Days Inventory is also known as Days Sales of Inventory (DSI). Hexagon AB's Average Total Inventories for the
three
months ended in Mar. 2024 was kr6,738 Mil. Hexagon AB's Cost of Goods Sold for the
three
months ended in Mar. 2024 was kr4,939 Mil.
Hence, Hexagon AB's Days Inventory for the
three
months ended in Mar. 2024 was 124.49.
The historical rank and industry rank for Hexagon AB's Days Inventory or its related term are showing as below:
OSTO:HEXA B'
s Days Inventory Range Over the Past 10 Years
Min: 97.73 Med: 114.72 Max: 124.45
Current: 116.15
During the past 13 years, Hexagon AB's highest Days Inventory was 124.45. The lowest was 97.73. And the median was 114.72.
OSTO:HEXA B's Days Inventory is ranked worse than 56.42% of 2407
companies
in the Hardware industry
Industry Median: 102.45
vs OSTO:HEXA B: 116.15
Hexagon AB's Days Inventory
declined
from Mar. 2023 (125.83) to Mar. 2024 (124.49).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hexagon AB's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.73.
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.
Hexagon AB's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.46.
Hexagon AB Days Inventory Historical Data
The historical data trend for Hexagon AB'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 Hexagon AB's Days Inventory
For the Scientific & Technical Instruments subindustry, Hexagon AB'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.
Hexagon AB's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Hexagon AB's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hexagon AB's Days Inventory falls into.
Hexagon AB Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hexagon AB'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.
Hexagon AB (OSTO:HEXA B) 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.
Hexagon AB's Inventory Turnover for the
three
months ended in Mar. 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.
Hexagon AB's Inventory to Revenue for the
three
months ended in Mar. 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.
Hexagon AB Days Inventory Related Terms
Thank you for viewing the detailed overview of Hexagon AB's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hexagon AB provides information technology for industrial applications. It offers solutions in two segments: geospatial enterprise solutions and industrial enterprise solutions. Each segment contributes roughly half of the firm's overall revenue. Hexagon's geospatial solutions are used for infrastructure, mining, agriculture, and public safety. The industrial enterprise solutions are used to measure and inspect the quality of complex parts used in manufacturing processes. Hexagon's largest geographic markets are Americas and EMEA, with each market contributing more than a fourth of the firm's overall revenue.
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