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Hoffmann Green Cement Technologies (XPAR:ALHGR) Days Inventory : 227.35 (As of Dec. 2023)


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What is Hoffmann Green Cement Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hoffmann Green Cement Technologies's Average Total Inventories for the six months ended in Dec. 2023 was €3.60 Mil. Hoffmann Green Cement Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was €2.89 Mil. Hence, Hoffmann Green Cement Technologies's Days Inventory for the six months ended in Dec. 2023 was 227.35.

The historical rank and industry rank for Hoffmann Green Cement Technologies's Days Inventory or its related term are showing as below:

XPAR:ALHGR' s Days Inventory Range Over the Past 10 Years
Min: 339.17   Med: 483.79   Max: 545.34
Current: 339.17

During the past 8 years, Hoffmann Green Cement Technologies's highest Days Inventory was 545.34. The lowest was 339.17. And the median was 483.79.

XPAR:ALHGR's Days Inventory is ranked worse than
91.03% of 368 companies
in the Building Materials industry
Industry Median: 83.49 vs XPAR:ALHGR: 339.17

Hoffmann Green Cement Technologies's Days Inventory declined from Dec. 2022 (287.44) to Dec. 2023 (227.35).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hoffmann Green Cement Technologies's Inventory Turnover for the six months ended in Dec. 2023 was 0.80.

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. Hoffmann Green Cement Technologies's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.84.


Hoffmann Green Cement Technologies Days Inventory Historical Data

The historical data trend for Hoffmann Green Cement Technologies'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.

Hoffmann Green Cement Technologies Days Inventory Chart

Hoffmann Green Cement Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - - 483.79 545.34 345.78

Hoffmann Green Cement Technologies Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 443.27 - 287.44 572.64 227.35

Competitive Comparison of Hoffmann Green Cement Technologies's Days Inventory

For the Building Materials subindustry, Hoffmann Green Cement Technologies'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.


Hoffmann Green Cement Technologies's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hoffmann Green Cement Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hoffmann Green Cement Technologies's Days Inventory falls into.



Hoffmann Green Cement Technologies Days Inventory Calculation

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

Hoffmann Green Cement Technologies'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
=( (4.55 + 3.438) / 2 ) / 4.216*365
=3.994 / 4.216*365
=345.78

Hoffmann Green Cement Technologies'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3.765 + 3.438) / 2 ) / 2.891*365 / 2
=3.6015 / 2.891*365 / 2
=227.35

* 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.


Hoffmann Green Cement Technologies  (XPAR:ALHGR) 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.

Hoffmann Green Cement Technologies'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.

Hoffmann Green Cement Technologies'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.


Hoffmann Green Cement Technologies Days Inventory Related Terms

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


Hoffmann Green Cement Technologies (XPAR:ALHGR) Business Description

Traded in Other Exchanges
Address
6 rue de la Bretaudiere, Chaille under the Ormeaux, Rives-de-l Yon, FRA, 85310
Hoffmann Green Cement Technologies is engaged in the production of cement for construction and land use planning.

Hoffmann Green Cement Technologies (XPAR:ALHGR) Headlines

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