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Green Hydrogen Systems A/S (OCSE:GREENH) Days Inventory : 537.44 (As of Dec. 2023)


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What is Green Hydrogen Systems A/S Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Green Hydrogen Systems A/S's Average Total Inventories for the six months ended in Dec. 2023 was kr198.62 Mil. Green Hydrogen Systems A/S's Cost of Goods Sold for the six months ended in Dec. 2023 was kr67.45 Mil. Hence, Green Hydrogen Systems A/S's Days Inventory for the six months ended in Dec. 2023 was 537.44.

The historical rank and industry rank for Green Hydrogen Systems A/S's Days Inventory or its related term are showing as below:

OCSE:GREENH' s Days Inventory Range Over the Past 10 Years
Min: 200.13   Med: 404.96   Max: 1221.72
Current: 407.51

During the past 7 years, Green Hydrogen Systems A/S's highest Days Inventory was 1221.72. The lowest was 200.13. And the median was 404.96.

OCSE:GREENH's Days Inventory is ranked worse than
92.71% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.14 vs OCSE:GREENH: 407.51

Green Hydrogen Systems A/S's Days Inventory increased from Dec. 2022 (366.99) to Dec. 2023 (537.44). It might indicate that Green Hydrogen Systems A/S's sales slowed down.

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. Green Hydrogen Systems A/S's Inventory Turnover for the six months ended in Dec. 2023 was 0.34.

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. Green Hydrogen Systems A/S's Inventory-to-Revenue for the six months ended in Dec. 2023 was 7.28.


Green Hydrogen Systems A/S Days Inventory Historical Data

The historical data trend for Green Hydrogen Systems A/S'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.

* Premium members only.

Green Hydrogen Systems A/S Days Inventory Chart

Green Hydrogen Systems A/S Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 200.13 426.49 - 357.93 404.96

Green Hydrogen Systems A/S Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only - 271.54 366.99 323.64 537.44

Competitive Comparison of Green Hydrogen Systems A/S's Days Inventory

For the Utilities - Renewable subindustry, Green Hydrogen Systems A/S'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.


Green Hydrogen Systems A/S's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Hydrogen Systems A/S's Days Inventory distribution charts can be found below:

* The bar in red indicates where Green Hydrogen Systems A/S's Days Inventory falls into.



Green Hydrogen Systems A/S Days Inventory Calculation

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

Green Hydrogen Systems A/S'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
=( (170.004 + 205.799) / 2 ) / 169.358*365
=187.9015 / 169.358*365
=404.96

Green Hydrogen Systems A/S'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (191.45 + 205.799) / 2 ) / 67.447*365 / 2
=198.6245 / 67.447*365 / 2
=537.44

* 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.


Green Hydrogen Systems A/S  (OCSE:GREENH) 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.

Green Hydrogen Systems A/S'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.

Green Hydrogen Systems A/S'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.


Green Hydrogen Systems A/S Days Inventory Related Terms

Thank you for viewing the detailed overview of Green Hydrogen Systems A/S's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Green Hydrogen Systems A/S (OCSE:GREENH) Business Description

Traded in Other Exchanges
Address
Nordager 21, Kolding, DNK, DK-6000
Green Hydrogen Systems A/S is a provider of standardised and modular electrolysers for the production of green hydrogen solely based on renewable energy. The firm caters to industries that establish on-site green hydrogen production for different purposes as well as energy and transport companies being at the forefront of the development of Power-to-X applications and transition towards emission-free fuel. It generates revenue from the sale and installation of complete alkaline electrolysis solutions as well as the service of the installed systems. The company derives its revenue from Denmark, Norway, Sweden and other countries.

Green Hydrogen Systems A/S (OCSE:GREENH) Headlines

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