Heritage-Crystal Clean (Heritage-Crystal Clean) Days Inventory

: 29.40 (As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Heritage-Crystal Clean's Average Total Inventories for the three months ended in Jun. 2023 was $47.2 Mil. Heritage-Crystal Clean's Cost of Goods Sold for the three months ended in Jun. 2023 was $146.4 Mil. Hence, Heritage-Crystal Clean's Days Inventory for the three months ended in Jun. 2023 was 29.40.

The historical rank and industry rank for Heritage-Crystal Clean's Days Inventory or its related term are showing as below:

HCCI' s Days Inventory Range Over the Past 10 Years
Min: 25.83 Med: 30.87 Max: 42.42
Current: 27.07

During the past 13 years, Heritage-Crystal Clean's highest Days Inventory was 42.42. The lowest was 25.83. And the median was 30.87.

HCCI's Days Inventory is not ranked
in the Waste Management industry.
Industry Median: 23.54 vs HCCI: 27.07

Heritage-Crystal Clean's Days Inventory increased from Jun. 2022 (28.93) to Jun. 2023 (29.40). It might indicate that Heritage-Crystal Clean's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Heritage-Crystal Clean's Inventory Turnover for the three months ended in Jun. 2023 was 3.10.

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. Heritage-Crystal Clean's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.25.

Heritage-Crystal Clean Days Inventory Historical Data

The historical data trend for Heritage-Crystal Clean'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.

Heritage-Crystal Clean Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

30.89

32.59

30.84

28.20

25.83

Heritage-Crystal Clean Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Inventory	Get a 7-Day Free Trial															28.93	31.45	21.60	28.67	29.40

Competitive Comparison

For the Waste Management subindustry, Heritage-Crystal Clean'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.

Heritage-Crystal Clean Days Inventory Distribution

For the Waste Management industry and Industrials sector, Heritage-Crystal Clean's Days Inventory distribution charts can be found below:

* The bar in red indicates where Heritage-Crystal Clean's Days Inventory falls into.

Heritage-Crystal Clean Days Inventory Calculation

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

Heritage-Crystal Clean's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (29.536	+	40.727)	/	2 )	/	496.433	*	365
=	35.1315					/	496.433	*	365
=	25.83

Heritage-Crystal Clean's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (47.294	+	47.024)	/	2 )	/	146.387	*	365 / 4
=	47.159					/	146.387	*	365 / 4
=	29.40

Heritage-Crystal Clean (NAS:HCCI) 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.

Heritage-Crystal Clean's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	146.387	/	47.159
	=	3.10

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.

Heritage-Crystal Clean's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	47.159	/	192.166
	=	0.25

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.

Heritage-Crystal Clean Days Inventory Related Terms

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

Heritage-Crystal Clean (Heritage-Crystal Clean) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Heritage-Crystal Clean Inc (NAS:HCCI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2000 Center Drive, Suite East C300, Hoffman Estates, IL, USA, 60123

Website

https://www.crystal-clean.com

Heritage-Crystal Clean In provides full-service parts cleaning, hazardous and non-hazardous bulk and containerized waste management, used oil collection, re-refining and lubricating base oil product sales, wastewater vacuum services, antifreeze collection, recycling and product sales, industrial and field services, and emergency and spill response services. It operates in two segments, Environmental Services, and Oil Business. The Environmental Services segment offers parts cleaning, containerized waste management, vacuum truck, and antifreeze recycling services, and the Oil Business segment collects used oil and sells recycled fuel oil, as well as engages in the re-refining of used oil into lubricant base oil and by-products.

Executives

Thompson Mary Patricia B	director	651 S. STRATFORD DRIVE, SUITE 100, MERIDIAN ID 83642
Willmschen Robert W Jr	director	C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Fehsenfeld Fred M Jr	director	2780 WATERFRONT PARKWAY E. DRIVE,, SUITE 200, INDIANAPOLIS IN 46214
Carmine Falcone	director	C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Brian Recatto	director	117 THIBODEAUX DRIVE, LAFAYETTE LA 70503
Anthony R Chase	director	10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
Ellie Bruce	officer: VP Sales & Oil	C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Mark Devita	officer: Chief Financial Officer	C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD. SIOTE 375, ELGIN IL 60123
John Lucks	officer: Senior VP Sales & Marketing	C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Schumacher Paul James Jr.	director	10521 HUSSEY LANE, CARMEL IN 46032
Tom Hillstrom	officer: VP of Operations	C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Gregory Ray	officer: COO	C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Joseph Chalhoub	director, officer: President and CEO	C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Charles E Schalliol	director	300 NORTH MERIDIAN STREET, SUITE 950, INDIANAPOLIS IN 46204
Group Heritage	10 percent owner	5400 WEST 86TH STREET, P. O. BOX 68123, INDIANAPOLIS IN 46268