GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hyzon Motors Inc (NAS:HYZN) » Definitions » Days Inventory

HYZN (Hyzon Motors) Days Inventory : 2,095.11 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Hyzon Motors Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hyzon Motors's Average Total Inventories for the three months ended in Sep. 2024 was $6.91 Mil. Hyzon Motors's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.30 Mil. Hence, Hyzon Motors's Days Inventory for the three months ended in Sep. 2024 was 2,095.11.

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

HYZN' s Days Inventory Range Over the Past 10 Years
Min: 218.15   Med: 488.57   Max: 750.28
Current: 218.15

During the past 4 years, Hyzon Motors's highest Days Inventory was 750.28. The lowest was 218.15. And the median was 488.57.

HYZN's Days Inventory is ranked worse than
92.73% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 80.545 vs HYZN: 218.15

Hyzon Motors's Days Inventory increased from Sep. 2023 (1,183.54) to Sep. 2024 (2,095.11). It might indicate that Hyzon Motors's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hyzon Motors's Inventory Turnover for the three months ended in Sep. 2024 was 0.04.

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. Hyzon Motors's Inventory-to-Revenue for the three months ended in Sep. 2024 was 51.57.


Hyzon Motors Days Inventory Historical Data

The historical data trend for Hyzon Motors'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.

Hyzon Motors Days Inventory Chart

Hyzon Motors Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- 488.57 442.01 750.28

Hyzon Motors Quarterly Data
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 1,183.54 350.34 300.59 75.49 2,095.11

Competitive Comparison of Hyzon Motors's Days Inventory

For the Auto Parts subindustry, Hyzon Motors'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.


Hyzon Motors's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hyzon Motors's Days Inventory distribution charts can be found below:

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



Hyzon Motors Days Inventory Calculation

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

Hyzon Motors'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
=( (35.553 + 28.811) / 2 ) / 15.656*365
=32.182 / 15.656*365
=750.28

Hyzon Motors'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
=( (7.786 + 6.036) / 2 ) / 0.301*365 / 4
=6.911 / 0.301*365 / 4
=2,095.11

* 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.


Hyzon Motors  (NAS:HYZN) 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.

Hyzon Motors'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.

Hyzon Motors'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.


Hyzon Motors Days Inventory Related Terms

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


Hyzon Motors Business Description

Traded in Other Exchanges
N/A
Address
475 Quaker Meeting House Road, Honeoye Falls, New York, NY, USA, 14472
Hyzon Motors Inc assembles and supplies hydrogen fuel cell-powered commercial vehicles across North America, Europe, China, and Australasia. In addition, it builds and fosters a clean hydrogen supply ecosystem with partners from feedstocks through production, dispensing and financing. The company intends to meet its customers' zero-emission vehicle needs by electrifying proven vehicle platforms utilizing its industry- leading fuel cell and electric propulsion technologies. It expects to deploy these technologies in various vehicle classes, including heavy-duty and medium-duty trucks and buses with the potential for future expansion into light-duty commercial vehicles, additional mobility use cases and stationary power applications.
Executives
Horizon Fuel Cell Technologies Pte Ltd 10 percent owner KAIXUAM RD 1671 RM 705, SHANGHAL CHINA 200030 F4 00000
Stephen Weiland officer: Chief Financial Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440
Matthew J. Foulston director 9900 WEST 109TH STREET, SUITE 100, OVERLAND PARK KS 66210
Andrea Farace director NORTH LODGE, WOOLLEY, WANTAGE X0 OX12 8NJ
Jinxiu Sun-lasovage officer: Chief Human Resources Officer 648 VINEWOOD AVE, BIRMINGHAM MI 48009
Bappaditya Banerjee officer: Chief Operating Officer 439 S. MONROE ST., HINSDALE IL 60521
John Milton Edgley officer: President of International Ops 69 RYANS RD, ELTHAM C3 3095
Samuel S Chong officer: Chief Financial Officer 475 QUAKER MEETING HOUSE RD., HONEOYE FALLS NY 14472
Craig Matthew Knight director, officer: Chief Executive Officer 475 QUAKER MEETING HOUSE ROAD, HONEOYE FALLS NY 14472
Patrick Michael Griffin officer: See Remarks 2415 WOODLAWN DR. NW, DOVER OH 44622
Decarbonization Plus Acquisition Corp officer: See Remarks 475 QUAKER MEETING HOUSE RD, HONEOYE FALLS NY 14472
Parker Stewart Meeks officer: Chief Strategy Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440
Shinichi Hirano officer: Chief Technology Officer 5878 SHILLINGHAM DRIVE, WEST BLOOMFIELD MI 48322
John R Zavoli officer: See Remarks 6215 FERRIS SQ, STE 140, SAN DIEGO CA 92121
Jiajia Wu officer: Chief Accounting Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440