Chemrez Technologies (PHS:COAT) Days Inventory : 70.31 (As of Dec. 2011)

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What is Chemrez Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chemrez Technologies's Average Total Inventories for the six months ended in Dec. 2011 was ₱878 Mil. Chemrez Technologies's Cost of Goods Sold for the six months ended in Dec. 2011 was ₱4,558 Mil. Hence, Chemrez Technologies's Days Inventory for the six months ended in Dec. 2011 was 35.16.

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

PHS:COAT's Days Inventory is not ranked ^*
in the Chemicals industry.
Industry Median: 81.73
* Ranked among companies with meaningful Days Inventory only.

Chemrez Technologies's Days Inventory increased from Dec. 2009 (44.64) to Dec. 2011 (70.31). It might indicate that Chemrez Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chemrez Technologies's Inventory Turnover for the six months ended in Dec. 2011 was 5.19.

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. Chemrez Technologies's Inventory-to-Revenue for the six months ended in Dec. 2011 was 0.17.

Chemrez Technologies Days Inventory Historical Data

The historical data trend for Chemrez Technologies'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.

Chemrez Technologies Days Inventory Chart

Chemrez Technologies Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Days Inventory

54.52

44.64

48.70

70.31

Chemrez Technologies Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11
Days Inventory	-	54.52	44.64	48.70	70.31

Competitive Comparison of Chemrez Technologies's Days Inventory

For the Chemicals subindustry, Chemrez Technologies'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.

Chemrez Technologies's Days Inventory Distribution in the Chemicals Industry

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

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

Chemrez Technologies Days Inventory Calculation

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

Chemrez Technologies's Days Inventory for the fiscal year that ended in Dec. 2011 is calculated as

	Days Inventory (A: Dec. 2011 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2010 )	+	Total Inventories (A: Dec. 2011 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2011 )	*	Days in Period
=	( (895.013	+	861.026)	/	2 )	/	4557.949	*	365
=	878.0195					/	4557.949	*	365
=	70.31

Chemrez Technologies's Days Inventory for the quarter that ended in Dec. 2011 is calculated as:

	Days Inventory (Q: Dec. 2011 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2010 )	+	Total Inventories (Q: Dec. 2011 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2011 )	*	Days in Period
=	( (895.013	+	861.026)	/	2 )	/	4557.949	*	365 / 2
=	878.0195					/	4557.949	*	365 / 2
=	35.16

Chemrez Technologies (PHS:COAT) 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.

Chemrez Technologies's Inventory Turnover for the six months ended in Dec. 2011 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4557.949	/	878.0195
	=	5.19

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.

Chemrez Technologies's Inventory to Revenue for the six months ended in Dec. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	878.0195	/	5104.064
	=	0.17

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.

Chemrez Technologies Days Inventory Related Terms

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

Chemrez Technologies (PHS:COAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemrez Technologies Inc (PHS:COAT) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Website

http://www.chemrez.com

Chemrez Technologies, Inc. is a manufacturer of resins, oleochemicals, and specialty products with an excellent reputation in the Philippines and Asia.

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