Hydract A/S (OCSE:HYDRCT) Days Inventory : 86.93 (As of Dec. 2023)

Hydract A/S Days Inventory Chart

Hydract A/S Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				218.21	510.06	285.37	527.69	86.93

Competitive Comparison of Hydract A/S's Days Inventory

For the Specialty Industrial Machinery subindustry, Hydract A/S'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.

Hydract A/S's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hydract A/S's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hydract A/S's Days Inventory falls into.

Hydract A/S Days Inventory Calculation

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

Hydract A/S's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Hydract A/S's Days Inventory for the quarter 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.

Hydract A/S  (OCSE:HYDRCT) 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.

Hydract A/S's Inventory Turnover for the six 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.

Hydract A/S's Inventory to Revenue for the six 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.

Hydract A/S Days Inventory Related Terms

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Hydract A/S (OCSE:HYDRCT) Business Description