Days Inventory is also known as Days Sales of Inventory (DSI). Hochtief AG's Average Total Inventories for the
three
months ended in Dec. 2023 was $385 Mil. Hochtief AG's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $6,254 Mil.
Hence, Hochtief AG's Days Inventory for the
three
months ended in Dec. 2023 was 5.62.
The historical rank and industry rank for Hochtief AG's Days Inventory or its related term are showing as below:
HOCFF'
s Days Inventory Range Over the Past 10 Years
Min: 6.28 Med: 8.11 Max: 23.94
Current: 6.28
During the past 13 years, Hochtief AG's highest Days Inventory was 23.94. The lowest was 6.28. And the median was 8.11.
HOCFF's Days Inventory is ranked better than 83.84% of 1392
companies
in the Construction industry
Industry Median: 48.6
vs HOCFF: 6.28
Hochtief AG's Days Inventory
declined
from Dec. 2022 (6.20) to Dec. 2023 (5.62).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hochtief AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 16.24.
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.
Hochtief AG's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.05.
Hochtief AG Days Inventory Historical Data
The historical data trend for Hochtief AG'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.
For the Engineering & Construction subindustry, Hochtief AG'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.
Hochtief AG Days Inventory Distribution
For the Construction industry and Industrials sector, Hochtief AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hochtief AG's Days Inventory falls into.
Hochtief AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hochtief AG's Days Inventory for the fiscal year that 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.
Hochtief AG (OTCPK:HOCFF) 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.
Hochtief AG'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.
Hochtief AG'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.
Hochtief AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Hochtief AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hochtief AG develops and constructs building and infrastructure projects. It works on complex projects in transportation, energy, urban infrastructure, and mining markets. It expands transportation networks with roads, bridges, and tunnels, or designs and constructs office buildings, hospitals, and power plants. The company leans on expertise and technical know-how in developing, financing, building, and operating in designated business areas. Also, it will partner with external groups to work on specific components of a project. Hochtief reports operating segments by regional divisions: Americas, Asia Pacific, and Europe. The Americas and the Asia Pacific account for the majority of sales and are where most of the company's assets are located.
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