EC3M 5AG
Bernard M Skeete	officer: VP, CAO and Global Controller	C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312
Joseph Alvarado	director	705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002
Johanna Frisch	officer: Treasurer	C/O TRINSEO PLC, 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312