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LyondellBasell Industries NV (LyondellBasell Industries NV) Days Inventory : 49.38 (As of Dec. 2023)


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What is LyondellBasell Industries NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LyondellBasell Industries NV's Average Total Inventories for the three months ended in Dec. 2023 was $4,838 Mil. LyondellBasell Industries NV's Cost of Goods Sold for the three months ended in Dec. 2023 was $8,940 Mil. Hence, LyondellBasell Industries NV's Days Inventory for the three months ended in Dec. 2023 was 49.38.

The historical rank and industry rank for LyondellBasell Industries NV's Days Inventory or its related term are showing as below:

LYB' s Days Inventory Range Over the Past 10 Years
Min: 40.39   Med: 50.6   Max: 66.92
Current: 50.57

During the past 13 years, LyondellBasell Industries NV's highest Days Inventory was 66.92. The lowest was 40.39. And the median was 50.60.

LYB's Days Inventory is ranked better than
76.45% of 1495 companies
in the Chemicals industry
Industry Median: 82.92 vs LYB: 50.57

LyondellBasell Industries NV's Days Inventory increased from Dec. 2022 (48.56) to Dec. 2023 (49.38). It might indicate that LyondellBasell Industries NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. LyondellBasell Industries NV's Inventory Turnover for the three months ended in Dec. 2023 was 1.85.

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. LyondellBasell Industries NV's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.49.


LyondellBasell Industries NV Days Inventory Historical Data

The historical data trend for LyondellBasell Industries 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.

* Premium members only.

LyondellBasell Industries NV Days Inventory Chart

LyondellBasell Industries NV 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 56.70 66.92 45.12 40.39 48.71

LyondellBasell Industries NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 48.56 51.28 53.27 50.24 49.38

Competitive Comparison of LyondellBasell Industries NV's Days Inventory

For the Specialty Chemicals subindustry, LyondellBasell Industries 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.


LyondellBasell Industries NV's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where LyondellBasell Industries NV's Days Inventory falls into.



LyondellBasell Industries NV Days Inventory Calculation

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

LyondellBasell Industries NV'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
=( (4804 + 4765) / 2 ) / 35849*365
=4784.5 / 35849*365
=48.71

LyondellBasell Industries NV'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4911 + 4765) / 2 ) / 8940*365 / 4
=4838 / 8940*365 / 4
=49.38

* 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.


LyondellBasell Industries NV  (NYSE:LYB) 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.

LyondellBasell Industries 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.

LyondellBasell Industries 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.


LyondellBasell Industries NV Days Inventory Related Terms

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


LyondellBasell Industries NV (LyondellBasell Industries NV) Business Description

Traded in Other Exchanges
Address
Delftseplein 27E, 4th Floor, Rotterdam, ZH, NLD, 3013 AA
LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia. The company is the world's largest producer of polypropylene and is also a major producer of polyethylene and propylene oxide. Its chemicals are used in various consumer and industrial end products. Well over half of LyondellBasell's production come from its North American operations.
Executives
Jeffrey A Kaplan officer: EVP & Chief Legal Officer C/O LYONDELLBASELL INDUSTRIES N V, DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Ai Investments Holdings Llc 10 percent owner 730 FIFTH AVENUE, NEW YORK NY 10019
Rita E Griffin director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Anthony R Chase director 10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
Trisha L Conley officer: EVP, People and Culture C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Tracey D Campbell officer: EVP, Sustainability & Corp Aff C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Van Der Laan Yvonne officer: EVP, Circular & Low Carbon Sol C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Michael C. Mcmurray officer: EVP & CFO C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Jagjeet S. Bindra director 2244 WALNUT GROVE AVENUE, P.O. BOX 800, ROSEMEAD CA 91770
James D Guilfoyle officer: SVP, Global I&D C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Virginia A Kamsky director C/O KAMSKY ASSOCIATES, INC., 563 PARK AVENUE, NEW YORK NY 10065
James Malcolm Seward officer: SVP, R&D, Tech & Sustain. C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Vanacker Peter Z. E. director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Buchanan Robin W.t. director STATIONSPLEIN 45, ROTTERDAM P7 3013AK
Chukwuemeka A. Oyolu officer: SVP, CAO & Investor Relations 3010 BRIARPARK DRIVE, HOUSTON TX 77042