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US Silica Holdings (FRA:USI) Days Inventory : 58.83 (As of Mar. 2024)


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What is US Silica Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). US Silica Holdings's Average Total Inventories for the three months ended in Mar. 2024 was €133 Mil. US Silica Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €206 Mil. Hence, US Silica Holdings's Days Inventory for the three months ended in Mar. 2024 was 58.83.

The historical rank and industry rank for US Silica Holdings's Days Inventory or its related term are showing as below:

FRA:USI' s Days Inventory Range Over the Past 10 Years
Min: 36.02   Med: 47.35   Max: 72.71
Current: 58.77

During the past 13 years, US Silica Holdings's highest Days Inventory was 72.71. The lowest was 36.02. And the median was 47.35.

FRA:USI's Days Inventory is ranked worse than
72.33% of 730 companies
in the Oil & Gas industry
Industry Median: 31.47 vs FRA:USI: 58.77

US Silica Holdings's Days Inventory increased from Mar. 2023 (46.95) to Mar. 2024 (58.83). It might indicate that US Silica Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. US Silica Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 1.55.

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. US Silica Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.44.


US Silica Holdings Days Inventory Historical Data

The historical data trend for US Silica Holdings'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.

US Silica Holdings Days Inventory Chart

US Silica Holdings 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 45.53 76.46 48.88 43.67 53.89

US Silica Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 46.95 55.51 60.98 63.50 58.83

Competitive Comparison of US Silica Holdings's Days Inventory

For the Oil & Gas Equipment & Services subindustry, US Silica Holdings'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.


US Silica Holdings's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, US Silica Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where US Silica Holdings's Days Inventory falls into.



US Silica Holdings Days Inventory Calculation

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

US Silica Holdings'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
=( (139.359 + 137.026) / 2 ) / 935.915*365
=138.1925 / 935.915*365
=53.89

US Silica Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (137.026 + 128.372) / 2 ) / 205.826*365 / 4
=132.699 / 205.826*365 / 4
=58.83

* 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.


US Silica Holdings  (FRA:USI) 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.

US Silica Holdings's Inventory Turnover for the three months ended in Mar. 2024 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.

US Silica Holdings's Inventory to Revenue for the three months ended in Mar. 2024 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.


US Silica Holdings Days Inventory Related Terms

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


US Silica Holdings (FRA:USI) Business Description

Traded in Other Exchanges
Address
24275 Katy Freeway, Suite 600, Katy, TX, USA, 77494
US Silica Holdings Inc is the supplier of sand used in the hydraulic fracturing of oil and gas wells. The company delivers sand in basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Its operating segment includes Oil and Gas Proppants and Industrial and Specialty Products. The company generates maximum revenue from the Oil and Gas Proppants segment.

US Silica Holdings (FRA:USI) Headlines

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