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E.I. du Pont de Nemours (FRA:DUP) Inventory Turnover : 0.39 (As of Mar. 2024)


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What is E.I. du Pont de Nemours Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. E.I. du Pont de Nemours's Cost of Goods Sold for the three months ended in Mar. 2024 was €2,346 Mil. E.I. du Pont de Nemours's Average Total Inventories for the quarter that ended in Mar. 2024 was €6,007 Mil. E.I. du Pont de Nemours's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. E.I. du Pont de Nemours's Days Inventory for the three months ended in Mar. 2024 was 233.66.

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. E.I. du Pont de Nemours's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.45.


E.I. du Pont de Nemours Inventory Turnover Historical Data

The historical data trend for E.I. du Pont de Nemours's Inventory Turnover 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.

E.I. du Pont de Nemours Inventory Turnover Chart

E.I. du Pont de Nemours Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.64 1.90 1.79 1.43

E.I. du Pont de Nemours Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover 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 0.41 0.51 0.28 0.35 0.39

E.I. du Pont de Nemours Inventory Turnover Calculation

E.I. du Pont de Nemours's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=9096.64 / ((6430.528 + 6326.383) / 2 )
=9096.64 / 6378.4555
=1.43

E.I. du Pont de Nemours's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=2346 / ((6326.383 + 5688.36) / 2 )
=2346 / 6007.3715
=0.39

* 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.


E.I. du Pont de Nemours  (FRA:DUP) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

E.I. du Pont de Nemours's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=6007.3715/2346*365 / 4
=233.66

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.

E.I. du Pont de Nemours's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=6007.3715 / 4132.64
=1.45

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


E.I. du Pont de Nemours Inventory Turnover Related Terms

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E.I. du Pont de Nemours (FRA:DUP) Business Description

Traded in Other Exchanges
Address
9330 Zionsville Road, Indianapolis, IN, USA, 46268
EIDP Inc formerly, E.I. du Pont de Nemours & Co provides Agricultural solutions to the farmers. The company operates in two segments: seed and crop protection. The seed segment develops and supplies commercial seed combining superior germplasm with advanced traits to produce high yield potential for farmers, while the crop protection segment supplies products to protect crop yields against weeds, insects, and disease. Some of its products include Corn, Soybean, oilseeds, Fungicides, Herbicides, and Insecticides. Its geographical segments include North America, EMEA(Europe, the Middle East, and Africa), Latin America, and the Asia Pacific. Nearly half of the revenue comes from North America.

E.I. du Pont de Nemours (FRA:DUP) Headlines

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