Sika AG (MEX:SIKA N) Days Inventory : 85.50 (As of Dec. 2024)

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What is Sika AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sika AG's Average Total Inventories for the six months ended in Dec. 2024 was MXN29,915 Mil. Sika AG's Cost of Goods Sold for the six months ended in Dec. 2024 was MXN63,856 Mil. Hence, Sika AG's Days Inventory for the six months ended in Dec. 2024 was 85.50.

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

MEX:SIKA N' s Days Inventory Range Over the Past 10 Years
Min: 80.69 Med: 84.76 Max: 90.31
Current: 90.31

During the past 13 years, Sika AG's highest Days Inventory was 90.31. The lowest was 80.69. And the median was 84.76.

MEX:SIKA N's Days Inventory is ranked worse than
58.74% of 1498 companies
in the Chemicals industry
Industry Median: 77.635 vs MEX:SIKA N: 90.31

Sika AG's Days Inventory declined from Dec. 2023 (90.64) to Dec. 2024 (85.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sika AG's Inventory Turnover for the six months ended in Dec. 2024 was 2.13.

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. Sika AG's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.22.

Sika AG Days Inventory Historical Data

The historical data trend for Sika AG'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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Sika AG Days Inventory Chart

Sika AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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79.75

80.86

84.02

88.69

81.57

Sika AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															89.24	101.18	90.64	89.52	85.50

Competitive Comparison of Sika AG's Days Inventory

For the Specialty Chemicals subindustry, Sika AG'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.

Sika AG's Days Inventory Distribution in the Chemicals Industry

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

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

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Sika AG Days Inventory Calculation

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

Sika AG's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (24352.393	+	31552.55)	/	2 )	/	125075.721	*	365
=	27952.4715					/	125075.721	*	365
=	81.57

Sika AG's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (28277.483	+	31552.55)	/	2 )	/	63855.961	*	365 / 2
=	29915.0165					/	63855.961	*	365 / 2
=	85.50

Sika AG (MEX:SIKA N) 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.

Sika AG's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	63855.961	/	29915.0165
	=	2.13

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.

Sika AG's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	29915.0165	/	138670.756
	=	0.22

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.

Sika AG Days Inventory Related Terms

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

Sika AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sika AG (MEX:SIKA N) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SXYAY:USA SKFOF:USA SIKAz:UK 0Z4C:UK SIKB:Germany SIKA:Switzerland SIKA:Canada

Address

Zugerstrasse 50, Baar, CHE, 6340

Website

https://www.sika.com

Established in 1910, Sika produces specialty chemicals primarily used by the construction sector (85% of sales). Its products are mainly used for bonding, sealing, reinforcing, and protecting in the construction and automotive industries. Approximately 70% of its products have a positive impact on sustainability for customers. Sika has a global manufacturing footprint of more than 400 factories spread across over 100 countries.

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