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Honda Atlas Cars Pakistan (KAR:HCAR) Days Inventory : 189.74 (As of Dec. 2023)


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What is Honda Atlas Cars Pakistan Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Honda Atlas Cars Pakistan's Average Total Inventories for the three months ended in Dec. 2023 was ₨23,705 Mil. Honda Atlas Cars Pakistan's Cost of Goods Sold for the three months ended in Dec. 2023 was ₨11,400 Mil. Hence, Honda Atlas Cars Pakistan's Days Inventory for the three months ended in Dec. 2023 was 189.74.

The historical rank and industry rank for Honda Atlas Cars Pakistan's Days Inventory or its related term are showing as below:

KAR:HCAR' s Days Inventory Range Over the Past 10 Years
Min: 34.08   Med: 52.87   Max: 147.43
Current: 147.43

During the past 13 years, Honda Atlas Cars Pakistan's highest Days Inventory was 147.43. The lowest was 34.08. And the median was 52.87.

KAR:HCAR's Days Inventory is ranked worse than
83.09% of 1254 companies
in the Vehicles & Parts industry
Industry Median: 80.76 vs KAR:HCAR: 147.43

Honda Atlas Cars Pakistan's Days Inventory increased from Dec. 2022 (113.20) to Dec. 2023 (189.74). It might indicate that Honda Atlas Cars Pakistan's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Honda Atlas Cars Pakistan's Inventory Turnover for the three months ended in Dec. 2023 was 0.48.

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. Honda Atlas Cars Pakistan's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.91.


Honda Atlas Cars Pakistan Days Inventory Historical Data

The historical data trend for Honda Atlas Cars Pakistan'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.

Honda Atlas Cars Pakistan Days Inventory Chart

Honda Atlas Cars Pakistan Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.71 72.72 66.87 62.29 74.71

Honda Atlas Cars Pakistan 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 113.20 82.69 297.14 111.35 189.74

Competitive Comparison of Honda Atlas Cars Pakistan's Days Inventory

For the Auto Manufacturers subindustry, Honda Atlas Cars Pakistan'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.


Honda Atlas Cars Pakistan's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Honda Atlas Cars Pakistan's Days Inventory distribution charts can be found below:

* The bar in red indicates where Honda Atlas Cars Pakistan's Days Inventory falls into.



Honda Atlas Cars Pakistan Days Inventory Calculation

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

Honda Atlas Cars Pakistan's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (23156.435 + 12837.134) / 2 ) / 87926.215*365
=17996.7845 / 87926.215*365
=74.71

Honda Atlas Cars Pakistan'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
=( (17648.106 + 29760.911) / 2 ) / 11400.18*365 / 4
=23704.5085 / 11400.18*365 / 4
=189.74

* 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.


Honda Atlas Cars Pakistan  (KAR:HCAR) 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.

Honda Atlas Cars Pakistan'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.

Honda Atlas Cars Pakistan's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=23704.5085 / 12426.171
=1.91

* 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.


Honda Atlas Cars Pakistan Days Inventory Related Terms

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


Honda Atlas Cars Pakistan (KAR:HCAR) Business Description

Traded in Other Exchanges
N/A
Address
1-Mcleod Road, Lahore, PB, PAK
Honda Atlas Cars Pakistan Ltd is engaged in assembling and progressive manufacturing and sale of Honda vehicles and spare parts. Its Segments include the Manufacturing and Trading segment. Manufacturing segment relates to the sale of locally manufactured cars and parts and Trading segment relates to the trading of completely built units (CBUs) and parts. It offers car models, such as Honda Accord, Honda CR-V, Honda CR-Z, Honda HR-V, and Honda City in various colors with advance technology features. Honda derives the majority of revenue through the Manufacturing segment.