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Creta Plastics (ATH:PLAKR) Days Inventory : 122.31 (As of Dec. 2023)


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What is Creta Plastics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Creta Plastics's Average Total Inventories for the six months ended in Dec. 2023 was €89.5 Mil. Creta Plastics's Cost of Goods Sold for the six months ended in Dec. 2023 was €133.5 Mil. Hence, Creta Plastics's Days Inventory for the six months ended in Dec. 2023 was 122.31.

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

ATH:PLAKR' s Days Inventory Range Over the Past 10 Years
Min: 88.31   Med: 100.3   Max: 120.08
Current: 119.18

During the past 13 years, Creta Plastics's highest Days Inventory was 120.08. The lowest was 88.31. And the median was 100.30.

ATH:PLAKR's Days Inventory is ranked worse than
70.95% of 1494 companies
in the Chemicals industry
Industry Median: 82.18 vs ATH:PLAKR: 119.18

Creta Plastics's Days Inventory declined from Dec. 2022 (127.65) to Dec. 2023 (122.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. Creta Plastics's Inventory Turnover for the six months ended in Dec. 2023 was 1.49.

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. Creta Plastics's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.51.


Creta Plastics Days Inventory Historical Data

The historical data trend for Creta Plastics'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.

Creta Plastics Days Inventory Chart

Creta Plastics 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 100.65 101.13 99.95 107.90 120.08

Creta Plastics Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 105.30 115.96 127.65 115.55 122.31

Competitive Comparison of Creta Plastics's Days Inventory

For the Specialty Chemicals subindustry, Creta Plastics'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.


Creta Plastics's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Creta Plastics's Days Inventory falls into.



Creta Plastics Days Inventory Calculation

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

Creta Plastics'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
=( (98.225 + 87.931) / 2 ) / 282.918*365
=93.078 / 282.918*365
=120.08

Creta Plastics'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (90.991 + 87.931) / 2 ) / 133.49*365 / 2
=89.461 / 133.49*365 / 2
=122.31

* 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.


Creta Plastics  (ATH:PLAKR) 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.

Creta Plastics's Inventory Turnover for the six 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.

Creta Plastics's Inventory to Revenue for the six 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.


Creta Plastics Days Inventory Related Terms

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


Creta Plastics (ATH:PLAKR) Business Description

Traded in Other Exchanges
N/A
Address
P.O.Box 1093, Crete, Iraklion, GRC, 71001
Creta Plastics SA is a European producer of masterbatches and agricultural films. The company is serving with its products the plastics industry, the horticultural & agricultural markets as well as projects related to water-management & environment protection. The company specializes in the production of Kritilen, Kritifil, Kritiflex, Kritisol, Kritisan And Kritires.

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