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Hydrocarbon Dynamics (ASX:HCD) Days Inventory : 0.00 (As of Dec. 2023)


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What is Hydrocarbon Dynamics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hydrocarbon Dynamics's Average Total Inventories for the six months ended in Dec. 2023 was A$0.27 Mil. Hydrocarbon Dynamics's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

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

ASX:HCD's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 82.8
* Ranked among companies with meaningful Days Inventory only.

Hydrocarbon Dynamics's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hydrocarbon Dynamics's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. Hydrocarbon Dynamics's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.71.


Hydrocarbon Dynamics Days Inventory Historical Data

The historical data trend for Hydrocarbon Dynamics'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.

Hydrocarbon Dynamics Days Inventory Chart

Hydrocarbon Dynamics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Hydrocarbon Dynamics Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Hydrocarbon Dynamics's Days Inventory

For the Specialty Chemicals subindustry, Hydrocarbon Dynamics'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.


Hydrocarbon Dynamics's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Hydrocarbon Dynamics's Days Inventory falls into.



Hydrocarbon Dynamics Days Inventory Calculation

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

Hydrocarbon Dynamics'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
=( (0.446 + 0.262) / 2 ) / 0*365
=0.354 / 0*365
=N/A

Hydrocarbon Dynamics'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.28 + 0.262) / 2 ) / 0*365 / 2
=0.271 / 0*365 / 2
=N/A

* 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.


Hydrocarbon Dynamics  (ASX:HCD) 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.

Hydrocarbon Dynamics's Inventory Turnover for the six 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.

Hydrocarbon Dynamics's Inventory to Revenue for the six 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.


Hydrocarbon Dynamics Days Inventory Related Terms

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


Hydrocarbon Dynamics (ASX:HCD) Business Description

Traded in Other Exchanges
N/A
Address
412 Collins Street, Level 6, Melbourne, VIC, AUS, 3000
Hydrocarbon Dynamics Ltd is a provider of Oil and Gas production chemicals. It is engaged in the sales and marketing of its proprietary products as well as the evaluation of oil projects in North America and internationally. It has two operating segment Exploration division, Chemical division. The exploration division comprises the exploration, development, and production of oil and gas projects in the United states, and the Chemical division comprises clean oil technology and business (HCD) around the world.

Hydrocarbon Dynamics (ASX:HCD) Headlines

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