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Hagar hf (OISE:HAGA) Days Inventory : 35.05 (As of Feb. 2024)


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What is Hagar hf Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hagar hf's Average Total Inventories for the three months ended in Feb. 2024 was kr12,999 Mil. Hagar hf's Cost of Goods Sold for the three months ended in Feb. 2024 was kr33,836 Mil. Hence, Hagar hf's Days Inventory for the three months ended in Feb. 2024 was 35.05.

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

OISE:HAGA' s Days Inventory Range Over the Past 10 Years
Min: 27.66   Med: 32.57   Max: 35.04
Current: 33.12

During the past 13 years, Hagar hf's highest Days Inventory was 35.04. The lowest was 27.66. And the median was 32.57.

OISE:HAGA's Days Inventory is ranked better than
54.82% of 301 companies
in the Retail - Defensive industry
Industry Median: 35.95 vs OISE:HAGA: 33.12

Hagar hf's Days Inventory declined from Feb. 2023 (37.96) to Feb. 2024 (35.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hagar hf's Inventory Turnover for the three months ended in Feb. 2024 was 2.60.

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. Hagar hf's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.30.


Hagar hf Days Inventory Historical Data

The historical data trend for Hagar hf'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.

Hagar hf Days Inventory Chart

Hagar hf Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.50 33.67 33.16 32.63 34.28

Hagar hf Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.96 33.12 30.36 32.88 35.05

Competitive Comparison of Hagar hf's Days Inventory

For the Grocery Stores subindustry, Hagar hf'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.


Hagar hf's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Hagar hf's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hagar hf's Days Inventory falls into.



Hagar hf Days Inventory Calculation

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

Hagar hf's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (12717 + 13068) / 2 ) / 137281*365
=12892.5 / 137281*365
=34.28

Hagar hf's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (12929 + 13068) / 2 ) / 33836*365 / 4
=12998.5 / 33836*365 / 4
=35.05

* 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.


Hagar hf  (OISE:HAGA) 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.

Hagar hf's Inventory Turnover for the three months ended in Feb. 2024 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.

Hagar hf's Inventory to Revenue for the three months ended in Feb. 2024 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.


Hagar hf Days Inventory Related Terms

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


Hagar hf (OISE:HAGA) Business Description

Traded in Other Exchanges
N/A
Address
Hagasmari 1, Kopavogur, ISL, 201
Hagar hf is a retail company located in Iceland. The company with its subsidiaries operate stores within retail chains as well as warehouses. It also operates specialty product division within Hagkaup grocery retailer and several specialty stores offering lifestyle and retail brands. The firm mainly operates in grocery sector and owns Hagkaup and Bonus grocery retailers and also support service companies in the fields of purchasing and distribution.

Hagar hf (OISE:HAGA) Headlines

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