HUMBL (HMBL) Days Inventory : 164.67 (As of Dec. 2023)

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What is HUMBL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). HUMBL's Average Total Inventories for the three months ended in Dec. 2023 was $0.27 Mil. HUMBL's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.15 Mil. Hence, HUMBL's Days Inventory for the three months ended in Dec. 2023 was 164.67.

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

HMBL' s Days Inventory Range Over the Past 10 Years
Min: 144.58 Med: 286.51 Max: 2095.22
Current: 543.8

During the past 9 years, HUMBL's highest Days Inventory was 2095.22. The lowest was 144.58. And the median was 286.51.

HMBL's Days Inventory is ranked worse than
97.57% of 1564 companies
in the Software industry
Industry Median: 19.725 vs HMBL: 543.80

HUMBL's Days Inventory declined from Dec. 2022 (1,065.27) to Dec. 2023 (164.67).

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. HUMBL's Inventory Turnover for the three months ended in Dec. 2023 was 0.55.

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. HUMBL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.83.

HUMBL Days Inventory Historical Data

The historical data trend for HUMBL'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.

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HUMBL Days Inventory Chart

HUMBL Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec20

Dec21

Dec22

Dec23

Days Inventory

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289.62

2,095.22

547.50

HUMBL Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															1,065.27	574.09	957.17	785.63	164.67

Competitive Comparison of HUMBL's Days Inventory

For the Software - Application subindustry, HUMBL'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.

HUMBL's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, HUMBL's Days Inventory distribution charts can be found below:

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

HUMBL Days Inventory Calculation

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

HUMBL'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
=	( (1.039	+	0.29)	/	2 )	/	0.443	*	365
=	0.6645					/	0.443	*	365
=	547.50

HUMBL'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
=	( (0.255	+	0.29)	/	2 )	/	0.151	*	365 / 4
=	0.2725					/	0.151	*	365 / 4
=	164.67

HUMBL (OTCPK:HMBL) 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.

HUMBL's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.151	/	0.2725
	=	0.55

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.

HUMBL's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2725	/	0.33
	=	0.83

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.

HUMBL Days Inventory Related Terms

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

HUMBL (HMBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » HUMBL Inc (OTCPK:HMBL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 B Street, Suite 300, San Diego, CA, USA, 92101

Website

https://www.humblpay.com

HUMBL Inc is a digital commerce company. It operates a platform to connect consumers, businesses, and governments in the digital economy. The company's segment includes Consumer and Commercial. It generates maximum revenue from the Consumer segment.

Executives

Dcr, Llc	10 percent owner	5 WICKS END LANE, WILTON CT 06897
David W Whitwell	officer: Chief Financial Officer, VP
Forrest Jordan	director, 10 percent owner, Senior VP, Director	PO BOX 412, PALM CITY FL 34991
Grey Pema	director, 10 percent owner, Senior VP, Director	2403 SW MURPHY RD, PALM CITY FL 34991
Joseph A Equale	director	51 TURTLENECK ROAD, WILTON CT 06807
Paul F Boucher	director, 10 percent owner	1006 SW WOODCREEK DR, PALM CITY FL 34952
James Lafond	director	1005 EATON DR, MCLEAN VA 22102
Carl Anderson	director	2400 BERNVILLE RD, READING PA 19605
Robert B Rogers	director	15 PADDOCK CIRCLE, EAST FALMOUTH MA 02536
Boucher Henry J Jr	director, 10 percent owner, officer: Chief Financial Officer	5 WICKS END LANE, WILTON CT 06897