Hillman Solutions (Hillman Solutions) Days Inventory : 192.00 (As of Dec. 2023)

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What is Hillman Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hillman Solutions's Average Total Inventories for the three months ended in Dec. 2023 was $390 Mil. Hillman Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $185 Mil. Hence, Hillman Solutions's Days Inventory for the three months ended in Dec. 2023 was 192.00.

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

HLMN' s Days Inventory Range Over the Past 10 Years
Min: 182.86 Med: 194.21 Max: 220.51
Current: 189.34

During the past 5 years, Hillman Solutions's highest Days Inventory was 220.51. The lowest was 182.86. And the median was 194.21.

HLMN's Days Inventory is ranked worse than
73.22% of 2905 companies
in the Industrial Products industry
Industry Median: 119.85 vs HLMN: 189.34

Hillman Solutions's Days Inventory declined from Dec. 2022 (235.64) to Dec. 2023 (192.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hillman Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 0.48.

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. Hillman Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.12.

Hillman Solutions Days Inventory Historical Data

The historical data trend for Hillman 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.

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Hillman Solutions Days Inventory Chart

Hillman Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

182.86

196.44

220.51

191.98

Hillman Solutions Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial											235.64	209.76	185.64	169.49	192.00

Competitive Comparison of Hillman Solutions's Days Inventory

For the Tools & Accessories subindustry, Hillman 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.

Hillman Solutions's Days Inventory Distribution in the Industrial Products Industry

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

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

Hillman Solutions Days Inventory Calculation

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

Hillman Solutions'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
=	( (489.326	+	382.71)	/	2 )	/	828.956	*	365
=	436.018					/	828.956	*	365
=	191.98

Hillman Solutions'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (397.077	+	382.71)	/	2 )	/	185.304	*	365 / 4
=	389.8935					/	185.304	*	365 / 4
=	192.00

Hillman Solutions (NAS:HLMN) 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.

Hillman Solutions's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	185.304	/	389.8935
	=	0.48

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.

Hillman Solutions's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	389.8935	/	347.808
	=	1.12

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.

Hillman Solutions Days Inventory Related Terms

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

Hillman Solutions (Hillman Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hillman Solutions Corp (NAS:HLMN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1280 Kemper Meadow Drive, Forest Park, OH, USA, 45240

Website

https://www.hillmangroup.com

Hillman Solutions Corp is a provider of hardware-related products and related merchandising services to retail markets in North America. The company sells its products to hardware stores, home centers, mass merchants, pet supply stores, and other retail outlets. Its product lines include thousands of small parts such as fasteners and related hardware items; threaded rod and metal shapes; keys and accessories; builder's hardware; personal protective equipment, such as gloves and eye-wear; and identification items, such as tags and letters, numbers, and signs. The segments of the group are Hardware and Protective Solutions, which is the key revenue-generating segment; Robotics and Digital Solutions; and Canada. It has a business presence in the US, Canada and Mexico.

Executives

Diane Honda	director	C/O BARRACUDA NETWORKS, INC., 3175 S. WINCHESTER BLVD., CAMPBELL CA 95008
Ccmp Capital, Lp	10 percent owner	245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Aaron Jerrod Parker	officer: VP - Human Resources	1280 KEMPER MEADOW DR., FOREST PARK OH 45240
Robert O. Kraft	officer: CFO and Treasurer	ONE CVS DRIVE, WOONSOCKET RI 02895
Douglas Cahill	director, officer: COB, President and CEO	1040 CHANCERY LANE, NASHVILLED TN 37215
Scott Kelley Moore	officer: Chief Technology Officer	10590 HAMILTON AVE., CINCINNATI OH 45231
Leary Dan O	director	10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012
Ccmp Co-invest Iii A Gp, Llc	10 percent owner	C/O CCMP CAPITAL ADVISORS, LP, 277 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10172
Ccmp Capital Investors Iii (employee), L.p.	10 percent owner	C/O CCMP CAPITAL ADVISORS, LLC, 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Ccmp Capital Investors Iii, L.p.	10 percent owner	C/O CCMP CAPITAL ADVISORS, LLC, 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Ccmp Capital Associates Iii Gp, Llc	10 percent owner	C/O CCMP CAPITAL ADVISORS, LP, 277 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10172
Ccmp Capital Gp, Llc	10 percent owner	1 ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK NY 10020
Ccmp Capital Associates Iii, L.p.	10 percent owner	C/O CCMP CAPITAL ADVISORS, LP, 277 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10172
Ccmp Co-invest Iii A, L.p.	10 percent owner	C/O CCMP CAPITAL ADVISORS, LLC, 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Jarrod Streng	officer: See Remarks	10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012