Sensient Technologies (Sensient Technologies) Days Inventory

: 216.80 (As of Dec. 2023)

View and export this data going back to 1988. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Sensient Technologies's Average Total Inventories for the three months ended in Dec. 2023 was $593 Mil. Sensient Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $249 Mil. Hence, Sensient Technologies's Days Inventory for the three months ended in Dec. 2023 was 216.80.

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

SXT' s Days Inventory Range Over the Past 10 Years
Min: 156.35 Med: 177.18 Max: 213.37
Current: 213.37

During the past 13 years, Sensient Technologies's highest Days Inventory was 213.37. The lowest was 156.35. And the median was 177.18.

SXT's Days Inventory is ranked worse than
90.29% of 1493 companies
in the Chemicals industry
Industry Median: 83.38 vs SXT: 213.37

Sensient Technologies's Days Inventory increased from Dec. 2022 (204.92) to Dec. 2023 (216.80). It might indicate that Sensient Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sensient Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 0.42.

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. Sensient Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.70.

Sensient Technologies Days Inventory Historical Data

The historical data trend for Sensient Technologies'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.

Sensient Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

183.55

161.52

156.35

187.86

212.98

Sensient Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																204.92	212.46	210.30	214.35	216.80

Competitive Comparison

For the Specialty Chemicals subindustry, Sensient Technologies'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.

Sensient Technologies Days Inventory Distribution

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

* The bar in red indicates where Sensient Technologies's Days Inventory falls into.

Sensient Technologies Days Inventory Calculation

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

Sensient Technologies'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
=	( (564.11	+	598.399)	/	2 )	/	996.153	*	365
=	581.2545					/	996.153	*	365
=	212.98

Sensient Technologies'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
=	( (587.024	+	598.399)	/	2 )	/	249.472	*	365 / 4
=	592.7115					/	249.472	*	365 / 4
=	216.80

Sensient Technologies (NYSE:SXT) 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.

Sensient Technologies's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	249.472	/	592.7115
	=	0.42

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.

Sensient Technologies's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	592.7115	/	349.302
	=	1.70

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.

Sensient Technologies Days Inventory Related Terms

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

Sensient Technologies (Sensient Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sensient Technologies Corp (NYSE:SXT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SSF:Germany

Address

777 East Wisconsin Avenue, Milwaukee, WI, USA, 53202-5304

Website

https://www.sensient.com

Sensient Technologies Corp manufactures and markets natural and synthetic colors, flavors, and other specialty ingredients. The company has a widespread network of facilities around the globe, and its customers operate across a variety of end markets. Sensient's offerings are predominantly applied to consumer-facing products, including food and beverage, cosmetics and pharmaceuticals, nutraceutical and personal care industries. The Company's principal products are flavors, flavor enhancers, ingredients, extracts, and bionutrients, essential oils, dehydrated vegetables and other food ingredients, natural and synthetic food and beverage colors and others. The company's three reportable segments were the Flavors & Extracts Group and the Color Group and, Asia Pacific Group.

Executives

E. Craig Mitchell	officer: Pres, Flavors & Fragrances Grp	777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Anstalt Winder	10 percent owner	ZOLLSTRASSE 16, SCHAAN N2 9494
Investment Anstalt Winder	10 percent owner	ZOLLSTRASSE 16, SCHAAN N2 9494
Winder Pte. Ltd.	10 percent owner	6 BATTERY ROAD #19-01A, SINGAPORE U0 049909
Cunha Kathleen Da	director	777 E. WISCONSIN AVE., SUITE 1100, MILWAUKEE WI 53202
Winder Investment Pte Ltd	10 percent owner	19-01A 6 BATTERY ROAD, SINGAPORE U0 049909
Sharad P Jain	director	777 E. WISCONSIN AVE., SUITE 1100, MILWAUKEE WI 53202
Freemont Capital Pte Ltd	10 percent owner	19-01A 6 BATTERY ROAD, SINGAPORE U0 049909
Foundation Haldor	10 percent owner	ZOLLSTRASSE 16, SCHAAN N2 9494
Essie Whitelaw	director	777 E WISCONSIN AVE, MILWAUKEE WI 53202
Elaine R Wedral	director	C/O BALCHEM CORP, P O BOX 600, NEW HAMPTON NY 10958
Paul Manning	officer: President, Color Group	777 E. WISCONSIN AVE., MILWAUKEE WI 53202
Joseph Carleone	director	3883 HOWARD HUGHES PKWY, SUITE 700, LAS VEGAS NV 89169
Carol R Jackson	director	777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Thierry Hoang	officer: VP, Asia Pacific Group	25B CHANCERY LANE, SINGAPORE U0 309515