Hamid Fabrics (DHA:HFL) Days Inventory: 423.43 (As of Sep. 2024)

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DHA:HFL Hamid Fabrics PLC DHA:HFL
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Price BDT15.30
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What is Hamid Fabrics Days Inventory?

Hamid Fabrics DHA:HFL -0.65% 10 Days Inventory is 423.43 as of Sep. 2024. GuruFocus rates DHA:HFL with a GF Score™ of 10/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Hamid Fabrics's Average Total Inventories for the three months ended in Sep. 2024 was BDT1,148 Mil. Hamid Fabrics's Cost of Goods Sold for the three months ended in Sep. 2024 was BDT248 Mil. Hence, Hamid Fabrics's Days Inventory for the three months ended in Sep. 2024 was 423.43.

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

DHA:HFL's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 132.75
* Ranked among companies with meaningful Days Inventory only.

Hamid Fabrics's Days Inventory increased from Jun. 2023 (159.86) to Sep. 2024 (423.43). It might indicate that Hamid Fabrics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hamid Fabrics's Inventory Turnover for the three months ended in Sep. 2024 was 0.22.

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. Hamid Fabrics's Inventory-to-Revenue for the three months ended in Sep. 2024 was 4.62.


Hamid Fabrics  (DHA:HFL) 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.

Hamid Fabrics's Inventory Turnover for the three months ended in Sep. 2024 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.

Hamid Fabrics's Inventory to Revenue for the three months ended in Sep. 2024 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.


Hamid Fabrics Days Inventory Related Terms


Hamid Fabrics Days Inventory Historical Data

* Premium members only.

The historical data trend for Hamid Fabrics'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.

Hamid Fabrics Days Inventory Chart

Hamid Fabrics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.49 171.37 193.47 124.62 146.56

Hamid Fabrics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 159.86 211.60 207.15 304.78 423.43

Hamid Fabrics Days Inventory Competitor Comparison

For the Textile Manufacturing subindustry, Hamid Fabrics'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.


Hamid Fabrics Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hamid Fabrics's Days Inventory distribution charts can be found below:

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


DHA:HFL
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Hamid Fabrics PLC DHA:HFL
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Hamid Fabrics Days Inventory Calculation

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

Hamid Fabrics's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (852.189 + 992.927) / 2 ) / 2297.584*365
=922.558 / 2297.584*365
=146.56

Hamid Fabrics'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: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (938.034 + 1358.947) / 2 ) / 247.5*365 / 4
=1148.4905 / 247.5*365 / 4
=423.43

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 423.43 mean?
Hamid Fabrics (DHA:HFL) has a Days Inventory of 423.43 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hamid Fabrics and its competitors.
Is Hamid Fabrics' Days Inventory too high?
Hamid Fabrics' current Days Inventory is 423.43. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.75. Hamid Fabrics' value of 423.43 is 219% above this industry median. Overall, Hamid Fabrics has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Hamid Fabrics' Days Inventory compare to competitors?
Hamid Fabrics' Days Inventory of 423.43 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Inventory is 132.75. Hamid Fabrics' value of 423.43 is 219% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.75, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hamid Fabrics's current Days Inventory of 423.43 is 219% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hamid Fabrics and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hamid Fabrics's current Days Inventory is 423.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamid Fabrics stock overvalued right now?
Hamid Fabrics (DHA:HFL) has a current Days Inventory of 423.43. The current Days Inventory is 423.43 and 219% above the Manufacturing - Apparel & Accessories industry median of 132.75. Hamid Fabrics' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Hamid Fabrics (DHA:HFL), the current Days Inventory is 423.43 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hamid Fabrics Business Description

Address 24, Gulshan C/A, Circle-2, Hamid Tower (7th Floor), Dhaka, BGD, 1212
Hamid Fabrics PLC is a manufacturer of solid-dye fabric for the readymade garment industry. The company's product range includes cotton fabrics as well as blended fabrics such as cotton/polyester, cotton/viscose, nylon/cotton and cotton/lycra. The weaving unit produces grey fabrics in various designs and constructions such as Twill, Canvas, Oxford, Rib stop, Rib cord, Ottoman, Herringbone, and various dobby designs of different weight ranges. The finishing mix of Hamid Fabrics Limited comprises water repellent, fireproof, wrinkle-free, Teflon coating, aero finish and chintz finish. The company caters to the markets in the United States of American and the European Union.
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