Hwange Colliery Co (XZIM:HCCL.ZW) Days Inventory: 30.62 (As of Dec. 2022)

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What is Hwange Colliery Co Days Inventory?

Hwange Colliery Co XZIM:HCCL.ZW Days Inventory is 30.62 as of Dec. 2022.

Days Inventory is also known as Days Sales of Inventory (DSI). Hwange Colliery Co's Average Total Inventories for the six months ended in Dec. 2022 was ZWL7,153 Mil. Hwange Colliery Co's Cost of Goods Sold for the six months ended in Dec. 2022 was ZWL42,629 Mil. Hence, Hwange Colliery Co's Days Inventory for the six months ended in Dec. 2022 was 30.62.

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

XZIM:HCCL.ZW's Days Inventory is not ranked *
in the Other Energy Sources industry.
Industry Median: 28.81
* Ranked among companies with meaningful Days Inventory only.

Hwange Colliery Co's Days Inventory increased from Dec. 2021 (11.26) to Dec. 2022 (30.62). It might indicate that Hwange Colliery Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hwange Colliery Co's Inventory Turnover for the six months ended in Dec. 2022 was 5.96.

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. Hwange Colliery Co's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.12.


Hwange Colliery Co  (XZIM:HCCL.ZW) 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.

Hwange Colliery Co's Inventory Turnover for the six 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.

Hwange Colliery Co's Inventory to Revenue for the six 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.


Hwange Colliery Co Days Inventory Related Terms


Hwange Colliery Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Hwange Colliery Co'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.

Hwange Colliery Co Days Inventory Chart

Hwange Colliery Co Annual Data
Trend Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial 14,912.04 117.52 60.70 18.87 40.49

Hwange Colliery Co Semi-Annual Data
Dec11 Jun12 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.28 30.93 11.26 38.82 30.62

Hwange Colliery Co Days Inventory Competitor Comparison

For the Thermal Coal subindustry, Hwange Colliery Co'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.


Hwange Colliery Co Days Inventory vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Hwange Colliery Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hwange Colliery Co's Days Inventory falls into.



Hwange Colliery Co Days Inventory Calculation

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

Hwange Colliery Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1441.31 + 10665.919) / 2 ) / 54572.469*365
=6053.6145 / 54572.469*365
=40.49

Hwange Colliery Co'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: Jun. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (3639.395 + 10665.919) / 2 ) / 42628.92*365 / 2
=7152.657 / 42628.92*365 / 2
=30.62

* 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 30.62 mean?
Hwange Colliery Co (XZIM:HCCL.ZW) has a Days Inventory of 30.62 as of Dec. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hwange Colliery Co and its competitors.
Is Hwange Colliery Co's Days Inventory too high?
Hwange Colliery Co's current Days Inventory is 30.62. The Other Energy Sources industry median Days Inventory is 28.81. Hwange Colliery Co's value of 30.62 is 6.3% above this industry median.
How does Hwange Colliery Co's Days Inventory compare to competitors?
Hwange Colliery Co's Days Inventory of 30.62 can be compared against companies in the Other Energy Sources industry. The industry median Days Inventory is 28.81. Hwange Colliery Co's value of 30.62 is 6.3% 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 an Other Energy Sources company?
The median Days Inventory among Other Energy Sources companies is 28.81, based on 119 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. Hwange Colliery Co's current Days Inventory of 30.62 is 6.3% 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 Hwange Colliery Co and its competitors. For the Other Energy Sources industry, the median Days Inventory is 28.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwange Colliery Co's current Days Inventory is 30.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwange Colliery Co stock overvalued right now?
Hwange Colliery Co (XZIM:HCCL.ZW) has a current Days Inventory of 30.62. The current Days Inventory is 30.62 and 6.3% above the Other Energy Sources industry median of 28.81. 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 Hwange Colliery Co (XZIM:HCCL.ZW), the current Days Inventory is 30.62 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.

Hwange Colliery Co Business Description

Address Coronation Dr, Hwange, ZWE
Hwange Colliery Co Ltd is engaged in the extraction, processing, and distribution of coal and coal products, and the provision of health services and various retail goods and services. Its activities are categorised into the following three segments: Mining - the extraction, processing, and distribution of coal and coal products; Medical services - provide healthcare to staff members and the surrounding community; Estates - the division provides properties for rental and sells retail goods and services. The group generates the majority of its revenue from the Mining segment.