GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hydrograph Clean Power Inc (XCNQ:HG) » Definitions » Days Inventory

Hydrograph Clean Power (XCNQ:HG) Days Inventory : 45.63 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Hydrograph Clean Power Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hydrograph Clean Power's Average Total Inventories for the three months ended in Dec. 2023 was C$0.00 Mil. Hydrograph Clean Power's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.01 Mil. Hence, Hydrograph Clean Power's Days Inventory for the three months ended in Dec. 2023 was 45.63.

The historical rank and industry rank for Hydrograph Clean Power's Days Inventory or its related term are showing as below:

XCNQ:HG' s Days Inventory Range Over the Past 10 Years
Min: 10.43   Med: 10.43   Max: 40.91
Current: 40.91

During the past 4 years, Hydrograph Clean Power's highest Days Inventory was 40.91. The lowest was 10.43. And the median was 10.43.

XCNQ:HG's Days Inventory is ranked better than
83.72% of 1493 companies
in the Chemicals industry
Industry Median: 82.19 vs XCNQ:HG: 40.91

Hydrograph Clean Power's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (45.63). It might indicate that Hydrograph Clean Power'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. Hydrograph Clean Power's Inventory Turnover for the three months ended in Dec. 2023 was 2.00.

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. Hydrograph Clean Power's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.63.


Hydrograph Clean Power Days Inventory Historical Data

The historical data trend for Hydrograph Clean Power'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.

Hydrograph Clean Power Days Inventory Chart

Hydrograph Clean Power Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Days Inventory
- - - 10.43

Hydrograph Clean Power Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 54.75 28.08 45.63 45.63

Competitive Comparison of Hydrograph Clean Power's Days Inventory

For the Specialty Chemicals subindustry, Hydrograph Clean Power'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.


Hydrograph Clean Power's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hydrograph Clean Power's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hydrograph Clean Power's Days Inventory falls into.



Hydrograph Clean Power Days Inventory Calculation

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

Hydrograph Clean Power's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0 + 0.001) / 1 ) / 0.035*365
=0.001 / 0.035*365
=10.43

Hydrograph Clean Power'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.001 + 0.004) / 2 ) / 0.005*365 / 4
=0.0025 / 0.005*365 / 4
=45.63

* 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.


Hydrograph Clean Power  (XCNQ:HG) 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.

Hydrograph Clean Power'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.

Hydrograph Clean Power'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.


Hydrograph Clean Power Days Inventory Related Terms

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


Hydrograph Clean Power (XCNQ:HG) Business Description

Traded in Other Exchanges
Address
1 King Street West, Suite 4800-118, Toronto, ON, CAN, M5H 1A1
Hydrograph Clean Power Inc is engaged in the acquisition and development of graphene and hydrogen-related products and services. The company is a commercial manufacturer of high-quality nanomaterials and alternative-energy fuels.