Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Days Inventory : 173.99 (As of Dec. 2023)

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What is Societe Nationale d'Electrolyse et de Petrochimie Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Societe Nationale d'Electrolyse et de Petrochimie's Average Total Inventories for the six months ended in Dec. 2023 was MAD263.5 Mil. Societe Nationale d'Electrolyse et de Petrochimie's Cost of Goods Sold for the six months ended in Dec. 2023 was MAD276.3 Mil. Hence, Societe Nationale d'Electrolyse et de Petrochimie's Days Inventory for the six months ended in Dec. 2023 was 173.99.

The historical rank and industry rank for Societe Nationale d'Electrolyse et de Petrochimie's Days Inventory or its related term are showing as below:

CAS:SNP' s Days Inventory Range Over the Past 10 Years
Min: 70.01 Med: 90.16 Max: 145.75
Current: 145.75

During the past 11 years, Societe Nationale d'Electrolyse et de Petrochimie's highest Days Inventory was 145.75. The lowest was 70.01. And the median was 90.16.

CAS:SNP's Days Inventory is ranked worse than
78.82% of 1492 companies
in the Chemicals industry
Industry Median: 83.25 vs CAS:SNP: 145.75

Societe Nationale d'Electrolyse et de Petrochimie's Days Inventory increased from Dec. 2022 (134.76) to Dec. 2023 (173.99). It might indicate that Societe Nationale d'Electrolyse et de Petrochimie's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Societe Nationale d'Electrolyse et de Petrochimie's Inventory Turnover for the six months ended in Dec. 2023 was 1.05.

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. Societe Nationale d'Electrolyse et de Petrochimie's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.83.

Societe Nationale d'Electrolyse et de Petrochimie Days Inventory Historical Data

The historical data trend for Societe Nationale d'Electrolyse et de Petrochimie'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.

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Societe Nationale d'Electrolyse et de Petrochimie Days Inventory Chart

Societe Nationale d'Electrolyse et de Petrochimie Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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100.07

83.70

70.01

103.07

135.29

Societe Nationale d'Electrolyse et de Petrochimie Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															75.33	71.88	134.76	134.50	173.99

Competitive Comparison of Societe Nationale d'Electrolyse et de Petrochimie's Days Inventory

For the Specialty Chemicals subindustry, Societe Nationale d'Electrolyse et de Petrochimie'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.

Societe Nationale d'Electrolyse et de Petrochimie's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Societe Nationale d'Electrolyse et de Petrochimie's Days Inventory distribution charts can be found below:

* The bar in red indicates where Societe Nationale d'Electrolyse et de Petrochimie's Days Inventory falls into.

Societe Nationale d'Electrolyse et de Petrochimie Days Inventory Calculation

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

Societe Nationale d'Electrolyse et de Petrochimie'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
=	( (266.588	+	224.481)	/	2 )	/	662.409	*	365
=	245.5345					/	662.409	*	365
=	135.29

Societe Nationale d'Electrolyse et de Petrochimie's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (302.448	+	224.481)	/	2 )	/	276.349	*	365 / 2
=	263.4645					/	276.349	*	365 / 2
=	173.99

Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) 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.

Societe Nationale d'Electrolyse et de Petrochimie's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	276.349	/	263.4645
	=	1.05

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.

Societe Nationale d'Electrolyse et de Petrochimie's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	263.4645	/	316.168
	=	0.83

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.

Societe Nationale d'Electrolyse et de Petrochimie Days Inventory Related Terms

Thank you for viewing the detailed overview of Societe Nationale d'Electrolyse et de Petrochimie's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Route Cotiere N 111 - Mohammadia, Casablanca, MAR

Website

http://www.snep.ma

Societe Nationale d'Electrolyse et de Petrochimie manufactures vinyl products (PVC and Compound PVC) and products resulting from electrolysis (Soda, Chlorine, Bleach) and Hydrochloric Acid. The company ioffers its products to BTP, Irrigation, Drinking water supply and sanitation, Detergency and domestic and industrial hygiene, Water treatment, and Food industry.

Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Headlines

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