Days Inventory is also known as Days Sales of Inventory (DSI). Clariant AG's Average Total Inventories for the
six
months ended in Dec. 2023 was CHF714 Mil. Clariant AG's Cost of Goods Sold for the
six
months ended in Dec. 2023 was CHF1,592 Mil.
Hence, Clariant AG's Days Inventory for the
six
months ended in Dec. 2023 was 81.85.
The historical rank and industry rank for Clariant AG's Days Inventory or its related term are showing as below:
XSWX:CLN'
s Days Inventory Range Over the Past 10 Years
Min: 65.03 Med: 76.81 Max: 118.19
Current: 82.8
During the past 13 years, Clariant AG's highest Days Inventory was 118.19. The lowest was 65.03. And the median was 76.81.
XSWX:CLN's Days Inventory is ranked better than 50.3% of 1495
companies
in the Chemicals industry
Industry Median: 83.19
vs XSWX:CLN: 82.80
Clariant AG's Days Inventory
increased
from Dec. 2022 (66.63) to Dec. 2023 (81.85).
It might indicate that Clariant AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Clariant AG's Inventory Turnover for the
six
months ended in Dec. 2023 was 2.23.
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.
Clariant AG's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.34.
Clariant AG Days Inventory Historical Data
The historical data trend for Clariant AG'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 Clariant AG's Days Inventory
For the Specialty Chemicals subindustry, Clariant AG'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.
Clariant AG's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Clariant AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Clariant AG's Days Inventory falls into.
Clariant AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Clariant AG'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.
Clariant AG (XSWX:CLN) 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.
Clariant AG's Inventory Turnover for the
six
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.
Clariant AG's Inventory to Revenue for the
six
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.
Clariant AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Clariant AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Clariant is a Switzerland-based specialty chemicals company with global operations. The company reports in three business areas: care chemicals, absorbents and additives, and catalysts. Care chemicals mainly targets consumer end markets such as personal care and homecare, but it also has an industrial component. Absorbents and additives encompass Clariant's coatings and adhesives, absorbents, and plastics segments. Catalysts manufacturers process catalysts, mainly for petrochemical and syngas plants.
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