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Hydratec Industries NV (XAMS:HYDRA) Days Inventory : 91.40 (As of Dec. 2023)


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What is Hydratec Industries NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hydratec Industries NV's Average Total Inventories for the six months ended in Dec. 2023 was €41.6 Mil. Hydratec Industries NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €83.1 Mil. Hence, Hydratec Industries NV's Days Inventory for the six months ended in Dec. 2023 was 91.40.

The historical rank and industry rank for Hydratec Industries NV's Days Inventory or its related term are showing as below:

XAMS:HYDRA' s Days Inventory Range Over the Past 10 Years
Min: 80.3   Med: 90.06   Max: 118.32
Current: 104.09

During the past 13 years, Hydratec Industries NV's highest Days Inventory was 118.32. The lowest was 80.30. And the median was 90.06.

XAMS:HYDRA's Days Inventory is ranked better than
61.76% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 132.7 vs XAMS:HYDRA: 104.09

Hydratec Industries NV's Days Inventory increased from Dec. 2022 (73.65) to Dec. 2023 (91.40). It might indicate that Hydratec Industries NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hydratec Industries NV's Inventory Turnover for the six months ended in Dec. 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. Hydratec Industries NV's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.28.


Hydratec Industries NV Days Inventory Historical Data

The historical data trend for Hydratec Industries NV'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.

Hydratec Industries NV Days Inventory Chart

Hydratec Industries NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.13 98.44 80.30 87.84 100.03

Hydratec Industries NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 71.00 107.34 73.65 125.47 91.40

Competitive Comparison of Hydratec Industries NV's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Hydratec Industries NV'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.


Hydratec Industries NV's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hydratec Industries NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hydratec Industries NV's Days Inventory falls into.



Hydratec Industries NV Days Inventory Calculation

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

Hydratec Industries NV'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
=( (41.966 + 38.215) / 2 ) / 146.283*365
=40.0905 / 146.283*365
=100.03

Hydratec Industries NV's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (44.973 + 38.215) / 2 ) / 83.056*365 / 2
=41.594 / 83.056*365 / 2
=91.40

* 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.


Hydratec Industries NV  (XAMS:HYDRA) 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.

Hydratec Industries NV's Inventory Turnover for the six months ended in Dec. 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.

Hydratec Industries NV's Inventory to Revenue for the six months ended in Dec. 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.


Hydratec Industries NV Days Inventory Related Terms

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


Hydratec Industries NV (XAMS:HYDRA) Business Description

Traded in Other Exchanges
Address
Nijverheidsweg Noord 59B, P.O. Box 328, Amersfoort, NLD, 3800 AH
Hydratec Industries NV is an industrial holding company which supplies high-quality industrial systems and components. The business activity of the group includes designing, developing and producing agricultural and food equipment; and plastics-parts and packaging products. It holds strong positions in the global agricultural and food markets; and Benelux and German plastic products and packaging industries. Geographically, the activities are carried out through the Netherlands.

Hydratec Industries NV (XAMS:HYDRA) Headlines

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