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First Hydrogen (TSXV:FHYD) Days Inventory : 0.00 (As of Dec. 2023)


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What is First Hydrogen Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Hydrogen's Average Total Inventories for the three months ended in Dec. 2023 was C$0.21 Mil. First Hydrogen's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.00 Mil.

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

During the past 5 years, First Hydrogen's highest Days Inventory was 955.16. The lowest was 621.69. And the median was 788.43.

TSXV:FHYD's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 81.39
* Ranked among companies with meaningful Days Inventory only.

First Hydrogen's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. First Hydrogen's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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.


First Hydrogen Days Inventory Historical Data

The historical data trend for First Hydrogen'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.

First Hydrogen Days Inventory Chart

First Hydrogen Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
- - 621.69 - 955.16

First Hydrogen 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 - - - - -

Competitive Comparison of First Hydrogen's Days Inventory

For the Auto Manufacturers subindustry, First Hydrogen'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.


First Hydrogen's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, First Hydrogen's Days Inventory distribution charts can be found below:

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



First Hydrogen Days Inventory Calculation

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

First Hydrogen'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
=( (0.564 + 0.242) / 2 ) / 0.154*365
=0.403 / 0.154*365
=955.16

First Hydrogen'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
=( (0.211 + 0.215) / 2 ) / 0*365 / 4
=0.213 / 0*365 / 4
=N/A

* 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.


First Hydrogen  (TSXV:FHYD) 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.

First Hydrogen'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.

First Hydrogen'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.


First Hydrogen Days Inventory Related Terms

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


First Hydrogen (TSXV:FHYD) Business Description

Traded in Other Exchanges
Address
755 Burrard Street, Suite 440, Vancouver, BC, CAN, V6Z 1X6
First Hydrogen Corp is a Vancouver Canada and London UK-based company focused on zero emission vehicles, green hydrogen production, and distribution and supercritical carbon dioxide extractor systems in in UK, EU, and North America.

First Hydrogen (TSXV:FHYD) Headlines

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