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Hawkins (Hawkins) Days Inventory : 37.68 (As of Dec. 2023)


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What is Hawkins Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hawkins's Average Total Inventories for the three months ended in Dec. 2023 was $68.7 Mil. Hawkins's Cost of Goods Sold for the three months ended in Dec. 2023 was $166.2 Mil. Hence, Hawkins's Days Inventory for the three months ended in Dec. 2023 was 37.68.

The historical rank and industry rank for Hawkins's Days Inventory or its related term are showing as below:

HWKN' s Days Inventory Range Over the Past 10 Years
Min: 34.63   Med: 46.26   Max: 48.52
Current: 39.89

During the past 13 years, Hawkins's highest Days Inventory was 48.52. The lowest was 34.63. And the median was 46.26.

HWKN's Days Inventory is ranked better than
84.4% of 1494 companies
in the Chemicals industry
Industry Median: 83.765 vs HWKN: 39.89

Hawkins's Days Inventory declined from Dec. 2022 (53.53) to Dec. 2023 (37.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hawkins's Inventory Turnover for the three months ended in Dec. 2023 was 2.42.

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. Hawkins's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.33.


Hawkins Days Inventory Historical Data

The historical data trend for Hawkins'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.

Hawkins Days Inventory Chart

Hawkins 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 47.65 47.74 45.63 46.16 43.56

Hawkins 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 53.53 45.14 37.97 36.33 37.68

Competitive Comparison of Hawkins's Days Inventory

For the Specialty Chemicals subindustry, Hawkins'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.


Hawkins's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hawkins's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hawkins's Days Inventory falls into.



Hawkins Days Inventory Calculation

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

Hawkins'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
=( (94.985 + 88.777) / 2 ) / 769.979*365
=91.881 / 769.979*365
=43.56

Hawkins'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
=( (68.5 + 68.805) / 2 ) / 166.248*365 / 4
=68.6525 / 166.248*365 / 4
=37.68

* 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.


Hawkins  (NAS:HWKN) 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.

Hawkins'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.

Hawkins'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.


Hawkins Days Inventory Related Terms

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


Hawkins (Hawkins) Business Description

Traded in Other Exchanges
Address
2381 Rosegate, Roseville, MN, USA, 55113
Hawkins Inc manufactures and sells a variety of chemicals and ingredients. The firm organizes itself into three segments based on the product type. The industrial segment, which generates the majority of revenue, sells private label bleach, caustic soda, sulfuric acid, hydrochloric acid, phosphoric acid, potassium hydroxide, and aqua ammonia. The water treatment segment sells chemicals and equipment used to treat potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool water. The health and nutrition segment sells ingredients to food, beverage, personal care, and dietary supplement producers. The vast majority of revenue comes from the United States.
Executives
Jeffrey P. Oldenkamp officer: CFO, VP and Treasurer 14000 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
Jeffrey E Spethmann director P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
David J. Mangine officer: VP - Industrial Group 2381 ROSEGATE, ROSEVILLE MN 55113
Yi Tang director 2381 ROSEGATE, ROSEVILLE MN 55113
Theresa R Moran officer: VP - Quality & Support 3100 EAST HENNEPIN AVENUE, MINNEAPOLIS MN 55413
Douglas A. Lange officer: Vice President 2381 ROSEGATE, ROSEVILLE MN 55113
Shirley A. Rozeboom officer: VP Health and Nutrition 2381 ROSEGATE, ROSEVILLE MN 55113
Daniel J Stauber director 2381 ROSEGATE, ROSEVILLE MN 55113
Drew M. Grahek officer: Vice President of Operations 2381 ROSEGATE, ROSEVILLE MN 55113
Patrick H. Hawkins officer: President 3100 EAST HENNEPIN AVENUE, MINNEAPOLIS MN 55413
Jeffrey L Wright director
Matthews Steven D Ii officer: VP of Operations 3100 E HENNEPIN AVENUE, MINNEAPOLIS MN 55413
Mary J. Schumacher director 3735 ISLAND VIEW CIRCLE, PRIOR LAKE MN 55372
Richard G Erstad officer: VP, General Counsel & Sec 1300 NICOLLET MALL, SUITE 5003, MINNEAPOLIS MN 55403
John R Sevenich officer: Vice President, Industrial 3100 EAST HENNEPIN AVENUE, MINNEAPOLIS MN 55413