Days Inventory is also known as Days Sales of Inventory (DSI). Hempacco Co's Average Total Inventories for the
three
months ended in Sep. 2023 was $1.05 Mil. Hempacco Co's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $1.76 Mil.
Hence, Hempacco Co's Days Inventory for the
three
months ended in Sep. 2023 was 54.11.
The historical rank and industry rank for Hempacco Co's Days Inventory or its related term are showing as below:
HPCO'
s Days Inventory Range Over the Past 10 Years
Min: 37.72 Med: 41.32 Max: 86.98
Current: 86.98
During the past 3 years, Hempacco Co's highest Days Inventory was 86.98. The lowest was 37.72. And the median was 41.32.
HPCO's Days Inventory is ranked better than 64.71% of 51
companies
in the Tobacco Products industry
Industry Median: 130.97
vs HPCO: 86.98
Hempacco Co's Days Inventory
declined
from Sep. 2022 (100.63) to Sep. 2023 (54.11).
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.
Hempacco Co's Inventory Turnover for the
three
months ended in Sep. 2023 was 1.69.
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.
Hempacco Co's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.79.
Hempacco Co Days Inventory Historical Data
The historical data trend for Hempacco Co'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.
Competitive Comparison of Hempacco Co's Days Inventory
For the Tobacco subindustry, Hempacco Co'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.
Hempacco Co's Days Inventory Distribution in the Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Hempacco Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hempacco Co's Days Inventory falls into.
Hempacco Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hempacco Co's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Hempacco Co (NAS:HPCO) 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.
Hempacco Co's Inventory Turnover for the
three
months ended in Sep. 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.
Hempacco Co's Inventory to Revenue for the
three
months ended in Sep. 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.
Hempacco Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Hempacco Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.
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