Hynion AS (OSL:HYN) Days Inventory: 148.41 (As of Jun. 2024)


What is Hynion AS Days Inventory?

Hynion AS OSL:HYN Days Inventory is 148.41 as of Jun. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Hynion AS's Average Total Inventories for the six months ended in Jun. 2024 was kr1.77 Mil. Hynion AS's Cost of Goods Sold for the six months ended in Jun. 2024 was kr2.18 Mil. Hence, Hynion AS's Days Inventory for the six months ended in Jun. 2024 was 148.41.

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

OSL:HYN's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 104.57
* Ranked among companies with meaningful Days Inventory only.

Hynion AS's Days Inventory increased from Jun. 2023 (6.39) to Jun. 2024 (148.41). It might indicate that Hynion AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hynion AS's Inventory Turnover for the six months ended in Jun. 2024 was 1.23.

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. Hynion AS's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.45.

Hynion AS  (OSL:HYN) 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.

Hynion AS's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=2.179 / 1.772
=1.23

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.

Hynion AS's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.772 / 3.956
=0.45

* 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.

Hynion AS Days Inventory Related Terms

Hynion AS Days Inventory Historical Data

* Premium members only.

The historical data trend for Hynion AS'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.

Hynion AS Days Inventory Chart

Hynion AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
0.00 0.00 3.80 3.88 52.50

Hynion AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only 3.49 3.61 6.39 66.76 148.41

OSL:HYN vs TSCO, WSM, ULTA: Days Inventory Comparison

For the Specialty Retail subindustry, Hynion AS'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.

Hynion AS Days Inventory vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hynion AS's Days Inventory distribution charts can be found below:

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


Hynion AS Days Inventory Calculation

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

Hynion AS'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
=( (0.124 + 1.786) / 2 ) / 6.64*365
=0.955 / 6.64*365
=52.50

Hynion AS's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (1.786 + 1.758) / 2 ) / 2.179*365 / 2
=1.772 / 2.179*365 / 2
=148.41

* 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 148.41 mean?
Hynion AS (OSL:HYN) has a Days Inventory of 148.41 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hynion AS and its competitors.
Is Hynion AS's Days Inventory too high?
Hynion AS's current Days Inventory is 148.41. The Retail - Cyclical industry median Days Inventory is 104.57. Hynion AS's value of 148.41 is 41.9% above this industry median.
How does Hynion AS's Days Inventory compare to TSCO and WSM?
Hynion AS's Days Inventory of 148.41 can be compared against companies in the Retail - Cyclical industry. The industry median Days Inventory is 104.57. Hynion AS's value of 148.41 is 41.9% above 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 Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 104.57, based on 1,087 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. Hynion AS's current Days Inventory of 148.41 is 41.9% above 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 Hynion AS and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 104.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hynion AS's current Days Inventory is 148.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hynion AS stock overvalued right now?
Hynion AS (OSL:HYN) has a current Days Inventory of 148.41. The current Days Inventory is 148.41 and 41.9% above the Retail - Cyclical industry median of 104.57. 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 Hynion AS (OSL:HYN), the current Days Inventory is 148.41 as of Jun. 2024. 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.

Hynion AS Business Description

Address Sandviksveien 17, P.O. box 526, Hovik, NOR, 1363
Hynion AS is a hydrogen fuel company whose main business is to sell hydrogen fuel through hydrogen stations owned by the company. The company designs, builds, owns, and operates hydrogen fuel stations. The company has four hydrogen stations, one in Norway and three in Sweden.