Chimcomplex Borzesti (BSE:CRC) Days Inventory : 67.05 (As of Jun. 2023)

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What is Chimcomplex Borzesti Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chimcomplex Borzesti's Average Total Inventories for the six months ended in Jun. 2023 was lei202 Mil. Chimcomplex Borzesti's Cost of Goods Sold for the six months ended in Jun. 2023 was lei550 Mil. Hence, Chimcomplex Borzesti's Days Inventory for the six months ended in Jun. 2023 was 67.05.

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

BSE:CRC' s Days Inventory Range Over the Past 10 Years
Min: 33.38 Med: 83.19 Max: 176.05
Current: 176.05

During the past 8 years, Chimcomplex Borzesti's highest Days Inventory was 176.05. The lowest was 33.38. And the median was 83.19.

BSE:CRC's Days Inventory is ranked worse than
85.85% of 1491 companies
in the Chemicals industry
Industry Median: 81.73 vs BSE:CRC: 176.05

Chimcomplex Borzesti's Days Inventory increased from Jun. 2022 (45.89) to Jun. 2023 (67.05). It might indicate that Chimcomplex Borzesti's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chimcomplex Borzesti's Inventory Turnover for the six months ended in Jun. 2023 was 2.72.

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. Chimcomplex Borzesti's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.25.

Chimcomplex Borzesti Days Inventory Historical Data

The historical data trend for Chimcomplex Borzesti'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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Chimcomplex Borzesti Days Inventory Chart

Chimcomplex Borzesti Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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110.62

33.38

43.02

59.30

96.37

Chimcomplex Borzesti Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial											35.44	165.79	45.89	-	67.05

Competitive Comparison of Chimcomplex Borzesti's Days Inventory

For the Chemicals subindustry, Chimcomplex Borzesti'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.

Chimcomplex Borzesti's Days Inventory Distribution in the Chemicals Industry

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

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

Chimcomplex Borzesti Days Inventory Calculation

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

Chimcomplex Borzesti's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (157.906	+	239.2)	/	2 )	/	752.051	*	365
=	198.553					/	752.051	*	365
=	96.37

Chimcomplex Borzesti'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
=	( (239.2	+	165.083)	/	2 )	/	550.219	*	365 / 2
=	202.1415					/	550.219	*	365 / 2
=	67.05

Chimcomplex Borzesti (BSE:CRC) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	550.219	/	202.1415
	=	2.72

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	202.1415	/	793.527
	=	0.25

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.

Chimcomplex Borzesti Days Inventory Related Terms

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Chimcomplex Borzesti (BSE:CRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chimcomplex SA Borzesti (BSE:CRC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Piata Presei Libere No. 3-5, City Gate Turnul de Sud, Floor 17, Sector 1, Bucharest, ROU

Website

https://www.chimcomplex.com

Chimcomplex SA Borzesti operates as a chemical manufacturing company in Romania. Its product portfolio comprises chlorine, organic solvents, inorganic chlorides, alkylamines, and other products.