The historical rank and industry rank for Hochdorf Holding AG's Days Inventory or its related term are showing as below:
XSWX:HOCN'
s Days Inventory Range Over the Past 10 Years
Min: 42.69 Med: 48.69 Max: 63.17
Current: 63.17
During the past 13 years, Hochdorf Holding AG's highest Days Inventory was 63.17. The lowest was 42.69. And the median was 48.69.
XSWX:HOCN's Days Inventory is ranked better than 64.86% of 1787
companies
in the Consumer Packaged Goods industry
Industry Median: 82.17
vs XSWX:HOCN: 63.17
Hochdorf Holding AG's Days Inventory
declined
from Dec. 2022 (69.04) to Dec. 2023 (62.38).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hochdorf Holding AG's Inventory Turnover for the
six
months ended in Dec. 2023 was 2.93.
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.
Hochdorf Holding AG's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.25.
Hochdorf Holding AG Days Inventory Historical Data
The historical data trend for Hochdorf Holding AG'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.
Competitive Comparison of Hochdorf Holding AG's Days Inventory
For the Packaged Foods subindustry, Hochdorf Holding AG'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.
Hochdorf Holding AG's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hochdorf Holding AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hochdorf Holding AG's Days Inventory falls into.
Hochdorf Holding AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hochdorf Holding AG's Days Inventory for the fiscal year that 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.
Hochdorf Holding AG (XSWX:HOCN) 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.
Hochdorf Holding AG'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.
Hochdorf Holding AG'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.
Hochdorf Holding AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Hochdorf Holding AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hochdorf Holding AG (XSWX:HOCN) Business Description
Hochdorf Holding AG is a food company. It produces and sells food products to the food industry and the wholesale and retail trade in the international markets. The group operates in the business of Food Solutions and Baby Care It produces, and markets powder products based on milk and whey, and also produces and markets cereals. The firm generates the majority of its revenue from the Dairy ingredients segment which includes products like cream, milk concentrate, skimmed milk powder, whole milk powder, cream powder, fat powder, milk protein powder, whey powder, whey protein powder, permeate powder, butter, buttermilk, and curd. Geographically, the Food Solutions division focuses on Switzerland.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XSWX:HOCN has been successfully added to your 