The historical rank and industry rank for Wacker Chemie AG's Days Inventory or its related term are showing as below:
XTER:WCH'
s Days Inventory Range Over the Past 10 Years
Min: 61.92 Med: 81.28 Max: 106.53
Current: 105.94
During the past 13 years, Wacker Chemie AG's highest Days Inventory was 106.53. The lowest was 61.92. And the median was 81.28.
XTER:WCH's Days Inventory is ranked worse than 64.7% of 1493
companies
in the Chemicals industry
Industry Median: 82.5
vs XTER:WCH: 105.94
Wacker Chemie AG's Days Inventory
increased
from Dec. 2022 (93.98) to Dec. 2023 (109.61).
It might indicate that Wacker Chemie AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Wacker Chemie AG's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.66.
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.
Wacker Chemie AG's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.51.
Wacker Chemie AG Days Inventory Historical Data
The historical data trend for Wacker Chemie 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.
Competitive Comparison of Wacker Chemie AG's Days Inventory
For the Specialty Chemicals subindustry, Wacker Chemie 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.
Wacker Chemie AG's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Wacker Chemie AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Wacker Chemie AG's Days Inventory falls into.
Wacker Chemie AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Wacker Chemie AG's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Wacker Chemie AG (XTER:WCH) 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.
Wacker Chemie AG's Inventory Turnover for the
six
months ended in Dec. 2023 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.
Wacker Chemie AG's Inventory to Revenue for the
six
months ended in Dec. 2023 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.
Wacker Chemie AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Wacker Chemie AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.
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