BOC Kenya (NAI:BOC) Days Inventory : 97.91 (As of Dec. 2022)

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What is BOC Kenya Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BOC Kenya's Average Total Inventories for the six months ended in Dec. 2022 was KES205 Mil. BOC Kenya's Cost of Goods Sold for the six months ended in Dec. 2022 was KES763 Mil. Hence, BOC Kenya's Days Inventory for the six months ended in Dec. 2022 was 48.95.

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

NAI:BOC' s Days Inventory Range Over the Past 10 Years
Min: 81.43 Med: 105.71 Max: 118.21
Current: 97.91

During the past 11 years, BOC Kenya's highest Days Inventory was 118.21. The lowest was 81.43. And the median was 105.71.

NAI:BOC's Days Inventory is ranked worse than
59.85% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs NAI:BOC: 97.91

BOC Kenya's Days Inventory increased from Dec. 2020 (93.19) to Dec. 2022 (97.91). It might indicate that BOC Kenya's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. BOC Kenya's Inventory Turnover for the six months ended in Dec. 2022 was 3.73.

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. BOC Kenya's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.16.

BOC Kenya Days Inventory Historical Data

The historical data trend for BOC Kenya'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.

BOC Kenya Days Inventory Chart

BOC Kenya Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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113.89

106.00

93.19

81.43

97.91

BOC Kenya Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Inventory	Get a 7-Day Free Trial						113.89	106.00	93.19	81.43	97.91

Competitive Comparison of BOC Kenya's Days Inventory

For the Chemicals subindustry, BOC Kenya'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.

BOC Kenya's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where BOC Kenya's Days Inventory falls into.

BOC Kenya Days Inventory Calculation

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

BOC Kenya's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (206.705	+	202.687)	/	2 )	/	763.096	*	365
=	204.696					/	763.096	*	365
=	97.91

BOC Kenya's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (206.705	+	202.687)	/	2 )	/	763.096	*	365 / 2
=	204.696					/	763.096	*	365 / 2
=	48.95

BOC Kenya (NAI:BOC) 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.

BOC Kenya's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	763.096	/	204.696
	=	3.73

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.

BOC Kenya's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	204.696	/	1287.25
	=	0.16

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.

BOC Kenya Days Inventory Related Terms

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

BOC Kenya (NAI:BOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » BOC Kenya PLC (NAI:BOC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kitui Road, Off Kampala Road, P.O. Box 18010, Industrial Area, Nairobi, KEN, 00500

Website

https://www.boc.co.ke

BOC Kenya PLC is engaged in the manufacture and sale of industrial gases, medical gases, and welding products. The company's segment based on regions consists of Kenya, Tanzania, and Uganda. Its product range consists of Bulk gases, Packaged gases, and Engineering services. Bulk gases include liquid oxygen and liquid nitrogen. Packaged gases comprise medical gases, industrial gases, and special gas mixtures, and liquefied petroleum gas. The engineering services include supplies of medical equipment, construction of medical and other gas pipelines, liquefied petroleum gas installations, tanks and pipelines, industrial gas storage and pipeline installations, and related maintenance services. The company generates majority of its revenue from the sale of medical and industrial gases.