Hynion AS (FRA:36R) Days Inventory : 66.36 (As of Dec. 2023)

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What is Hynion AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hynion AS's Average Total Inventories for the six months ended in Dec. 2023 was €0.08 Mil. Hynion AS's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.23 Mil. Hence, Hynion AS's Days Inventory for the six months ended in Dec. 2023 was 66.36.

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

FRA:36R' s Days Inventory Range Over the Past 10 Years
Min: 3.8 Med: 3.88 Max: 52.5
Current: 37.84

During the past 5 years, Hynion AS's highest Days Inventory was 52.50. The lowest was 3.80. And the median was 3.88.

FRA:36R's Days Inventory is ranked better than
83.64% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 109.09 vs FRA:36R: 37.84

Hynion AS's Days Inventory increased from Dec. 2022 (3.68) to Dec. 2023 (66.36). It might indicate that Hynion AS's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hynion AS's Inventory Turnover for the six months ended in Dec. 2023 was 2.75.

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. Hynion AS's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.41.

Hynion AS Days Inventory Historical Data

The historical data trend for Hynion AS'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.

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Hynion AS Days Inventory Chart

Hynion AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

4.19

4.07

52.73

Hynion AS Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			3.76	3.70	3.68	6.69	66.36

Competitive Comparison of Hynion AS's Days Inventory

For the Specialty Retail subindustry, Hynion AS'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.

Hynion AS's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hynion AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hynion AS's Days Inventory falls into.

Hynion AS Days Inventory Calculation

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

Hynion AS's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.012	+	0.155)	/	2 )	/	0.578	*	365
=	0.0835					/	0.578	*	365
=	52.73

Hynion AS'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.013	+	0.155)	/	2 )	/	0.231	*	365 / 2
=	0.084					/	0.231	*	365 / 2
=	66.36

Hynion AS (FRA:36R) 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.

Hynion AS's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.231	/	0.084
	=	2.75

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.

Hynion AS's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.084	/	0.207
	=	0.41

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.

Hynion AS Days Inventory Related Terms

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

Hynion AS (FRA:36R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hynion AS (FRA:36R) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

HYN:Norway

Address

Sandviksveien 17, P.O. box 526, Hovik, NOR, 1363

Website

https://www.hynion.com

Hynion AS is a hydrogen fuel company whose main business is to sell hydrogen fuel through hydrogen stations owned by the company. The company designs, builds, owns, and operates hydrogen fuel stations. The company has five hydrogen stations, two in Norway and three in Sweden.

Hynion AS (FRA:36R) Headlines

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