Sasol (SASOF) Days Inventory : 108.81 (As of Jun. 2023)

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What is Sasol Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sasol's Average Total Inventories for the six months ended in Jun. 2023 was $2,452 Mil. Sasol's Cost of Goods Sold for the six months ended in Jun. 2023 was $4,112 Mil. Hence, Sasol's Days Inventory for the six months ended in Jun. 2023 was 108.81.

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

SASOF' s Days Inventory Range Over the Past 10 Years
Min: 87.71 Med: 97.42 Max: 107.38
Current: 93.08

During the past 13 years, Sasol's highest Days Inventory was 107.38. The lowest was 87.71. And the median was 97.42.

SASOF's Days Inventory is ranked worse than
56.52% of 1495 companies
in the Chemicals industry
Industry Median: 83.73 vs SASOF: 93.08

Sasol's Days Inventory increased from Jun. 2022 (94.04) to Jun. 2023 (108.81). It might indicate that Sasol's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sasol's Inventory Turnover for the six months ended in Jun. 2023 was 1.68.

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. Sasol's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.33.

Sasol Days Inventory Historical Data

The historical data trend for Sasol'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.

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Sasol Days Inventory Chart

Sasol Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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104.07

101.66

92.68

99.02

98.32

Sasol Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															94.47	101.54	94.04	90.29	108.81

Competitive Comparison of Sasol's Days Inventory

For the Specialty Chemicals subindustry, Sasol'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.

Sasol's Days Inventory Distribution in the Chemicals Industry

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

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

Sasol Days Inventory Calculation

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

Sasol's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (2599.53	+	2251.558)	/	2 )	/	9004.523	*	365
=	2425.544					/	9004.523	*	365
=	98.32

Sasol's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (2651.678	+	2251.558)	/	2 )	/	4112.074	*	365 / 2
=	2451.618					/	4112.074	*	365 / 2
=	108.81

Sasol (OTCPK:SASOF) 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.

Sasol's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4112.074	/	2451.618
	=	1.68

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.

Sasol's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2451.618	/	7359.161
	=	0.33

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.

Sasol Days Inventory Related Terms

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

Sasol (SASOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sasol Ltd (OTCPK:SASOF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SOLBE1:South Africa SOL:South Africa SSL:USA SAOA:Germany SAO:Germany SAOA:Germany SAO:Germany

Address

50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.sasol.com

Sasol Ltd operates as a vertically integrated chemicals and energy company through its two main segments: Energy business and Chemical business. It generates maximum revenue from the Chemicals segment. The company operates coal mines and its upstream interests in oil and gas, both of which are used as feedstock in the company's energy and chemicals operations. Sasol markets commodity and performance chemicals, sells liquid fuel products, and markets, distributes and transports pipeline gas. Geographically the company generates the majority of its revenue from South Africa.