Ashland Global Holdings Inc

NYSE ASH

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Ashland Global Holdings Inc Days Inventory Outstanding (DIO) 3 year CAGR for the quarter ending March 31, 2024: 0.17%

Ashland Global Holdings Inc Days Inventory Outstanding (DIO) 3 year CAGR is 0.17% for the quarter ending March 31, 2024, a -97.49% change year over year. The days inventory outstanding ratio measures the average number of days it takes for a company to sell its inventory. It is calculated by dividing inventory by the cost of revenue and then multiplying by 365. This ratio indicates the average number of days inventory is held before being sold. A lower number of days suggests faster inventory turnover and efficient inventory management. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Ashland Global Holdings Inc Days Inventory Outstanding (DIO) for the quarter ending March 31, 2023 was 656.28, a 20.50% change year over year.
  • Ashland Global Holdings Inc Days Inventory Outstanding (DIO) for the quarter ending March 31, 2022 was 544.65, a 18.62% change year over year.
  • Ashland Global Holdings Inc Days Inventory Outstanding (DIO) for the quarter ending March 31, 2021 was 459.16, a -14.97% change year over year.
  • Ashland Global Holdings Inc Days Inventory Outstanding (DIO) for the quarter ending March 31, 2020 was 539.99, a 15.83% change year over year.
NYSE: ASH

Ashland Global Holdings Inc

CEO Mr. Guillermo Novo
IPO Date April 6, 1983
Location United States
Headquarters 8145 Blazer Drive, Wilmington, DE, United States, 19808
Employees 3,800
Sector Basic Materials
Industry Specialty chemicals
Description

Ashland Inc. provides additives and specialty ingredients in the North and Latin America, Europe, Asia Pacific, and internationally. It operates through Life Sciences, Personal Care, Specialty Additives, and Intermediates segments. The Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and tablet binders; nutrition solutions, such as thickeners, stabilizers, emulsifiers, and additives; and nutraceutical solutions comprising products for weight management, joint comfort, stomach and intestinal health, sports nutrition, and general wellness, as well as custom formulation, toll processing, and particle engineering solutions. Its Personal Care segment provides a range of nature-based, biodegradable, and performance ingredients; solutions for toothpastes, mouth washes and rinses, denture cleaning, and care for teeth; and household supplies nature-derived rheology ingredients, biodegradable surface wetting agents, performance encapsulates, and specialty polymers. The Specialty Additives segment offers rheology modifiers, foam control agents, surfactants and wetting agents, pH neutralizers, advanced ceramics used in catalytic converters, environmental filters, ingredients for the manufacturing of ceramic capacitors, plasma display panels and solar cells, ingredients for textile printing, thermoplastic metals, and alloys for welding. Its Intermediates segment produces 1,4 butanediol and related derivatives, including n-methylpyrrolidone. It offers its products to customers in a range of consumer and industrial markets, such as architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical. The company was formerly known as Ashland Global Holdings Inc. and changed its name to Ashland Inc. in August 2022. Ashland Inc. was founded in 1924 and is headquartered in Wilmington, Delaware.

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September 19, 2024

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