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Harland & Wolff Group Holdings (LSE:HARL) Days Inventory : 25.62 (As of Jun. 2023)


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What is Harland & Wolff Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Harland & Wolff Group Holdings's Average Total Inventories for the six months ended in Jun. 2023 was £2.89 Mil. Harland & Wolff Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was £20.58 Mil. Hence, Harland & Wolff Group Holdings's Days Inventory for the six months ended in Jun. 2023 was 25.62.

The historical rank and industry rank for Harland & Wolff Group Holdings's Days Inventory or its related term are showing as below:

LSE:HARL' s Days Inventory Range Over the Past 10 Years
Min: 16.97   Med: 59.77   Max: 102.56
Current: 58.47

During the past 13 years, Harland & Wolff Group Holdings's highest Days Inventory was 102.56. The lowest was 16.97. And the median was 59.77.

LSE:HARL's Days Inventory is ranked better than
80.62% of 289 companies
in the Aerospace & Defense industry
Industry Median: 139.54 vs LSE:HARL: 58.47

Harland & Wolff Group Holdings's Days Inventory declined from Jun. 2022 (77.14) to Jun. 2023 (25.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. Harland & Wolff Group Holdings's Inventory Turnover for the six months ended in Jun. 2023 was 7.12.

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. Harland & Wolff Group Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.11.


Harland & Wolff Group Holdings Days Inventory Historical Data

The historical data trend for Harland & Wolff Group Holdings'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.

Harland & Wolff Group Holdings Days Inventory Chart

Harland & Wolff Group Holdings Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 102.56 16.97

Harland & Wolff Group Holdings Semi-Annual Data
Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only Premium Member Only 70.88 34.28 77.14 96.25 25.62

Competitive Comparison of Harland & Wolff Group Holdings's Days Inventory

For the Aerospace & Defense subindustry, Harland & Wolff Group Holdings'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.


Harland & Wolff Group Holdings's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Harland & Wolff Group Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Harland & Wolff Group Holdings's Days Inventory falls into.



Harland & Wolff Group Holdings Days Inventory Calculation

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

Harland & Wolff Group Holdings'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: Jul. 2020 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.331 + 1.735) / 2 ) / 22.215*365
=1.033 / 22.215*365
=16.97

Harland & Wolff Group Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (1.735 + 4.043) / 2 ) / 20.578*365 / 2
=2.889 / 20.578*365 / 2
=25.62

* 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.


Harland & Wolff Group Holdings  (LSE:HARL) 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.

Harland & Wolff Group Holdings's Inventory Turnover for the six months ended in Jun. 2023 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.

Harland & Wolff Group Holdings's Inventory to Revenue for the six months ended in Jun. 2023 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.


Harland & Wolff Group Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Harland & Wolff Group Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Harland & Wolff Group Holdings (LSE:HARL) Business Description

Traded in Other Exchanges
Address
2 Swan Lane, Fieldfisher Riverbank House, London, GBR, EC4R 3TT
Harland & Wolff Group Holdings PLC is a multisite fabrication company, operating in the maritime and offshore industry through markets such as commercial, cruise and ferry, and renewables and six services namely technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion. The Comapny is organised into 6 segments: Cruise & Ferry, Commercial, Energy, Defence, Renewables and other being Head Office related. The Company generates revenue from multiple streams including shipbuilding, engineering (e.g. fabrication of wind turbines) and ship repairs and maintenance.

Harland & Wolff Group Holdings (LSE:HARL) Headlines