HYDI (Hydromer) Days Inventory: 19.82 (As of Dec. 2022)


HYDI Hydromer Inc HYDI
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What is Hydromer Days Inventory?

Hydromer HYDI 12 Days Inventory is 19.82 as of Dec. 2022. GuruFocus rates HYDI with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Hydromer's Average Total Inventories for the three months ended in Dec. 2022 was $0.15 Mil. Hydromer's Cost of Goods Sold for the three months ended in Dec. 2022 was $0.69 Mil. Hence, Hydromer's Days Inventory for the three months ended in Dec. 2022 was 19.82.

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

HYDI's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 80.53
* Ranked among companies with meaningful Days Inventory only.

Hydromer's Days Inventory increased from Dec. 2021 (14.49) to Dec. 2022 (19.82). It might indicate that Hydromer's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hydromer's Inventory Turnover for the three months ended in Dec. 2022 was 4.60.

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. Hydromer's Inventory-to-Revenue for the three months ended in Dec. 2022 was 0.18.


Hydromer  (OTCPK:HYDI) 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.

Hydromer's Inventory Turnover for the three months ended in Dec. 2022 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.

Hydromer's Inventory to Revenue for the three months ended in Dec. 2022 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.


Hydromer Days Inventory Related Terms


Hydromer Days Inventory Historical Data

* Premium members only.

The historical data trend for Hydromer'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.

Hydromer Days Inventory Chart

Hydromer Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.52 129.68 55.62 29.20 27.33

Hydromer Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 14.49 22.87 33.08 41.33 19.82

HYDI vs ETCK, VYST, SNES: Days Inventory Comparison

For the Specialty Chemicals subindustry, Hydromer'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.


Hydromer Days Inventory vs Chemicals Industry

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

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


HYDI
12GF Score
Hydromer Inc HYDI
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Hydromer Days Inventory Calculation

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

Hydromer's Days Inventory for the fiscal year that ended in Jun. 2021 is calculated as

Days Inventory (A: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2020 ) + Total Inventories (A: Jun. 2021 )) / count ) / Cost of Goods Sold (A: Jun. 2021 )*Days in Period
=( (0.261 + 0.11) / 2 ) / 2.477*365
=0.1855 / 2.477*365
=27.33

Hydromer's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

Days Inventory (Q: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (0.202 + 0.096) / 2 ) / 0.686*365 / 4
=0.149 / 0.686*365 / 4
=19.82

* 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 19.82 mean?
Hydromer (HYDI) has a Days Inventory of 19.82 as of Dec. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hydromer and its competitors.
Is Hydromer's Days Inventory too high?
Hydromer's current Days Inventory is 19.82. The Chemicals industry median Days Inventory is 80.53. Hydromer's value of 19.82 is 75.4% below this industry median. Overall, Hydromer has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Hydromer's Days Inventory compare to ETCK and VYST?
Hydromer's Days Inventory of 19.82 can be compared against companies in the Chemicals industry. The industry median Days Inventory is 80.53. Hydromer's value of 19.82 is 75.4% below 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 Chemicals company?
The median Days Inventory among Chemicals companies is 80.53, based on 1,548 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. Hydromer's current Days Inventory of 19.82 is 75.4% below 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 Hydromer and its competitors. For the Chemicals industry, the median Days Inventory is 80.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydromer's current Days Inventory is 19.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydromer stock overvalued right now?
Hydromer (HYDI) has a current Days Inventory of 19.82. The current Days Inventory is 19.82 and 75.4% below the Chemicals industry median of 80.53. Hydromer's overall GF Score™ is 12/100. 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 Hydromer (HYDI), the current Days Inventory is 19.82 as of Dec. 2022. 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.

Hydromer Business Description

Address 4715 Corporate Drive NW, Suite 200, Concord, NC, USA, 28027
Hydromer Inc is a polymer research and development company. The company is engaged in the business of inventing, developing, patenting, licensing, manufacturing and selling hydrophilic polymer-based products and services. Its segment includes Industrial and Medical. The company generates maximum revenue from services. Geographically, it derives a majority of revenue from the United States.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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