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Honda Motor Co (BUE:HMC) Days Inventory : 51.07 (As of Sep. 2024)


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What is Honda Motor Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Honda Motor Co's Average Total Inventories for the three months ended in Sep. 2024 was ARS15,788,569 Mil. Honda Motor Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ARS28,210,935 Mil. Hence, Honda Motor Co's Days Inventory for the three months ended in Sep. 2024 was 51.07.

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

BUE:HMC' s Days Inventory Range Over the Past 10 Years
Min: 43.91   Med: 49.26   Max: 54.92
Current: 52.9

During the past 13 years, Honda Motor Co's highest Days Inventory was 54.92. The lowest was 43.91. And the median was 49.26.

BUE:HMC's Days Inventory is ranked better than
74.49% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 80.545 vs BUE:HMC: 52.90

Honda Motor Co's Days Inventory increased from Sep. 2023 (46.82) to Sep. 2024 (51.07). It might indicate that Honda Motor Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Honda Motor Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.79.

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. Honda Motor Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.44.


Honda Motor Co Days Inventory Historical Data

The historical data trend for Honda Motor Co'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.

Honda Motor Co Days Inventory Chart

Honda Motor Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.94 46.00 52.58 44.93 34.33

Honda Motor Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 46.82 49.39 37.17 55.26 51.07

Competitive Comparison of Honda Motor Co's Days Inventory

For the Auto Manufacturers subindustry, Honda Motor Co'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.


Honda Motor Co's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Honda Motor Co's Days Inventory falls into.



Honda Motor Co Days Inventory Calculation

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

Honda Motor Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (3203003.388 + 13737956.319) / 2 ) / 90069158.353*365
=8470479.8535 / 90069158.353*365
=34.33

Honda Motor Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (15178044.27 + 16399093.775) / 2 ) / 28210934.948*365 / 4
=15788569.0225 / 28210934.948*365 / 4
=51.07

* 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.


Honda Motor Co  (BUE:HMC) 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.

Honda Motor Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=28210934.948 / 15788569.0225
=1.79

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.

Honda Motor Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=15788569.0225 / 35856384.764
=0.44

* 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.


Honda Motor Co Days Inventory Related Terms

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


Honda Motor Co Business Description

Address
No. 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8556
Incorporated in 1948, Honda Motor was originally a motorcycle manufacturer. Today, the firm makes automobiles, motorcycles, and power products such as boat engines, generators, and lawnmowers. Including joint ventures, Honda sold 4.1 million light vehicles and 18.8 million motorcycles in fiscal 2024, and consolidated sales were JPY 20.4 trillion. Automobiles constitute 66% of revenue and motorcycles 16%, with the rest split between power products and financial services. Honda also makes robots and private jets.