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SCL (Stepan Co) Days Inventory : 54.49 (As of Sep. 2024)


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What is Stepan Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Stepan Co's Average Total Inventories for the three months ended in Sep. 2024 was $281 Mil. Stepan Co's Cost of Goods Sold for the three months ended in Sep. 2024 was $471 Mil. Hence, Stepan Co's Days Inventory for the three months ended in Sep. 2024 was 54.49.

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

SCL' s Days Inventory Range Over the Past 10 Years
Min: 38.68   Med: 46.83   Max: 59.53
Current: 52.5

During the past 13 years, Stepan Co's highest Days Inventory was 59.53. The lowest was 38.68. And the median was 46.83.

SCL's Days Inventory is ranked better than
73.36% of 1494 companies
in the Chemicals industry
Industry Median: 79.62 vs SCL: 52.50

Stepan Co's Days Inventory declined from Sep. 2023 (58.03) to Sep. 2024 (54.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Stepan Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.67.

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. Stepan Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.51.


Stepan Co Days Inventory Historical Data

The historical data trend for Stepan Co'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.

Stepan Co Days Inventory Chart

Stepan Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.28 51.88 49.07 55.08 59.53

Stepan Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.03 53.89 49.56 49.02 54.49

Competitive Comparison of Stepan Co's Days Inventory

For the Specialty Chemicals subindustry, Stepan Co'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.


Stepan Co's Days Inventory Distribution in the Chemicals Industry

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

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



Stepan Co Days Inventory Calculation

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

Stepan Co'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
=( (402.531 + 265.558) / 2 ) / 2048.17*365
=334.0445 / 2048.17*365
=59.53

Stepan Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (266.011 + 296.704) / 2 ) / 471.157*365 / 4
=281.3575 / 471.157*365 / 4
=54.49

* 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.


Stepan Co  (NYSE:SCL) 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.

Stepan Co's Inventory Turnover for the three months ended in Sep. 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.

Stepan Co's Inventory to Revenue for the three months ended in Sep. 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.


Stepan Co Days Inventory Related Terms

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


Stepan Co Business Description

Traded in Other Exchanges
Address
1101 Skokie Boulevard, Suite 500, Northbrook, IL, USA, 60062
Stepan Co manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on product type. The surfactants segment, which generates the majority of revenue, sells cleaning agents used in detergents, shampoos, body wash, fabric softeners, toothpastes, and other personal-care products. Surfactants are chemical agents that affect the interaction between two surfaces. The polymers segment sells polyurethane used to manufacture rigid foam for thermal insulation, as well as phthalic anhydride used to make plastic components for the construction, automotive, and boating industries. The specialty products segment sells chemicals used in food and flavoring. Majority of Stepan's revenue comes from the United States.
Executives
David Kabbes officer: VP GC & Secretary C/O BUNGE LIMITED, 50 MAIN STREET, 6TH FLOOR, WHITE PLAINS NY 10606
Stepan F Quinn Jr director, officer: President and COO 22 W FRONTAGE ROAD, NORTHFIELD IL 60093
Scott R. Behrens officer: VP/GM Surfactants 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Luis Rojo officer: VP & Chief Financial Officer 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Sharon Purnell officer: VP & CHRO 1101 SKOKIE BLVD, SUITE 500, NORTHBROOK IL 60062
Randall S. Dearth director CALGON CARBON CORPORATION, P.O. BOX 717, PITTSBURGH X1 15230
Arthur W Mergner officer: VP & General Manager 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Robert Joseph Haire officer: EVP, Supply Chain 1101 SKOKIE BLVD, SUITE 500, NORTHBROOK IL 60062
Jason Scott Keiper officer: VP & Chief Tech & Sust Officer 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Gregory E Lawton director 4 TESSENEER DR, HIGHLAND HEIGHTS KY 41076
Debra Stefaniak officer: VP, Business Transformation 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Janet Anne Catlett officer: VP, CHRO 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Richard Finn Stepan officer: V.P. and Gen'l. Mgr., Polymers 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Edward J Wehmer director 454 BUENA ROAD, LAKE FOREST IL 60045
Lorinda Burgess director 22 WEST FRONTAG ROAD, NORTHBROOK IL 60093