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SunCoke Energy (SunCoke Energy) Days Inventory : 40.07 (As of Dec. 2023)


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What is SunCoke Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SunCoke Energy's Average Total Inventories for the three months ended in Dec. 2023 was $195 Mil. SunCoke Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $443 Mil. Hence, SunCoke Energy's Days Inventory for the three months ended in Dec. 2023 was 40.07.

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

SXC' s Days Inventory Range Over the Past 10 Years
Min: 34.36   Med: 39.31   Max: 47.64
Current: 42.32

During the past 13 years, SunCoke Energy's highest Days Inventory was 47.64. The lowest was 34.36. And the median was 39.31.

SXC's Days Inventory is ranked better than
80.66% of 574 companies
in the Steel industry
Industry Median: 85.62 vs SXC: 42.32

SunCoke Energy's Days Inventory increased from Dec. 2022 (39.26) to Dec. 2023 (40.07). It might indicate that SunCoke Energy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SunCoke Energy's Inventory Turnover for the three months ended in Dec. 2023 was 2.28.

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. SunCoke Energy's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.37.


SunCoke Energy Days Inventory Historical Data

The historical data trend for SunCoke Energy'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.

SunCoke Energy Days Inventory Chart

SunCoke Energy 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 36.77 47.64 41.37 34.36 37.86

SunCoke Energy 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 39.26 46.53 44.81 42.60 40.07

Competitive Comparison of SunCoke Energy's Days Inventory

For the Coking Coal subindustry, SunCoke Energy'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.


SunCoke Energy's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SunCoke Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where SunCoke Energy's Days Inventory falls into.



SunCoke Energy Days Inventory Calculation

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

SunCoke Energy'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
=( (175.2 + 182.6) / 2 ) / 1724.6*365
=178.9 / 1724.6*365
=37.86

SunCoke Energy'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
=( (206.8 + 182.6) / 2 ) / 443.4*365 / 4
=194.7 / 443.4*365 / 4
=40.07

* 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.


SunCoke Energy  (NYSE:SXC) 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.

SunCoke Energy'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.

SunCoke Energy'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.


SunCoke Energy Days Inventory Related Terms

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


SunCoke Energy (SunCoke Energy) Business Description

Traded in Other Exchanges
Address
1011 Warrenville Road, Suite 600, Lisle, IL, USA, 60532
SunCoke Energy Inc operates as an independent producer of coke in the Americas. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing-based customers.
Executives
Phillip Michael Hardesty officer: Senior Vice President SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Andrei Alexander Mikhalevsky director 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Michael Ward Lewis director 2551 GLEN EAGLES DRIVE, OLYMPIA FIELDS IL 60461
Della Ratta Ralph M Jr director 1690 CHAGRIN RIVER ROAD, GATES MILLS OH 44040
Arthur F Anton director 29500 SOLON ROAD, SOLON OH 44139
Martha Z. Carnes director 6316 WINDFERN ROAD, HOUSTON TX 77040
Mark W. Marinko officer: SR VP, Chief Financial Officer C/O GREAT LAKES DREDGE & DOCK CORP., 2122 YORK ROAD, SUITE 200, OAK BROOK IL 60523
Katherine T Gates officer: Sr VP & General Counsel 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Bonnie M Edeus officer: Vice President & Controller 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
James E Sweetnam director DANA HOLDING CORPORATION, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
John W Rowe director
John F Quanci officer: Vice President, Technology and 1011 WARRENVILLE ROAD STE 600, LISLE IL 60532
Michael G Rippey director, officer: President and CEO C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., HIGHLAND HILLS OH 44122
Susan R. Landahl director 24545 S. MOORMAN AVENUE, CHANNAHON IL 60410
Mangrove Partners Fund (cayman), Ltd. 10 percent owner MAPLES CORP. SVCS, PO BOX 309, UGLAND HOUSE, S. CHURCH STREET, GEORGE TOWN E9 KY1-1104