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Haynes International (Haynes International) Days Inventory : 308.50 (As of Dec. 2023)


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What is Haynes International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Haynes International's Average Total Inventories for the three months ended in Dec. 2023 was $414.7 Mil. Haynes International's Cost of Goods Sold for the three months ended in Dec. 2023 was $122.6 Mil. Hence, Haynes International's Days Inventory for the three months ended in Dec. 2023 was 308.50.

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

HAYN' s Days Inventory Range Over the Past 10 Years
Min: 217.41   Med: 250.02   Max: 302.98
Current: 300.31

During the past 13 years, Haynes International's highest Days Inventory was 302.98. The lowest was 217.41. And the median was 250.02.

HAYN's Days Inventory is ranked worse than
89.68% of 2907 companies
in the Industrial Products industry
Industry Median: 119.85 vs HAYN: 300.31

Haynes International's Days Inventory declined from Dec. 2022 (311.32) to Dec. 2023 (308.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Haynes International's Inventory Turnover for the three months ended in Dec. 2023 was 0.30.

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. Haynes International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.81.


Haynes International Days Inventory Historical Data

The historical data trend for Haynes International'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.

Haynes International Days Inventory Chart

Haynes International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 228.54 274.34 302.98 287.94 293.26

Haynes International 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 311.32 294.92 313.30 288.01 308.50

Competitive Comparison of Haynes International's Days Inventory

For the Metal Fabrication subindustry, Haynes International'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.


Haynes International's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Haynes International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Haynes International's Days Inventory falls into.



Haynes International Days Inventory Calculation

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

Haynes International's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (357.556 + 414.077) / 2 ) / 480.196*365
=385.8165 / 480.196*365
=293.26

Haynes International'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
=( (414.077 + 415.227) / 2 ) / 122.649*365 / 4
=414.652 / 122.649*365 / 4
=308.50

* 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.


Haynes International  (NAS:HAYN) 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.

Haynes International'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.

Haynes International'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.


Haynes International Days Inventory Related Terms

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


Haynes International (Haynes International) Business Description

Traded in Other Exchanges
Address
1020 West Park Avenue, Kokomo, IN, USA, 46904-9013
Haynes International Inc is a producer of high-performance nickel and cobalt-based alloys. The company is focused on developing, manufacturing, marketing, and distributing technology and high-performance alloys. The company operates in a single segment: the design, manufacture, marketing, and distribution of technologically advanced, high-performance alloys for use in the aerospace, industrial gas turbine, chemical processing, and other industries Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, China, and other countries.
Executives
Lee M Pike officer: VP - Research and Technology 1020 WEST PARK AVENUE, KOKOMO IN 46904
Susan Perry officer: VP, HUMAN RESOURCES 1020 WEST PARK AVENUE, KOKOMO IN 46904
Brian R Shelton director 67 GLENMOOR DRIVE, ENGLEWOOD CO 80113
Alicia B Masse director 1020 WEST PARK AVENUE, PO BOX 9013, KOKOMO IN 46904-9013
Scott R Pinkham officer: V.P. - Manufacturing Planning 1020 WEST PARK AVENUE, KOKOMO IN 46904
Losch Marlin C Iii officer: V.P. - International Sales 14634 BEACON BOULEVARD, CARMEL IN 46032
Van Bibber David Sean officer: Controller, Chief Acctng Oficr C/O HAYNES INTERNATIONAL, INC., 1020 WEST PARK AVE., P.O. BOX 9013, KOKOMO IN 46904
Angela Kohlheim officer: General Counsel 1020 WEST PARK AVENUE, P.O. BOX 9013, KOKOMO IN 46904-9013
Venkat Ishwar officer: VP - Technology 1020 WEST PARK AVENUE, KOKOMO IN 46904
Donald C Campion director 3747 LOCH BEND DR., COMMERCE MI 48382
Michael L Shor director, officer: President and CEO CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
David L Strobel officer: VP Operations C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
Janice Catherine Wilken officer: VP-General Counsel & Secretary 1020 W. PARK AVENUE, P.O. BOX 9013, KOKOMO IN 46904-9013
Robert Getz director 830 THIRD AVENUE, 9TH FLOOR, NEW YORK NY 10022
Larry O Spencer director 2000 N M-63, BENTON HARBOR MI 49022

Haynes International (Haynes International) Headlines