Days Inventory is also known as Days Sales of Inventory (DSI). The Hour Glass's Average Total Inventories for the
six
months ended in Sep. 2023 was $216.26 Mil. The Hour Glass's Cost of Goods Sold for the
six
months ended in Sep. 2023 was $282.86 Mil.
Hence, The Hour Glass's Days Inventory for the
six
months ended in Sep. 2023 was 139.53.
The historical rank and industry rank for The Hour Glass's Days Inventory or its related term are showing as below:
HRGSF'
s Days Inventory Range Over the Past 10 Years
Min: 131.62 Med: 192.65 Max: 212.81
Current: 136.32
During the past 13 years, The Hour Glass's highest Days Inventory was 212.81. The lowest was 131.62. And the median was 192.65.
HRGSF's Days Inventory is ranked worse than 59.31% of 1069
companies
in the Retail - Cyclical industry
Industry Median: 110.79
vs HRGSF: 136.32
The Hour Glass's Days Inventory
increased
from Sep. 2022 (127.90) to Sep. 2023 (139.53).
It might indicate that The Hour Glass's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
The Hour Glass's Inventory Turnover for the
six
months ended in Sep. 2023 was 1.31.
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.
The Hour Glass's Inventory-to-Revenue for the
six
months ended in Sep. 2023 was 0.53.
The Hour Glass Days Inventory Historical Data
The historical data trend for The Hour Glass'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.
Competitive Comparison of The Hour Glass's Days Inventory
For the Luxury Goods subindustry, The Hour Glass'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.
The Hour Glass's Days Inventory Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, The Hour Glass's Days Inventory distribution charts can be found below:
* The bar in red indicates where The Hour Glass's Days Inventory falls into.
The Hour Glass Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The Hour Glass's Days Inventory for the fiscal year that ended in Mar. 2023 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.
The Hour Glass (GREY:HRGSF) 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.
The Hour Glass's Inventory Turnover for the
six
months ended in Sep. 2023 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.
The Hour Glass's Inventory to Revenue for the
six
months ended in Sep. 2023 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.
The Hour Glass Days Inventory Related Terms
Thank you for viewing the detailed overview of The Hour Glass's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
The Hour Glass (The Hour Glass) Business Description
The Hour Glass Ltd is a Singapore-based investment holding company. The company is engaged in the retailing and distribution of watches, jewellery and other luxury products. It also invests in properties. The company's geographical segments include South East Asia and Oceania; and North East Asia. It generates maximum revenue from South East Asia and Oceania segment. Some of its brands include A. Lange & Sohne, Blancpain, Cartier, Hublot, Rolex, and others.
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