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Hexpol AB (FRA:4QT1) Days Inventory : 52.18 (As of Sep. 2024)


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What is Hexpol AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hexpol AB's Average Total Inventories for the three months ended in Sep. 2024 was €196 Mil. Hexpol AB's Cost of Goods Sold for the three months ended in Sep. 2024 was €343 Mil. Hence, Hexpol AB's Days Inventory for the three months ended in Sep. 2024 was 52.18.

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

FRA:4QT1' s Days Inventory Range Over the Past 10 Years
Min: 27.02   Med: 39.81   Max: 50.43
Current: 50.43

During the past 13 years, Hexpol AB's highest Days Inventory was 50.43. The lowest was 27.02. And the median was 39.81.

FRA:4QT1's Days Inventory is ranked better than
75.49% of 1493 companies
in the Chemicals industry
Industry Median: 79.65 vs FRA:4QT1: 50.43

Hexpol AB's Days Inventory declined from Sep. 2023 (52.47) to Sep. 2024 (52.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hexpol AB's Inventory Turnover for the three months ended in Sep. 2024 was 1.75.

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. Hexpol AB's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.45.


Hexpol AB Days Inventory Historical Data

The historical data trend for Hexpol AB'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.

Hexpol AB Days Inventory Chart

Hexpol AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.47 42.50 41.41 44.00 48.73

Hexpol AB 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 52.47 52.11 47.77 47.57 52.18

Competitive Comparison of Hexpol AB's Days Inventory

For the Specialty Chemicals subindustry, Hexpol AB'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.


Hexpol AB's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hexpol AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hexpol AB's Days Inventory falls into.



Hexpol AB Days Inventory Calculation

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

Hexpol AB'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
=( (223.22 + 187.019) / 2 ) / 1536.379*365
=205.1195 / 1536.379*365
=48.73

Hexpol AB'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
=( (196.483 + 196.073) / 2 ) / 343.259*365 / 4
=196.278 / 343.259*365 / 4
=52.18

* 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.


Hexpol AB  (FRA:4QT1) 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.

Hexpol AB'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.

Hexpol AB'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.


Hexpol AB Days Inventory Related Terms

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


Hexpol AB Business Description

Traded in Other Exchanges
Address
Skeppsbron 3, Malmo, SWE, 211 20
Hexpol AB manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into two segments based on product type. The compounding segment, which generates the vast majority of revenue, sells synthetic rubber to the automotive, aerospace, footwear, and pharmaceutical industries. The company's synthetic rubber products are used in the production of tires, hoses, seals, footwear, and pharmaceuticals. The engineered products segment sells gaskets used in plate heat exchangers, forklift wheels, and castor wheels. The Americas generates the majority of its revenue from geographic market.

Hexpol AB Headlines

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