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Quaker Houghton (FRA:QUC) Days Inventory : 74.97 (As of Mar. 2024)


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What is Quaker Houghton Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Quaker Houghton's Average Total Inventories for the three months ended in Mar. 2024 was €218 Mil. Quaker Houghton's Cost of Goods Sold for the three months ended in Mar. 2024 was €265 Mil. Hence, Quaker Houghton's Days Inventory for the three months ended in Mar. 2024 was 74.97.

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

FRA:QUC' s Days Inventory Range Over the Past 10 Years
Min: 55.29   Med: 63.44   Max: 78.09
Current: 78.09

During the past 13 years, Quaker Houghton's highest Days Inventory was 78.09. The lowest was 55.29. And the median was 63.44.

FRA:QUC's Days Inventory is ranked better than
53.65% of 1493 companies
in the Chemicals industry
Industry Median: 82.8 vs FRA:QUC: 78.09

Quaker Houghton's Days Inventory declined from Mar. 2023 (81.19) to Mar. 2024 (74.97).

Inventory Turnover measures how fast the company turns over its inventory within a year. Quaker Houghton's Inventory Turnover for the three months ended in Mar. 2024 was 1.22.

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. Quaker Houghton's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.50.


Quaker Houghton Days Inventory Historical Data

The historical data trend for Quaker Houghton'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.

Quaker Houghton Days Inventory Chart

Quaker Houghton 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 65.69 76.56 68.67 73.06 77.10

Quaker Houghton Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 81.19 82.12 77.45 75.55 74.97

Competitive Comparison of Quaker Houghton's Days Inventory

For the Specialty Chemicals subindustry, Quaker Houghton'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.


Quaker Houghton's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Quaker Houghton's Days Inventory falls into.



Quaker Houghton Days Inventory Calculation

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

Quaker Houghton'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
=( (268.897 + 214.447) / 2 ) / 1144.112*365
=241.672 / 1144.112*365
=77.10

Quaker Houghton's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (214.447 + 221.229) / 2 ) / 265.14*365 / 4
=217.838 / 265.14*365 / 4
=74.97

* 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.


Quaker Houghton  (FRA:QUC) 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.

Quaker Houghton's Inventory Turnover for the three months ended in Mar. 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.

Quaker Houghton's Inventory to Revenue for the three months ended in Mar. 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.


Quaker Houghton Days Inventory Related Terms

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


Quaker Houghton (FRA:QUC) Business Description

Traded in Other Exchanges
Address
901 East Hector Street, Conshohocken, PA, USA, 19428-2380
Quaker Houghton manufactures and sells a variety of industrial process fluids. The product portfolio of the company includes metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids and surface treatment chemicals. The geographic segments of the company includes America, EMEA, Asia/Pacific and Global Specialty Businesses. Majority of the revenue is earned from America.

Quaker Houghton (FRA:QUC) Headlines

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