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SYIEY (Symrise AG) Days Inventory : 145.60 (As of Jun. 2024)


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What is Symrise AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Symrise AG's Average Total Inventories for the six months ended in Jun. 2024 was $1,346 Mil. Symrise AG's Cost of Goods Sold for the six months ended in Jun. 2024 was $1,688 Mil. Hence, Symrise AG's Days Inventory for the six months ended in Jun. 2024 was 145.60.

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

SYIEY' s Days Inventory Range Over the Past 10 Years
Min: 124.45   Med: 146.25   Max: 155.21
Current: 151.07

During the past 13 years, Symrise AG's highest Days Inventory was 155.21. The lowest was 124.45. And the median was 146.25.

SYIEY's Days Inventory is ranked worse than
81.66% of 1494 companies
in the Chemicals industry
Industry Median: 79.62 vs SYIEY: 151.07

Symrise AG's Days Inventory declined from Jun. 2023 (156.09) to Jun. 2024 (145.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Symrise AG's Inventory Turnover for the six months ended in Jun. 2024 was 1.25.

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. Symrise AG's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.49.


Symrise AG Days Inventory Historical Data

The historical data trend for Symrise 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.

* Premium members only.

Symrise AG Days Inventory Chart

Symrise AG 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 156.60 143.71 149.21 149.14 152.93

Symrise AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 149.58 152.07 156.09 156.33 145.60

Competitive Comparison of Symrise AG's Days Inventory

For the Specialty Chemicals subindustry, Symrise 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.


Symrise AG's Days Inventory Distribution in the Chemicals Industry

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

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



Symrise AG Days Inventory Calculation

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

Symrise AG'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
=( (1406.313 + 1369.515) / 2 ) / 3312.558*365
=1387.914 / 3312.558*365
=152.93

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

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (1369.515 + 1323.329) / 2 ) / 1687.604*365 / 2
=1346.422 / 1687.604*365 / 2
=145.60

* 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.


Symrise AG  (OTCPK:SYIEY) 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.

Symrise AG's Inventory Turnover for the six months ended in Jun. 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.

Symrise AG's Inventory to Revenue for the six months ended in Jun. 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.


Symrise AG Days Inventory Related Terms

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


Symrise AG Business Description

Address
Muhlenfeldstrasse 1, Holzminden, ST, DEU, 37603
Symrise is a global supplier of ingredients for fragrances and flavourings across the food, beverage, household products, and pharmaceutical industries. With an estimated 12% market share, it is the world's fourth-largest supplier of fragrances and flavourings. The company was created after a 2003 merger of two companies that originated in 1874 and 1919. With 9,000 employees, Symrise produces 30,000 products sourced from 10,000 mostly natural raw materials such as vanilla, citrus, blossoms, and plant or animal materials for more than 6,000 customers.