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Hybrid Power Solutions (XCNQ:HPSS) Days Inventory : 224.99 (As of Feb. 2024)


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What is Hybrid Power Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hybrid Power Solutions's Average Total Inventories for the three months ended in Feb. 2024 was C$1.36 Mil. Hybrid Power Solutions's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.55 Mil. Hence, Hybrid Power Solutions's Days Inventory for the three months ended in Feb. 2024 was 224.99.

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

XCNQ:HPSS' s Days Inventory Range Over the Past 10 Years
Min: 103.61   Med: 165.51   Max: 276.06
Current: 276.06

During the past 3 years, Hybrid Power Solutions's highest Days Inventory was 276.06. The lowest was 103.61. And the median was 165.51.

XCNQ:HPSS's Days Inventory is ranked worse than
87.2% of 2898 companies
in the Industrial Products industry
Industry Median: 121.57 vs XCNQ:HPSS: 276.06

Hybrid Power Solutions's Days Inventory increased from Feb. 2023 (220.30) to Feb. 2024 (224.99). It might indicate that Hybrid Power Solutions's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hybrid Power Solutions's Inventory Turnover for the three months ended in Feb. 2024 was 0.41.

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. Hybrid Power Solutions's Inventory-to-Revenue for the three months ended in Feb. 2024 was 1.88.


Hybrid Power Solutions Days Inventory Historical Data

The historical data trend for Hybrid Power Solutions'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.

Hybrid Power Solutions Days Inventory Chart

Hybrid Power Solutions Annual Data
Trend May21 May22 May23
Days Inventory
168.34 103.61 165.51

Hybrid Power Solutions Quarterly Data
May21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 220.30 245.29 429.40 279.78 224.99

Competitive Comparison of Hybrid Power Solutions's Days Inventory

For the Electrical Equipment & Parts subindustry, Hybrid Power Solutions'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.


Hybrid Power Solutions's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hybrid Power Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hybrid Power Solutions's Days Inventory falls into.



Hybrid Power Solutions Days Inventory Calculation

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

Hybrid Power Solutions's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Days Inventory (A: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (0.563 + 1.424) / 2 ) / 2.191*365
=0.9935 / 2.191*365
=165.51

Hybrid Power Solutions's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (1.281 + 1.446) / 2 ) / 0.553*365 / 4
=1.3635 / 0.553*365 / 4
=224.99

* 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.


Hybrid Power Solutions  (XCNQ:HPSS) 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.

Hybrid Power Solutions's Inventory Turnover for the three months ended in Feb. 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.

Hybrid Power Solutions's Inventory to Revenue for the three months ended in Feb. 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.


Hybrid Power Solutions Days Inventory Related Terms

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


Hybrid Power Solutions (XCNQ:HPSS) Business Description

Comparable Companies
Traded in Other Exchanges
Address
333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1
Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada which is the key revenue generating market, and the United States.

Hybrid Power Solutions (XCNQ:HPSS) Headlines

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