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Hypercharge Networks (Hypercharge Networks) Days Inventory : 181.44 (As of Dec. 2023)


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What is Hypercharge Networks Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hypercharge Networks's Average Total Inventories for the three months ended in Dec. 2023 was $0.60 Mil. Hypercharge Networks's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.30 Mil. Hence, Hypercharge Networks's Days Inventory for the three months ended in Dec. 2023 was 181.44.

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

HCNWF' s Days Inventory Range Over the Past 10 Years
Min: 0   Med: 0   Max: 267.88
Current: 267.88

During the past 1 years, Hypercharge Networks's highest Days Inventory was 267.88. The lowest was 0.00. And the median was 0.00.

HCNWF's Days Inventory is ranked worse than
94.44% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 81.74 vs HCNWF: 267.88

Hypercharge Networks's Days Inventory declined from Aug. 2022 (478.80) to Dec. 2023 (181.44).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hypercharge Networks's Inventory Turnover for the three months ended in Dec. 2023 was 0.50.

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. Hypercharge Networks's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.38.


Hypercharge Networks Days Inventory Historical Data

The historical data trend for Hypercharge Networks'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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Hypercharge Networks Days Inventory Chart

Hypercharge Networks Annual Data
Trend Aug21
Days Inventory
-

Hypercharge Networks Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Dec22 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 478.80 - 367.67 151.76 181.44

Competitive Comparison of Hypercharge Networks's Days Inventory

For the Auto Parts subindustry, Hypercharge Networks'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.


Hypercharge Networks's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hypercharge Networks's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hypercharge Networks's Days Inventory falls into.



Hypercharge Networks Days Inventory Calculation

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

Hypercharge Networks's Days Inventory for the fiscal year that ended in Aug. 2021 is calculated as

Days Inventory (A: Aug. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: . 20 ) + Total Inventories (A: Aug. 2021 )) / count ) / Cost of Goods Sold (A: Aug. 2021 )*Days in Period
=( ( + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Hypercharge Networks'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
=( (0.707 + 0.49) / 2 ) / 0.301*365 / 4
=0.5985 / 0.301*365 / 4
=181.44

* 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.


Hypercharge Networks  (OTCPK:HCNWF) 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.

Hypercharge Networks's Inventory Turnover for the three 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.

Hypercharge Networks's Inventory to Revenue for the three 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.


Hypercharge Networks Days Inventory Related Terms

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


Hypercharge Networks (Hypercharge Networks) Business Description

Traded in Other Exchanges
Address
1075 West 1st Street, Suite 208, North Vancouver, BC, CAN, V7P 3T4
Hypercharge Networks Corp is an electric vehicle supply equipment company that provides turnkey electric vehicle charging solutions. As a clean-technology innovator, the company's mission is to accelerate EV adoption and shift towards a carbon-neutral economy by providing seamless, simple charging experiences through industry equipment and a robust network of public and private charging stations. It has a single segment, the sale of EV charging equipment, software, and maintenance contracts.

Hypercharge Networks (Hypercharge Networks) Headlines

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