Days Inventory is also known as Days Sales of Inventory (DSI). Hitachi Zosen's Average Total Inventories for the
three
months ended in Dec. 2023 was €174 Mil. Hitachi Zosen's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €721 Mil.
Hence, Hitachi Zosen's Days Inventory for the
three
months ended in Dec. 2023 was 22.09.
The historical rank and industry rank for Hitachi Zosen's Days Inventory or its related term are showing as below:
FRA:HZS'
s Days Inventory Range Over the Past 10 Years
Min: 14.11 Med: 29.11 Max: 34.48
Current: 19.92
During the past 13 years, Hitachi Zosen's highest Days Inventory was 34.48. The lowest was 14.11. And the median was 29.11.
FRA:HZS's Days Inventory is ranked better than 96.87% of 2907
companies
in the Industrial Products industry
Industry Median: 119.85
vs FRA:HZS: 19.92
Hitachi Zosen's Days Inventory
increased
from Dec. 2022 (21.12) to Dec. 2023 (22.09).
It might indicate that Hitachi Zosen's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hitachi Zosen's Inventory Turnover for the
three
months ended in Dec. 2023 was 4.13.
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.
Hitachi Zosen's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.20.
Hitachi Zosen Days Inventory Historical Data
The historical data trend for Hitachi Zosen'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.
Competitive Comparison of Hitachi Zosen's Days Inventory
For the Pollution & Treatment Controls subindustry, Hitachi Zosen'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.
Hitachi Zosen's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hitachi Zosen's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hitachi Zosen's Days Inventory falls into.
Hitachi Zosen Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hitachi Zosen's Days Inventory for the fiscal year that ended in Mar. 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.
Hitachi Zosen (FRA:HZS) 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.
Hitachi Zosen'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.
Hitachi Zosen's Inventory to Revenue for the
three
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.
Hitachi Zosen Days Inventory Related Terms
Thank you for viewing the detailed overview of Hitachi Zosen's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hitachi Zosen Corp is a Japan-based industrial and engineering company. It engaged in the business domains of Green Energy, Social Infrastructure, and disaster prevention. The Company operations are classified into four reportable segments. Environmental Systems and Industrial Plants Segment include the production of environmental protection systems, water treatment systems, desalination and potabilization plants and chemical plants. Machinery segment includes the production of marine diesel engines, boilers, SCR systems, process equipment amongst others. Infrastructure segment includes bridge construction, water gates, and shield tunneling machines. Operations in the other businesses segment include the transportation business and warehousing business.
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