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Methanol Chemicals Co (SAU:2001) Days Inventory : 43.73 (As of Dec. 2023)


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What is Methanol Chemicals Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Methanol Chemicals Co's Average Total Inventories for the three months ended in Dec. 2023 was ﷼104.9 Mil. Methanol Chemicals Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼218.8 Mil. Hence, Methanol Chemicals Co's Days Inventory for the three months ended in Dec. 2023 was 43.73.

The historical rank and industry rank for Methanol Chemicals Co's Days Inventory or its related term are showing as below:

SAU:2001' s Days Inventory Range Over the Past 10 Years
Min: 60.95   Med: 75.53   Max: 94.16
Current: 60.95

During the past 13 years, Methanol Chemicals Co's highest Days Inventory was 94.16. The lowest was 60.95. And the median was 75.53.

SAU:2001's Days Inventory is ranked better than
67.85% of 1493 companies
in the Chemicals industry
Industry Median: 82.59 vs SAU:2001: 60.95

Methanol Chemicals Co's Days Inventory declined from Dec. 2022 (78.94) to Dec. 2023 (43.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Methanol Chemicals Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.09.

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. Methanol Chemicals Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.61.


Methanol Chemicals Co Days Inventory Historical Data

The historical data trend for Methanol Chemicals Co'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.

Methanol Chemicals Co Days Inventory Chart

Methanol Chemicals Co 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 94.16 63.71 63.99 71.76 64.68

Methanol Chemicals Co 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 78.94 68.06 68.32 64.90 43.73

Competitive Comparison of Methanol Chemicals Co's Days Inventory

For the Chemicals subindustry, Methanol Chemicals Co'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.


Methanol Chemicals Co's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Methanol Chemicals Co's Days Inventory falls into.



Methanol Chemicals Co Days Inventory Calculation

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

Methanol Chemicals Co'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
=( (150.708 + 103.946) / 2 ) / 718.581*365
=127.327 / 718.581*365
=64.68

Methanol Chemicals Co'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
=( (105.76 + 103.946) / 2 ) / 218.804*365 / 4
=104.853 / 218.804*365 / 4
=43.73

* 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.


Methanol Chemicals Co  (SAU:2001) 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.

Methanol Chemicals Co'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.

Methanol Chemicals Co'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.


Methanol Chemicals Co Days Inventory Related Terms

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


Methanol Chemicals Co (SAU:2001) Business Description

Traded in Other Exchanges
N/A
Address
Road 218, P.O. Box 2101, Jubail Industrial City, Jubail, SAU, 31951
Methanol Chemicals Co is engaged in the production of Formaldehyde liquid and Urea Formaldehyde liquid or their mixture with different concentrations, Paraformaldehyde, liquid and powder Formaldehyde resins, Hexane Methylene Tetramine, Phenol Formaldehyde resins, concrete improvers, Methanol, Carbon monoxide, Di-methylamine, Monomethylamine, Tri-mon-methylamine, Di-methyl Formamide, Di-methyl carbon, Penta Aritheretol, Sodium Formate and Acetaldehyde.

Methanol Chemicals Co (SAU:2001) Headlines

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