Holders Technology (LSE:HDT) Days Inventory : 91.46 (As of May. 2023)

View and export this data going back to 1988. Start your Free Trial

What is Holders Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Holders Technology's Average Total Inventories for the six months ended in May. 2023 was £1.31 Mil. Holders Technology's Cost of Goods Sold for the six months ended in May. 2023 was £2.60 Mil. Hence, Holders Technology's Days Inventory for the six months ended in May. 2023 was 91.46.

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

LSE:HDT' s Days Inventory Range Over the Past 10 Years
Min: 75.43 Med: 102.22 Max: 124.57
Current: 89.07

During the past 13 years, Holders Technology's highest Days Inventory was 124.57. The lowest was 75.43. And the median was 102.22.

LSE:HDT's Days Inventory is not ranked
in the Hardware industry.
Industry Median: 101.605 vs LSE:HDT: 89.07

Holders Technology's Days Inventory declined from May. 2022 (113.83) to May. 2023 (91.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. Holders Technology's Inventory Turnover for the six months ended in May. 2023 was 2.00.

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. Holders Technology's Inventory-to-Revenue for the six months ended in May. 2023 was 0.34.

Holders Technology Days Inventory Historical Data

The historical data trend for Holders Technology'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.

Holders Technology Days Inventory Chart

Holders Technology Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Days Inventory

Get a 7-Day Free Trial

104.06

111.93

124.57

75.43

85.51

Holders Technology Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Days Inventory	Get a 7-Day Free Trial															96.23	64.32	113.83	85.71	91.46

Competitive Comparison of Holders Technology's Days Inventory

For the Electronic Components subindustry, Holders Technology'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.

Holders Technology's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Holders Technology's Days Inventory distribution charts can be found below:

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

Holders Technology Days Inventory Calculation

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

Holders Technology's Days Inventory for the fiscal year that ended in Nov. 2022 is calculated as

	Days Inventory (A: Nov. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Nov. 2021 )	+	Total Inventories (A: Nov. 2022 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2022 )	*	Days in Period
=	( (1.18	+	1.362)	/	2 )	/	5.425	*	365
=	1.271					/	5.425	*	365
=	85.51

Holders Technology's Days Inventory for the quarter that ended in May. 2023 is calculated as:

	Days Inventory (Q: May. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2022 )	+	Total Inventories (Q: May. 2023 ))	/	count )	/	Cost of Goods Sold (Q: May. 2023 )	*	Days in Period
=	( (1.362	+	1.248)	/	2 )	/	2.604	*	365 / 2
=	1.305					/	2.604	*	365 / 2
=	91.46

Holders Technology (LSE:HDT) 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.

Holders Technology's Inventory Turnover for the six months ended in May. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.604	/	1.305
	=	2.00

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.

Holders Technology's Inventory to Revenue for the six months ended in May. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.305	/	3.865
	=	0.34

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.

Holders Technology Days Inventory Related Terms

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

Holders Technology (LSE:HDT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Holders Technology PLC (LSE:HDT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

27-28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.holderstechnology.com

Holders Technology PLC is a UK-based company that supplies specialty laminates and materials for printed circuit board manufacture and operates as a Lighting and Control Solutions provider. The group has four operating subsidiaries: PCB UK, PCB Germany, LCS UK and LCS Germany. Both PCB divisions have very similar products, processes, customers, distribution means and margins.. PCB which distributes materials, equipment and supplies to the PCB industry; and LCS, which distributes Lighting and Controls-related components, lighting products, and lighting solutions. It operates its business across the United Kingdom, Germany, and the Rest of the world.

Holders Technology (LSE:HDT) Headlines

No Headlines