SMB Cote d'Ivoire (XBRV:SMBC) Days Inventory: 82.18 (As of Dec. 2024) — 11% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBRV:SMBC SMB Cote d'Ivoire XBRV:SMBC
53 GF Score
Price XOF16,500.00
! 11 Warning Signs
View Full Analysis

What is SMB Cote d'Ivoire Days Inventory?

SMB Cote d'Ivoire XBRV:SMBC 53 Days Inventory is 82.18 as of Dec. 2024, which is 11% above its 10-year median of 74.00. GuruFocus rates XBRV:SMBC with a GF Score™ of 53/100. The stock has 11 warning signs investors should review. Among 1,544 Chemicals companies, SMB Cote d'Ivoire ranks worse than 51.49% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). SMB Cote d'Ivoire's Average Total Inventories for the six months ended in Dec. 2024 was XOF44,813 Mil. SMB Cote d'Ivoire's Cost of Goods Sold for the six months ended in Dec. 2024 was XOF199,032 Mil. Hence, SMB Cote d'Ivoire's Days Inventory for the six months ended in Dec. 2024 was 41.09.

The historical rank and industry rank for SMB Cote d'Ivoire's Days Inventory or its related term are showing as below:

XBRV:SMBC' s Days Inventory Range Over the Past 10 Years
Min: 36.96   Med: 74   Max: 100.42
Current: 82.18

During the past 13 years, SMB Cote d'Ivoire's highest Days Inventory was 100.42. The lowest was 36.96. And the median was 74.00.

XBRV:SMBC's Days Inventory is ranked worse than
51.49% of 1544 companies
in the Chemicals industry
Industry Median: 80.305 vs XBRV:SMBC: 82.18

SMB Cote d'Ivoire's Days Inventory increased from Dec. 2022 (36.96) to Dec. 2024 (82.18). It might indicate that SMB Cote d'Ivoire's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SMB Cote d'Ivoire's Inventory Turnover for the six months ended in Dec. 2024 was 4.44.

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. SMB Cote d'Ivoire's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.20.


SMB Cote d'Ivoire  (XBRV:SMBC) 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.

SMB Cote d'Ivoire's Inventory Turnover for the six months ended in Dec. 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.

SMB Cote d'Ivoire's Inventory to Revenue for the six months ended in Dec. 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.


SMB Cote d'Ivoire Days Inventory Related Terms


SMB Cote d'Ivoire Days Inventory Historical Data

* Premium members only.

The historical data trend for SMB Cote d'Ivoire'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.

SMB Cote d'Ivoire Days Inventory Chart

SMB Cote d'Ivoire Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.20 50.48 36.96 88.36 82.18

SMB Cote d'Ivoire Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 100.20 50.48 36.96 88.36 82.18

XBRV:SMBC vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, SMB Cote d'Ivoire'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.


SMB Cote d'Ivoire Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SMB Cote d'Ivoire's Days Inventory distribution charts can be found below:

* The bar in red indicates where SMB Cote d'Ivoire's Days Inventory falls into.


XBRV:SMBC
53GF Score
SMB Cote d'Ivoire XBRV:SMBC
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMB Cote d'Ivoire Days Inventory Calculation

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

SMB Cote d'Ivoire'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
=( (61769 + 27856) / 2 ) / 199032*365
=44812.5 / 199032*365
=82.18

SMB Cote d'Ivoire'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: Dec. 2023 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (61769 + 27856) / 2 ) / 199032*365 / 2
=44812.5 / 199032*365 / 2
=41.09

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 82.18 mean?
SMB Cote d'Ivoire (XBRV:SMBC) has a Days Inventory of 82.18 as of Dec. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on SMB Cote d'Ivoire and its competitors. This is 11% above median its historical median of 74.00. Over the past decade, SMB Cote d'Ivoire's Days Inventory has ranged from 36.96 to 100.42. According to the industry distribution chart, SMB Cote d'Ivoire ranks #795 out of 1544 companies in the Chemicals industry, placing it in the top 51.5%.
Is SMB Cote d'Ivoire's Days Inventory too high?
SMB Cote d'Ivoire's current Days Inventory of 82.18 is 11% above median its 10-year median of 74.00. Over the past 10 years, this metric has ranged from a low of 36.96 to a high of 100.42. The Chemicals industry median Days Inventory is 80.31. SMB Cote d'Ivoire's value of 82.18 is 2.3% above this industry median. Based on the distribution chart, SMB Cote d'Ivoire ranks #795 out of 1544 companies in the Chemicals industry, which is below the industry midpoint. Overall, SMB Cote d'Ivoire has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does SMB Cote d'Ivoire's Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, SMB Cote d'Ivoire ranks #795 out of 1544 companies for Days Inventory. This places SMB Cote d'Ivoire in the lower half of its industry. The industry median Days Inventory is 80.31. SMB Cote d'Ivoire's value of 82.18 is 2.3% above this benchmark. Historically, SMB Cote d'Ivoire's own Days Inventory has ranged from 36.96 to 100.42 over the past decade. While the company's 10-year median is 74.00 vs. the industry median of 80.31, SMB Cote d'Ivoire has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Chemicals company?
The median Days Inventory among Chemicals companies is 80.31, based on 1,544 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SMB Cote d'Ivoire's current Days Inventory of 82.18 is 2.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on SMB Cote d'Ivoire and its competitors. For the Chemicals industry, the median Days Inventory is 80.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMB Cote d'Ivoire's current Days Inventory is 82.18, which is 11% above median its own 10-year median of 74.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMB Cote d'Ivoire stock overvalued right now?
SMB Cote d'Ivoire (XBRV:SMBC) has a current Days Inventory of 82.18. The current Days Inventory is 82.18, which is 11% above median its 10-year median of 74.00 and 2.3% above the Chemicals industry median of 80.31. SMB Cote d'Ivoire's overall GF Score™ is 53/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For SMB Cote d'Ivoire (XBRV:SMBC), the current Days Inventory is 82.18 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SMB Cote d'Ivoire Business Description

Address Boulevard de Petit Bassam, Vridi, Abidjan, CIV, BP 622
SMB Cote d'Ivoire, formerly Societe Multinationale de Bitumes SA is engaged in the refinement of crude oil. Its products are obtained by direct distillation of a South American heavy crude. It offers its products for the production of road bitumen. The various grades of bitumen offered by the company include 35/50, 40/50, 50/70, AC-10 and AC-20 among others.
53GF Score

Get the complete analysis for XBRV:SMBC

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

XOF16,500.00
Price