Days Inventory is also known as Days Sales of Inventory (DSI). Victrex's Average Total Inventories for the
six
months ended in Mar. 2024 was £130.6 Mil. Victrex's Cost of Goods Sold for the
six
months ended in Mar. 2024 was £75.0 Mil.
Hence, Victrex's Days Inventory for the
six
months ended in Mar. 2024 was 317.79.
The historical rank and industry rank for Victrex's Days Inventory or its related term are showing as below:
LSE:VCT'
s Days Inventory Range Over the Past 10 Years
Min: 172.2 Med: 211.32 Max: 285.29
Current: 285.29
During the past 13 years, Victrex's highest Days Inventory was 285.29. The lowest was 172.20. And the median was 211.32.
LSE:VCT's Days Inventory is ranked worse than 94.37% of 1491
companies
in the Chemicals industry
Industry Median: 83.31
vs LSE:VCT: 285.29
Victrex's Days Inventory
increased
from Mar. 2023 (268.75) to Mar. 2024 (317.79).
It might indicate that Victrex'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.
Victrex's Inventory Turnover for the
six
months ended in Mar. 2024 was 0.57.
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.
Victrex's Inventory-to-Revenue for the
six
months ended in Mar. 2024 was 0.92.
Victrex Days Inventory Historical Data
The historical data trend for Victrex'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 Victrex's Days Inventory
For the Specialty Chemicals subindustry, Victrex'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.
Victrex's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Victrex's Days Inventory distribution charts can be found below:
* The bar in red indicates where Victrex's Days Inventory falls into.
Victrex Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Victrex's Days Inventory for the fiscal year that ended in Sep. 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.
Victrex (LSE:VCT) 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.
Victrex's Inventory Turnover for the
six
months ended in Mar. 2024 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.
Victrex's Inventory to Revenue for the
six
months ended in Mar. 2024 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.
Victrex Days Inventory Related Terms
Thank you for viewing the detailed overview of Victrex's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Victrex is a British specialty chemicals company whose business is based predominantly on manufacturing and creating solutions using polyetheretherketone, or PEEK, an ultra-high-performance lightweight plastic. Around 40% of sales are generated in Europe, with Asia and the Americas contributing 30% each. The business has two segments. The industrial segment targets transportation, energy, electronics, and manufacturing, while the medical segment provides healthcare solutions for the implantable device markets.
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