The historical rank and industry rank for HELLA GmbH KGaA's Days Inventory or its related term are showing as below:
XTER:HLE'
s Days Inventory Range Over the Past 10 Years
Min: 47.6 Med: 54.44 Max: 73.64
Current: 73.64
During the past 11 years, HELLA GmbH KGaA's highest Days Inventory was 73.64. The lowest was 47.60. And the median was 54.44.
XTER:HLE's Days Inventory is ranked better than 55.21% of 1257
companies
in the Vehicles & Parts industry
Industry Median: 81.77
vs XTER:HLE: 73.64
HELLA GmbH KGaA's Days Inventory
declined
from Aug. 2022 (78.49) to Sep. 2023 (77.68).
Inventory Turnover measures how fast the company turns over its inventory within a year.
HELLA GmbH KGaA's Inventory Turnover for the
three
months ended in Sep. 2023 was 1.17.
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.
HELLA GmbH KGaA's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.63.
HELLA GmbH KGaA Days Inventory Historical Data
The historical data trend for HELLA GmbH KGaA'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 HELLA GmbH KGaA's Days Inventory
For the Auto Parts subindustry, HELLA GmbH KGaA'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.
HELLA GmbH KGaA's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, HELLA GmbH KGaA's Days Inventory distribution charts can be found below:
* The bar in red indicates where HELLA GmbH KGaA's Days Inventory falls into.
HELLA GmbH KGaA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
HELLA GmbH KGaA's Days Inventory for the fiscal year that ended in May. 2021 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.
HELLA GmbH KGaA (XTER:HLE) 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.
HELLA GmbH KGaA's Inventory Turnover for the
three
months ended in Sep. 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.
HELLA GmbH KGaA's Inventory to Revenue for the
three
months ended in Sep. 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.
HELLA GmbH KGaA Days Inventory Related Terms
Thank you for viewing the detailed overview of HELLA GmbH KGaA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
HELLA GmbH & Co KGaA is a manufacturer of lighting and electronic components and systems for the automotive industry. The company also produces complete vehicle modules, air-conditioning systems, and vehicle electrical systems in its joint-venture companies, as well as products for specialist vehicles. Further, Hella operates a trade organisation for automotive parts, accessories, diagnosis, and services in Europe. The company is controlled through a pooled family majority shareholding in the group. The company has three reportable segments which are Lighting, Electronics and Lifecycle Solutions. The company generates majority of the revenue from Lighting segment.
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