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Hyliion Holdings (Hyliion Holdings) Days Inventory : 0.00 (As of Mar. 2024)


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What is Hyliion Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hyliion Holdings's Average Total Inventories for the three months ended in Mar. 2024 was $0.00 Mil. Hyliion Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

HYLN' s Days Inventory Range Over the Past 10 Years
Min: 3.91   Med: 15.74   Max: 175.73
Current: 175.73

During the past 5 years, Hyliion Holdings's highest Days Inventory was 175.73. The lowest was 3.91. And the median was 15.74.

HYLN's Days Inventory is ranked worse than
88.12% of 1254 companies
in the Vehicles & Parts industry
Industry Median: 80.76 vs HYLN: 175.73

Hyliion Holdings's Days Inventory declined from Mar. 2023 (62.26) to Mar. 2024 (0.00).

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.

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.


Hyliion Holdings Days Inventory Historical Data

The historical data trend for Hyliion Holdings'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.

Hyliion Holdings Days Inventory Chart

Hyliion Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
- - 16.40 3.91 15.74

Hyliion Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 62.26 261.71 69.48 309.36 -

Competitive Comparison of Hyliion Holdings's Days Inventory

For the Auto Parts subindustry, Hyliion Holdings'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.


Hyliion Holdings's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hyliion Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hyliion Holdings's Days Inventory falls into.



Hyliion Holdings Days Inventory Calculation

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

Hyliion Holdings'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
=( (0.074 + 0) / 1 ) / 1.716*365
=0.074 / 1.716*365
=15.74

Hyliion Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


Hyliion Holdings  (NYSE:HYLN) 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.

Hyliion Holdings'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.

Hyliion Holdings'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.


Hyliion Holdings Days Inventory Related Terms

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


Hyliion Holdings (Hyliion Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1202 BMC Drive, Suite 100, Cedar Park, TX, USA, 78613
Hyliion Holdings Corp is a provider of electrified solutions for the commercial vehicle industry as well as other industries. The company focuses on reducing the carbon intensity and greenhouse gas emissions of the transportation sector by providing electrified powertrain solutions for Class 8 commercial vehicles at the lowest total cost of ownership. It is currently developing two powertrain systems: Hybrid system and Hypertruck ERX system.
Executives
Knight Robert M Jr director UNION PACIFIC CORP, 1416 DODGE ST, OMAHA NE 68179
Cheri Lantz officer: CHIEF STRATEGY OFFICER C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Thomas J. Healy director, 10 percent owner, officer: Chief Executive Officer C/O HYLIION HOLDINGS CORP., 5100 W. 115TH PLACE, LEAWOOD KS 66211
Dennis M. Gallagher officer: Chief Operating Officer C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Jeffrey A Craig director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Vincent T. Cubbage director 725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022
Jon Panzer officer: Chief Financial Officer C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Card Andrew H Jr director 5747 N 4TH STREET, ARLINGTON VA 22205
Melanie Montague Trent director 2800 POST OAK BLVD., SUITE 5450, HOUSTON TX 7056
Rodger L Boehm director 165 WESTVIEW ROAD, WINNETKA IL 60093
Richard Joseph Freeland director 927 JUNCO DRIVE, COLUMBUS IN 47201
Jose Miguel Oxholm officer: VP, General Counsel and CCO C/O HYLIION HOLDINGS CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Patrick Sexton officer: Chief Technology Officer C/O HYLIION HOLDINGS CORP., 5100 W. 115TH PLACE, LEAWOOD KS 66211
Edward E Olkkola director 300 WEST SIXTH STREET STE.2300, AUSTIN TX 78701
Sherri Baker director 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275