Days Inventory is also known as Days Sales of Inventory (DSI). OCI NV's Average Total Inventories for the
three
months ended in Dec. 2023 was €216 Mil. OCI NV's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €483 Mil.
Hence, OCI NV's Days Inventory for the
three
months ended in Dec. 2023 was 40.80.
The historical rank and industry rank for OCI NV's Days Inventory or its related term are showing as below:
XAMS:OCI'
s Days Inventory Range Over the Past 10 Years
Min: 25.06 Med: 34.58 Max: 50.59
Current: 31.89
During the past 12 years, OCI NV's highest Days Inventory was 50.59. The lowest was 25.06. And the median was 34.58.
XAMS:OCI's Days Inventory is ranked better than 90.27% of 1491
companies
in the Chemicals industry
Industry Median: 83.31
vs XAMS:OCI: 31.89
OCI NV's Days Inventory
declined
from Dec. 2022 (53.35) to Dec. 2023 (40.80).
Inventory Turnover measures how fast the company turns over its inventory within a year.
OCI NV's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.24.
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.
OCI NV's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.48.
OCI NV Days Inventory Historical Data
The historical data trend for OCI NV'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.
For the Specialty Chemicals subindustry, OCI NV'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.
OCI NV's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, OCI NV's Days Inventory distribution charts can be found below:
* The bar in red indicates where OCI NV's Days Inventory falls into.
OCI NV Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
OCI NV'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.
OCI NV (XAMS:OCI) 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.
OCI NV's Inventory Turnover for the
three
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.
OCI NV's Inventory to Revenue for the
three
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.
OCI NV Days Inventory Related Terms
Thank you for viewing the detailed overview of OCI NV's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The firm organizes itself into five reportable segments based on product type and location. The methanol U.S. segment distributes methanol and ammonia primarily to industrial customers around the U.S. Gulf Coast. Methanol Europe produces and distributes regular and bio-methanol. Other segments include nitrogen U.S., nitrogen Europe, and fertiglobe, which is a nitrogen fertilizer platform serving the Middle East and North Africa. Majority revenue is generated from the Fertiglobe segment. The company generates majority of its revenue from Europe and the Americas.
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