Syensqo (FRA:2NF) Days Inventory : 97.66 (As of Jun. 2023)

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What is Syensqo Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Syensqo's Average Total Inventories for the six months ended in Jun. 2023 was €1,334 Mil. Syensqo's Cost of Goods Sold for the six months ended in Jun. 2023 was €2,493 Mil. Hence, Syensqo's Days Inventory for the six months ended in Jun. 2023 was 97.66.

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

FRA:2NF' s Days Inventory Range Over the Past 10 Years
Min: 84.06 Med: 85.69 Max: 90.93
Current: 90.93

During the past 4 years, Syensqo's highest Days Inventory was 90.93. The lowest was 84.06. And the median was 85.69.

FRA:2NF's Days Inventory is ranked worse than
55.48% of 1487 companies
in the Chemicals industry
Industry Median: 81.77 vs FRA:2NF: 90.93

Syensqo's Days Inventory increased from Jun. 2022 (78.92) to Jun. 2023 (97.66). It might indicate that Syensqo's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Syensqo's Inventory Turnover for the six months ended in Jun. 2023 was 1.87.

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. Syensqo's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.35.

Syensqo Days Inventory Historical Data

The historical data trend for Syensqo'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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Syensqo Days Inventory Chart

Syensqo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

87.64

85.69

84.06

Syensqo Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Days Inventory	-	-	78.92	88.83	97.66

Competitive Comparison of Syensqo's Days Inventory

For the Chemicals subindustry, Syensqo'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.

Syensqo's Days Inventory Distribution in the Chemicals Industry

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

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

Syensqo Days Inventory Calculation

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

Syensqo'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
=	( (1149	+	1393)	/	2 )	/	5519	*	365
=	1271					/	5519	*	365
=	84.06

Syensqo'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
=	( (1393	+	1275)	/	2 )	/	2493	*	365 / 2
=	1334					/	2493	*	365 / 2
=	97.66

Syensqo (FRA:2NF) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2493	/	1334
	=	1.87

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1334	/	3791
	=	0.35

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.

Syensqo Days Inventory Related Terms

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

Syensqo (FRA:2NF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Syensqo SA (FRA:2NF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SYENSb:UK SYENS:Belgium

Address

Rue de la fusee 98, Brussels, BEL, 1130

Website

https://www.syensqo.com

Syensqo SA is a company dedicated to providing solutions across specialty polymers, composite materials, specialty formulations and bio-circular chemistries to assist its customers in identifying, developing and manufacturing the next generation of high-performance sustainable solutions.

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