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Industrial Capital Holding AD (XBUL:HIKA) Days Inventory : 65.36 (As of Sep. 2023)


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What is Industrial Capital Holding AD Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Industrial Capital Holding AD's Average Total Inventories for the three months ended in Sep. 2023 was лв53.6 Mil. Industrial Capital Holding AD's Cost of Goods Sold for the three months ended in Sep. 2023 was лв74.9 Mil. Hence, Industrial Capital Holding AD's Days Inventory for the three months ended in Sep. 2023 was 65.36.

The historical rank and industry rank for Industrial Capital Holding AD's Days Inventory or its related term are showing as below:

XBUL:HIKA' s Days Inventory Range Over the Past 10 Years
Min: 50.8   Med: 56.93   Max: 73.68
Current: 62.91

During the past 13 years, Industrial Capital Holding AD's highest Days Inventory was 73.68. The lowest was 50.80. And the median was 56.93.

XBUL:HIKA's Days Inventory is ranked worse than
52.31% of 216 companies
in the Capital Markets industry
Industry Median: 60.24 vs XBUL:HIKA: 62.91

Industrial Capital Holding AD's Days Inventory increased from Sep. 2022 (55.90) to Sep. 2023 (65.36). It might indicate that Industrial Capital Holding AD's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Industrial Capital Holding AD's Inventory Turnover for the three months ended in Sep. 2023 was 1.40.

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. Industrial Capital Holding AD's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.53.


Industrial Capital Holding AD Days Inventory Historical Data

The historical data trend for Industrial Capital Holding AD'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.

Industrial Capital Holding AD Days Inventory Chart

Industrial Capital Holding AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.96 57.16 64.28 52.85 53.81

Industrial Capital Holding AD Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 55.90 59.64 60.86 69.29 65.36

Competitive Comparison of Industrial Capital Holding AD's Days Inventory

For the Capital Markets subindustry, Industrial Capital Holding AD'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.


Industrial Capital Holding AD's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Industrial Capital Holding AD's Days Inventory distribution charts can be found below:

* The bar in red indicates where Industrial Capital Holding AD's Days Inventory falls into.



Industrial Capital Holding AD Days Inventory Calculation

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

Industrial Capital Holding AD'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
=( (39.364 + 49.756) / 2 ) / 302.247*365
=44.56 / 302.247*365
=53.81

Industrial Capital Holding AD's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (56.248 + 51.009) / 2 ) / 74.868*365 / 4
=53.6285 / 74.868*365 / 4
=65.36

* 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.


Industrial Capital Holding AD  (XBUL:HIKA) 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.

Industrial Capital Holding AD's Inventory Turnover for the three months ended in Sep. 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.

Industrial Capital Holding AD's Inventory to Revenue for the three months ended in Sep. 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.


Industrial Capital Holding AD Days Inventory Related Terms

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


Industrial Capital Holding AD (XBUL:HIKA) Business Description

Traded in Other Exchanges
N/A
Address
8, Bacho Kiro str, Sofia, BGR, 1000
Industrial Capital Holding AD is a Bulgaria-based holding company engaged in the evaluation, acquisition, management, and sale of shares in Bulgarian and foreign companies.

Industrial Capital Holding AD (XBUL:HIKA) Headlines

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