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Hyzon Motors (Hyzon Motors) Total Inventories : $28.81 Mil (As of Dec. 2023)


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What is Hyzon Motors Total Inventories?

Hyzon Motors's total inventories for the quarter that ended in Dec. 2023 was $28.81 Mil. Hyzon Motors's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $35.02 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hyzon Motors's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hyzon Motors's Days Inventory for the three months ended in Dec. 2023 was 350.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hyzon Motors's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.26.

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. Hyzon Motors's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 118.72.


Hyzon Motors Total Inventories Historical Data

The historical data trend for Hyzon Motors's Total Inventories 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.

Hyzon Motors Total Inventories Chart

Hyzon Motors Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
- 20.93 35.55 28.81

Hyzon Motors Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.55 42.13 44.01 41.23 28.81

Hyzon Motors Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Hyzon Motors  (NAS:HYZN) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Hyzon Motors's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(112.28+0.75 * 0.498+0.5 * 28.811-61.135
-0--0.686)/245.081
=0.27

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

Hyzon Motors's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=35.022/9.122*365 / 4
=350.34

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Hyzon Motors's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=9.122 / 35.022
=0.26

4. 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.

Hyzon Motors's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=35.022 / 0.295
=118.72

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Hyzon Motors Total Inventories Related Terms

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Hyzon Motors (Hyzon Motors) Business Description

Traded in Other Exchanges
N/A
Address
475 Quaker Meeting House Road, Honeoye Falls, New York, NY, USA, 14472
Hyzon Motors Inc assembles and supplies hydrogen fuel cell-powered commercial vehicles across North America, Europe, China, and Australasia. In addition, it builds and fosters a clean hydrogen supply ecosystem with partners from feedstocks through production, dispensing and financing. The company intends to meet its customers' zero-emission vehicle needs by electrifying proven vehicle platforms utilizing its industry- leading fuel cell and electric propulsion technologies. It expects to deploy these technologies in various vehicle classes, including heavy-duty and medium-duty trucks and buses with the potential for future expansion into light-duty commercial vehicles, additional mobility use cases and stationary power applications.
Executives
Horizon Fuel Cell Technologies Pte Ltd 10 percent owner KAIXUAM RD 1671 RM 705, SHANGHAL CHINA 200030 F4 00000
Stephen Weiland officer: Chief Financial Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440
Matthew J. Foulston director 9900 WEST 109TH STREET, SUITE 100, OVERLAND PARK KS 66210
Andrea Farace director NORTH LODGE, WOOLLEY, WANTAGE X0 OX12 8NJ
Jinxiu Sun-lasovage officer: Chief Human Resources Officer 648 VINEWOOD AVE, BIRMINGHAM MI 48009
Bappaditya Banerjee officer: Chief Operating Officer 439 S. MONROE ST., HINSDALE IL 60521
John Milton Edgley officer: President of International Ops 69 RYANS RD, ELTHAM C3 3095
Samuel S Chong officer: Chief Financial Officer 475 QUAKER MEETING HOUSE RD., HONEOYE FALLS NY 14472
Craig Matthew Knight director, officer: Chief Executive Officer 475 QUAKER MEETING HOUSE ROAD, HONEOYE FALLS NY 14472
Patrick Michael Griffin officer: See Remarks 2415 WOODLAWN DR. NW, DOVER OH 44622
Decarbonization Plus Acquisition Corp officer: See Remarks 475 QUAKER MEETING HOUSE RD, HONEOYE FALLS NY 14472
Parker Stewart Meeks officer: Chief Strategy Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440
Shinichi Hirano officer: Chief Technology Officer 5878 SHILLINGHAM DRIVE, WEST BLOOMFIELD MI 48322
John R Zavoli officer: See Remarks 6215 FERRIS SQ, STE 140, SAN DIEGO CA 92121
Jiajia Wu officer: Chief Accounting Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440