Hills (ASX:HIL) Days Inventory : 62.25 (As of Dec. 2022)

View and export this data going back to 1962. Start your Free Trial

What is Hills Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hills's Average Total Inventories for the six months ended in Dec. 2022 was A$4.09 Mil. Hills's Cost of Goods Sold for the six months ended in Dec. 2022 was A$12.00 Mil. Hence, Hills's Days Inventory for the six months ended in Dec. 2022 was 62.25.

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

ASX:HIL's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 28.965
* Ranked among companies with meaningful Days Inventory only.

Hills's Days Inventory declined from Dec. 2021 (62.45) to Dec. 2022 (62.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hills's Inventory Turnover for the six months ended in Dec. 2022 was 2.93.

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. Hills's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.18.

Hills Days Inventory Historical Data

The historical data trend for Hills'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.

Hills Days Inventory Chart

Hills Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Days Inventory

Get a 7-Day Free Trial

89.23

85.22

78.94

67.82

196.20

Hills Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Days Inventory	Get a 7-Day Free Trial															65.12	65.92	62.45	-	62.25

Competitive Comparison of Hills's Days Inventory

For the Security & Protection Services subindustry, Hills'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.

Hills's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hills's Days Inventory distribution charts can be found below:

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

Hills Days Inventory Calculation

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

Hills's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

	Days Inventory (A: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2021 )	+	Total Inventories (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (22.001	+	3.153)	/	2 )	/	23.398	*	365
=	12.577					/	23.398	*	365
=	196.20

Hills's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (3.153	+	5.031)	/	2 )	/	11.997	*	365 / 2
=	4.092					/	11.997	*	365 / 2
=	62.25

Hills (ASX:HIL) 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.

Hills's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11.997	/	4.092
	=	2.93

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.

Hills's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.092	/	22.499
	=	0.18

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.

Hills Days Inventory Related Terms

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

Hills (ASX:HIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hills Ltd (ASX:HIL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-29 Birnie Avenue, Unit 1, Building F, Lidcombe, NSW, AUS, 2141

Website

https://www.hills.com.au

Hills Ltd provides technology products and service solutions. Its segments include Hills Health Solutions and Hills Distribution. Hills Health Solutions is engaged in the design, supply, and installation of health technology solutions, nurse call and patient engagement, and other related solutions including security, Wi-Fi, and telephony into the health and aged care sectors. Hills Distribution is engaged in providing a diverse range of products and solutions to assist customers, support end-users within the Satellite, Security, Surveillance, and IT markets. The company earns the majority of its revenue from the Hills Distribution segment. Geographically, the company operates in Australia and New Zealand.