Synthomer (LSE:SYNT) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 1971. Start your Free Trial

What is Synthomer Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Synthomer's Average Total Inventories for the six months ended in Dec. 2023 was £359 Mil. Synthomer's Cost of Goods Sold for the six months ended in Dec. 2023 was £0 Mil.

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

LSE:SYNT' s Days Inventory Range Over the Past 10 Years
Min: 35.03 Med: 39.63 Max: 82.5
Current: 82.5

During the past 13 years, Synthomer's highest Days Inventory was 82.50. The lowest was 35.03. And the median was 39.63.

LSE:SYNT's Days Inventory is ranked better than
50.3% of 1493 companies
in the Chemicals industry
Industry Median: 82.93 vs LSE:SYNT: 82.50

Synthomer's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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. Synthomer's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. Synthomer's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.40.

Synthomer Days Inventory Historical Data

The historical data trend for Synthomer'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.

Synthomer Days Inventory Chart

Synthomer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

40.62

44.19

52.31

62.93

82.50

Synthomer Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Synthomer's Days Inventory

For the Specialty Chemicals subindustry, Synthomer'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.

Synthomer's Days Inventory Distribution in the Chemicals Industry

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

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

Synthomer Days Inventory Calculation

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

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

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (407.9	+	344.1)	/	2 )	/	1663.6	*	365
=	376					/	1663.6	*	365
=	82.50

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

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (374.5	+	344.1)	/	2 )	/	0	*	365 / 2
=	359.3					/	0	*	365 / 2
=	N/A

Synthomer (LSE:SYNT) 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.

Synthomer's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	359.3
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	359.3	/	895.6
	=	0.40

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.

Synthomer Days Inventory Related Terms

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

Synthomer (LSE:SYNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Synthomer PLC (LSE:SYNT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SYYYF:USA SYNTl:UK 7YC2:Germany

Address

45 Pall Mall, London, GBR, SW1Y 5JG

Website

https://www.synthomer.com

Synthomer PLC is a specialty chemicals company. It supplies a variety of chemicals including latex and adhesives, which are used in a wide range of markets such as construction, coatings, textiles, paper, and healthcare. The company's products include styrene-butadiene rubber, which is used to make coated paper, packaging, bindings for carpet, foam mattresses, pillows and shoes; and nitrile butadiene latex used to make medical gloves and catheters, among others. The company organizes itself into five segments: performance elastomers, functional solutions, industrial specialties, adhesive Technologies and acrylate monomers. A vast majority of the company's revenue is generated by the performance elastomers and functional solutions segments combined.