GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Houghton Mifflin Harcourt Co (NAS:HMHC) » Definitions » Days Inventory

Houghton Mifflin Harcourt Co (Houghton Mifflin Harcourt Co) Days Inventory : 102.45 (As of Dec. 2021)


View and export this data going back to 2012. Start your Free Trial

What is Houghton Mifflin Harcourt Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Houghton Mifflin Harcourt Co's Average Total Inventories for the three months ended in Dec. 2021 was $107 Mil. Houghton Mifflin Harcourt Co's Cost of Goods Sold for the three months ended in Dec. 2021 was $95 Mil. Hence, Houghton Mifflin Harcourt Co's Days Inventory for the three months ended in Dec. 2021 was 102.45.

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

HMHC's Days Inventory is not ranked *
in the Education industry.
Industry Median: 8.645
* Ranked among companies with meaningful Days Inventory only.

Houghton Mifflin Harcourt Co's Days Inventory declined from Dec. 2020 (153.13) to Dec. 2021 (102.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Houghton Mifflin Harcourt Co's Inventory Turnover for the three months ended in Dec. 2021 was 0.89.

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. Houghton Mifflin Harcourt Co's Inventory-to-Revenue for the three months ended in Dec. 2021 was 0.60.


Houghton Mifflin Harcourt Co Days Inventory Historical Data

The historical data trend for Houghton Mifflin Harcourt 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.

Houghton Mifflin Harcourt Co Days Inventory Chart

Houghton Mifflin Harcourt Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.72 84.25 100.73 128.02 92.66

Houghton Mifflin Harcourt Co Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 153.13 169.78 95.45 60.20 102.45

Competitive Comparison of Houghton Mifflin Harcourt Co's Days Inventory

For the Education & Training Services subindustry, Houghton Mifflin Harcourt 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.


Houghton Mifflin Harcourt Co's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Houghton Mifflin Harcourt Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Houghton Mifflin Harcourt Co's Days Inventory falls into.



Houghton Mifflin Harcourt Co Days Inventory Calculation

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

Houghton Mifflin Harcourt Co's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (145.553 + 117.469) / 2 ) / 518.015*365
=131.511 / 518.015*365
=92.66

Houghton Mifflin Harcourt Co's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

Days Inventory (Q: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Dec. 2021 )) / count ) / Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=( (96.471 + 117.469) / 2 ) / 95.277*365 / 4
=106.97 / 95.277*365 / 4
=102.45

* 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.


Houghton Mifflin Harcourt Co  (NAS:HMHC) 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.

Houghton Mifflin Harcourt Co's Inventory Turnover for the three months ended in Dec. 2021 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.

Houghton Mifflin Harcourt Co's Inventory to Revenue for the three months ended in Dec. 2021 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.


Houghton Mifflin Harcourt Co Days Inventory Related Terms

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


Houghton Mifflin Harcourt Co (Houghton Mifflin Harcourt Co) Business Description

Traded in Other Exchanges
N/A
Address
125 High Street, Boston, MA, USA, 02110
Houghton Mifflin Harcourt Co is a learning company committed to delivering integrated solutions that engage learners, empower educators and improve student outcomes. The company operates in two segments, Education and HMH Books & Media. The Education segment provides educational products, technology platforms, and services, including print and digital content in the form of textbooks, digital courseware, instructional aids, educational assessment and intervention solutions for students. The HMH Books & Media segment develops, markets and sells consumer books in print and digital formats as well as licenses book rights & electronic businesses. This segment distributes products through retail stores comprising physical and online & wholesalers.
Executives
Michael Dolan officer: See remarks. C/O HOUGHTON MIFFLIN HARCOURT CO. 222 BERKELEY STREET BOSTON MA 02116
Michael Edmund Evans officer: EVP & Chief Revenue Officer C/O HOUGHTON MIFFLIN HARCOURT CO. 125 HIGH STREET BOSTON MA 02110
Matthew M. Fields officer: See remarks C/O HMH; 125 HIGH STREET BOSTON MA 02110
Alejandro Reyes officer: See remarks C/O HMH; 125 HIGH STREET BOSTON MA 02110
James P. Oneill officer: See remarks C/O HMH; 125 HIGH STREET BOSTON MA 02110
Amy Dunkin officer: See Remarks C/O HMH; 125 HIGH STREET BOSTON MA 02110
Abbott Joseph Patrick Jr. officer: See Remarks. C/O HMH; 222 BERKELEY STREET BOSTON MA 02116
William Frederick Bayers officer: See remarks. C/O HMH; 222 BERKELY STREET BOSTON MA 02116
Lynch John J Jr officer: See remarks C/O HMH; 125 HIGH STREET BOSTON MA 02110
Jean-claude Brizard director C/O HOUGHTON MIFFLIN HARCOURT COMPANY 125 HIGH STREET BOSTON MA 02110
Anchorage Capital Group, L.l.c. 10 percent owner 610 BROADWAY, 6TH FLOOR, NEW YORK NY 10012
Anchorage Capital Master Offshore, Ltd 10 percent owner 610 BROADWAY, 6TH FLOOR, NEW YORK NY 10012
Kevin Michael Ulrich 10 percent owner 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Anchorage Advisors Management, Llc 10 percent owner 610 BROADWAY, 6TH FLOOR, NEW YORK NY 10012
Daniel M. Allen director C/O HMH; 125 HIGH STREET BOSTON MA 02110

Houghton Mifflin Harcourt Co (Houghton Mifflin Harcourt Co) Headlines

From GuruFocus