Honkarakenne Oyj (OHEL:HONBS) Days Inventory : 59.58 (As of Dec. 2023)

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What is Honkarakenne Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Honkarakenne Oyj's Average Total Inventories for the six months ended in Dec. 2023 was €5.59 Mil. Honkarakenne Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €17.12 Mil. Hence, Honkarakenne Oyj's Days Inventory for the six months ended in Dec. 2023 was 59.58.

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

OHEL:HONBS' s Days Inventory Range Over the Past 10 Years
Min: 40.99 Med: 57.26 Max: 70.1
Current: 67.4

During the past 13 years, Honkarakenne Oyj's highest Days Inventory was 70.10. The lowest was 40.99. And the median was 57.26.

OHEL:HONBS's Days Inventory is ranked better than
82.98% of 94 companies
in the Homebuilding & Construction industry
Industry Median: 325.55 vs OHEL:HONBS: 67.40

Honkarakenne Oyj's Days Inventory increased from Dec. 2022 (52.23) to Dec. 2023 (59.58). It might indicate that Honkarakenne Oyj'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. Honkarakenne Oyj's Inventory Turnover for the six months ended in Dec. 2023 was 3.06.

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. Honkarakenne Oyj's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.24.

Honkarakenne Oyj Days Inventory Historical Data

The historical data trend for Honkarakenne Oyj'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.

Honkarakenne Oyj Days Inventory Chart

Honkarakenne Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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54.64

47.53

40.99

45.04

67.36

Honkarakenne Oyj Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															40.06	55.88	52.23	76.48	59.58

Competitive Comparison of Honkarakenne Oyj's Days Inventory

For the Residential Construction subindustry, Honkarakenne Oyj'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.

Honkarakenne Oyj's Days Inventory Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Honkarakenne Oyj's Days Inventory distribution charts can be found below:

* The bar in red indicates where Honkarakenne Oyj's Days Inventory falls into.

Honkarakenne Oyj Days Inventory Calculation

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

Honkarakenne Oyj'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
=	( (6.505	+	5.276)	/	2 )	/	31.918	*	365
=	5.8905					/	31.918	*	365
=	67.36

Honkarakenne Oyj'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
=	( (5.9	+	5.276)	/	2 )	/	17.118	*	365 / 2
=	5.588					/	17.118	*	365 / 2
=	59.58

Honkarakenne Oyj (OHEL:HONBS) 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.

Honkarakenne Oyj's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	17.118	/	5.588
	=	3.06

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.

Honkarakenne Oyj's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.588	/	23.289
	=	0.24

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.

Honkarakenne Oyj Days Inventory Related Terms

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

Honkarakenne Oyj (OHEL:HONBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Honkarakenne Oyj (OHEL:HONBS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hongantie 41, Karstula, FIN, FI-43500

Website

https://www.honka.com

Honkarakenne Oyj is a Finnish company engaged in the manufacture and sales of log houses in Finland and abroad. It supplies contemporary log homes, traditional log homes, holiday lodges and log cabins for organic, healthy and ecological living. The company also offers services including Honka design service, building service, and extension service. Its business is divided into two geographical operating segments including Finland and Export. The company derives a majority of its revenue from Finland.

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