Days Inventory is also known as Days Sales of Inventory (DSI). Hyzon Motors's Average Total Inventories for the
three
months ended in Dec. 2023 was $35.02 Mil. Hyzon Motors's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $9.12 Mil.
Hence, Hyzon Motors's Days Inventory for the
three
months ended in Dec. 2023 was 350.34.
The historical rank and industry rank for Hyzon Motors's Days Inventory or its related term are showing as below:
HYZN'
s Days Inventory Range Over the Past 10 Years
Min: 442.01 Med: 488.57 Max: 893.99
Current: 893.99
During the past 4 years, Hyzon Motors's highest Days Inventory was 893.99. The lowest was 442.01. And the median was 488.57.
HYZN's Days Inventory is ranked worse than 99.21% of 1258
companies
in the Vehicles & Parts industry
Industry Median: 81.295
vs HYZN: 893.99
Hyzon Motors's Days Inventory
increased
from Dec. 2022 (262.65) to Dec. 2023 (350.34).
It might indicate that Hyzon Motors's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hyzon Motors's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.26.
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.
Hyzon Motors's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 118.72.
Hyzon Motors Days Inventory Historical Data
The historical data trend for Hyzon Motors'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 Hyzon Motors's Days Inventory
For the Auto Parts subindustry, Hyzon Motors'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.
Hyzon Motors's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hyzon Motors's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hyzon Motors's Days Inventory falls into.
Hyzon Motors Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hyzon Motors'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.
Hyzon Motors (NAS:HYZN) 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.
Hyzon Motors'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.
Hyzon Motors'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.
Hyzon Motors Days Inventory Related Terms
Thank you for viewing the detailed overview of Hyzon Motors's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hyzon Motors Inc assembles and supplies hydrogen fuel cell-powered commercial vehicles across North America, Europe, China, and Australasia. In addition, it builds and fosters a clean hydrogen supply ecosystem with partners from feedstocks through production, dispensing and financing. The company intends to meet its customers' zero-emission vehicle needs by electrifying proven vehicle platforms utilizing its industry- leading fuel cell and electric propulsion technologies. It expects to deploy these technologies in various vehicle classes, including heavy-duty and medium-duty trucks and buses with the potential for future expansion into light-duty commercial vehicles, additional mobility use cases and stationary power applications.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HYZN has been successfully added to your 