Haydale Graphene Industries (Haydale Graphene Industries) Inventory Turnover : 0.64 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Haydale Graphene Industries Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Haydale Graphene Industries's Cost of Goods Sold for the six months ended in Dec. 2023 was $1.34 Mil. Haydale Graphene Industries's Average Total Inventories for the quarter that ended in Dec. 2023 was $2.11 Mil. Haydale Graphene Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Haydale Graphene Industries's Days Inventory for the six months ended in Dec. 2023 was 286.74.

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. Haydale Graphene Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.68.

Haydale Graphene Industries Inventory Turnover Historical Data

The historical data trend for Haydale Graphene Industries's Inventory Turnover 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.

Haydale Graphene Industries Inventory Turnover Chart

Haydale Graphene Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

Get a 7-Day Free Trial

1.57

0.61

0.65

0.76

1.19

Haydale Graphene Industries Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.42	0.39	0.48	0.58	0.64

Haydale Graphene Industries Inventory Turnover Calculation

Haydale Graphene Industries's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	2.413	/ (	(1.866	+	2.188)	/	2 )
=	2.413	/	2.027
=	1.19

Haydale Graphene Industries's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1.342	/ (	(2.188	+	2.029)	/	2 )
=	1.342	/	2.1085
=	0.64

Haydale Graphene Industries (OTCPK:HDGHF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Haydale Graphene Industries's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	2.1085	/	1.342	*	365 / 2
	=	286.74

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.

Haydale Graphene Industries's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2.1085	/	3.122
	=	0.68

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Haydale Graphene Industries Inventory Turnover Related Terms

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

Haydale Graphene Industries (Haydale Graphene Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Haydale Graphene Industries PLC (OTCPK:HDGHF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

HAYD:UK 6HG:Germany

Address

Clos Fferws, Parc Hendre, Capel Hendre, Ammanford, Carmarthenshire, GBR, SA18 3BL

Website

http://www.haydale.com

Haydale Graphene Industries PLC is a UK based company engaged in the research and development, manufacturing, and sale of surface functionalized graphene products. Its geographical segments include UK and Europe; North America and Asia Pacific. The company derives a majority of its revenue from North America. The North America segment focuses on SiC and blank products for tooling. The company's products are used in Aerospace; Automotive; Electronics; Health; Energy Sector and other industries.

Haydale Graphene Industries (Haydale Graphene Industries) Headlines

No Headlines