GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zep Inc (FRA:14Z) » Definitions » Days Inventory

Zep (FRA:14Z) Days Inventory : 87.21 (As of Feb. 2015)


View and export this data going back to . Start your Free Trial

What is Zep Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zep's Average Total Inventories for the three months ended in Feb. 2015 was €73.9 Mil. Zep's Cost of Goods Sold for the three months ended in Feb. 2015 was €77.3 Mil. Hence, Zep's Days Inventory for the three months ended in Feb. 2015 was 87.21.

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

FRA:14Z' s Days Inventory Range Over the Past 10 Years
Min: 36.11   Med: 69.76   Max: 78.57
Current: 78.57

During the past 11 years, Zep's highest Days Inventory was 78.57. The lowest was 36.11. And the median was 69.76.

FRA:14Z's Days Inventory is not ranked
in the Chemicals industry.
Industry Median: 82.18 vs FRA:14Z: 78.57

Zep's Days Inventory increased from Feb. 2014 (85.13) to Feb. 2015 (87.21). It might indicate that Zep's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zep's Inventory Turnover for the three months ended in Feb. 2015 was 1.05.

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. Zep's Inventory-to-Revenue for the three months ended in Feb. 2015 was 0.52.


Zep Days Inventory Historical Data

The historical data trend for Zep'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.

Zep Days Inventory Chart

Zep Annual Data
Trend Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.94 63.94 64.37 72.65 71.37

Zep Quarterly Data
May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15
Days Inventory Get a 7-Day Free Trial 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 85.13 70.59 67.84 83.22 87.21

Competitive Comparison of Zep's Days Inventory

For the Specialty Chemicals subindustry, Zep'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.


Zep's Days Inventory Distribution in the Chemicals Industry

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

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



Zep Days Inventory Calculation

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

Zep's Days Inventory for the fiscal year that ended in Aug. 2014 is calculated as

Days Inventory (A: Aug. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2013 ) + Total Inventories (A: Aug. 2014 )) / count ) / Cost of Goods Sold (A: Aug. 2014 )*Days in Period
=( (51.543 + 57.038) / 2 ) / 277.642*365
=54.2905 / 277.642*365
=71.37

Zep's Days Inventory for the quarter that ended in Feb. 2015 is calculated as:

Days Inventory (Q: Feb. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2014 ) + Total Inventories (Q: Feb. 2015 )) / count ) / Cost of Goods Sold (Q: Feb. 2015 )*Days in Period
=( (73.903 + 73.884) / 2 ) / 77.315*365 / 4
=73.8935 / 77.315*365 / 4
=87.21

* 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.


Zep  (FRA:14Z) 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.

Zep's Inventory Turnover for the three months ended in Feb. 2015 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.

Zep's Inventory to Revenue for the three months ended in Feb. 2015 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.


Zep Days Inventory Related Terms

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


Zep (FRA:14Z) Business Description

Traded in Other Exchanges
N/A
Address
Zep Inc. was founded in 1937. It is a producer, marketer, and service provider of a range of cleaning and maintenance solutions for commercial, industrial, institutional, and consumer end-markets. Zeps product portfolio includes anti-bacterial and industrial hand care products, cleaners, degreasers, deodorizers, disinfectants, floor finishes, sanitizers, and pest and weed control products. It continually refreshes its product portfolio and service offerings. Zep reaches its customers through an experienced, international organization of sales representatives supported by highly skilled marketing, research and development and technical services teams, who collectively provide creative solutions for its customers' diverse cleaning and maintenance needs by utilizing their product expertise and providing customized value added services that it distinguish Zep among its competitors. Through its direct sales organization, Zep provides convenient, highly effective cleaning and maintenance solutions to customers in a broad array of commercial, industrial, and institutional end-markets, including transportation, food processing and service, manufacturing, government, and housekeeping. These customers include government entities and businesses ranging from small sole proprietorships to large corporations. It sells its products to customers mainly in the United States, Canada and Western Europe. Zep markes these products and services under well recognized and established brand names, such as Zep , Zep Commercial, Zep Professional, Enforcer, and Selig. Zep is its flagship brand and represents largest portfolio of cleaning and maintenance solutions for commercial, industrial, and institutional customers needing highly effective product solutions and professional technical support. Zep Commercial provides professional cleaning and plumbing chemical products targeted to contractors and small business owners and are currently sold through The Home Depot, HD Supply and other retailers. Zep Professional was introduced in fiscal year 2009 and represents its portfolio of cleaning and maintenance solutions that are offered to customers in the commercial, industrial, and institutional end-markets who prefer to acquire product through the distribution channel. Selig offers a limited assortment of cleaning solutions targeted to commercial, industrial and institutional customers. It produces a range of cleaning and maintenance solutions for commercial, industrial, institutional, and consumer customers. Zeps commercial, industrial, and institutional customers include government entities and businesses ranging from small sole proprietorships to large corporations as well as distributors. Its sales and service organization covers the United States, Canada, Italy, Belgium, Luxemburg, the Netherlands and certain other smaller markets. It manufactures products at six facilities located in the United States, Canada, the Netherlands, and Italy.The key raw materi

Zep (FRA:14Z) Headlines

No Headlines