Crown Paints Kenya (NAI:CRWN) Days Inventory : 180.56 (As of Dec. 2022)

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What is Crown Paints Kenya Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Crown Paints Kenya's Average Total Inventories for the six months ended in Dec. 2022 was KES3,534 Mil. Crown Paints Kenya's Cost of Goods Sold for the six months ended in Dec. 2022 was KES7,144 Mil. Hence, Crown Paints Kenya's Days Inventory for the six months ended in Dec. 2022 was 90.28.

The historical rank and industry rank for Crown Paints Kenya's Days Inventory or its related term are showing as below:

NAI:CRWN' s Days Inventory Range Over the Past 10 Years
Min: 87.15 Med: 134.79 Max: 180.56
Current: 180.56

During the past 13 years, Crown Paints Kenya's highest Days Inventory was 180.56. The lowest was 87.15. And the median was 134.79.

NAI:CRWN's Days Inventory is ranked worse than
86.65% of 1491 companies
in the Chemicals industry
Industry Median: 81.77 vs NAI:CRWN: 180.56

Crown Paints Kenya's Days Inventory increased from Dec. 2020 (130.20) to Dec. 2022 (180.56). It might indicate that Crown Paints Kenya's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Crown Paints Kenya's Inventory Turnover for the six months ended in Dec. 2022 was 2.02.

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. Crown Paints Kenya's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.31.

Crown Paints Kenya Days Inventory Historical Data

The historical data trend for Crown Paints Kenya'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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Crown Paints Kenya Days Inventory Chart

Crown Paints Kenya Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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138.98

140.54

130.20

149.39

180.56

Crown Paints Kenya Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Inventory	Get a 7-Day Free Trial										138.98	140.54	130.20	149.39	180.56

Competitive Comparison of Crown Paints Kenya's Days Inventory

For the Specialty Chemicals subindustry, Crown Paints Kenya'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.

Crown Paints Kenya's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Crown Paints Kenya's Days Inventory falls into.

Crown Paints Kenya Days Inventory Calculation

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

Crown Paints Kenya's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (3322.838	+	3744.929)	/	2 )	/	7143.619	*	365
=	3533.8835					/	7143.619	*	365
=	180.56

Crown Paints Kenya's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (3322.838	+	3744.929)	/	2 )	/	7143.619	*	365 / 2
=	3533.8835					/	7143.619	*	365 / 2
=	90.28

Crown Paints Kenya (NAI:CRWN) 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.

Crown Paints Kenya's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7143.619	/	3533.8835
	=	2.02

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.

Crown Paints Kenya's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3533.8835	/	11388.808
	=	0.31

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.

Crown Paints Kenya Days Inventory Related Terms

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

Crown Paints Kenya (NAI:CRWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crown Paints Kenya Ltd (NAI:CRWN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Likoni Road, Industrial Area, P.O. Box 78848, Nairobi, KEN, 00507

Website

https://www.crownpaints.co.ke

Crown Paints Kenya Ltd is a Kenya-based paint manufacturer. The company comprises two business segments - Paints and Adhesives. The Paints segment manufactures and sells paints, decorating sundries, polyvinyl acetate emulsion, and alkyd resins producer. The Adhesives segment manufactures and sells adhesives. It offers decorative paints, automotive paints, industrial paints, road marking paints, and thinners. The company generates majority of its revenue from Paints segment. The company does its sales via geographical segments that include Kenya, Uganda, Tanzania, Rwanda, and others.