Humatech (Humatech) Days Inventory : 7.72 (As of Jul. 2006)

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What is Humatech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Humatech's Average Total Inventories for the three months ended in Jul. 2006 was $0.02 Mil. Humatech's Cost of Goods Sold for the three months ended in Jul. 2006 was $0.25 Mil. Hence, Humatech's Days Inventory for the three months ended in Jul. 2006 was 7.72.

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

HUMT's Days Inventory is not ranked ^*
in the Agriculture industry.
Industry Median: 110.04
* Ranked among companies with meaningful Days Inventory only.

Humatech's Days Inventory increased from Jul. 2005 (1.11) to Jul. 2006 (7.72). It might indicate that Humatech's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Humatech's Inventory Turnover for the three months ended in Jul. 2006 was 11.81.

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. Humatech's Inventory-to-Revenue for the three months ended in Jul. 2006 was 0.05.

Humatech Days Inventory Historical Data

The historical data trend for Humatech'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.

Humatech Days Inventory Chart

Humatech Annual Data

Trend

Apr99

Apr00

Apr01

Apr02

Apr03

Apr04

Apr05

Apr06

Days Inventory

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189.04

111.12

53.88

15.30

3.40

Humatech Quarterly Data
	Oct01	Jan02	Apr02	Jul02	Oct02	Jan03	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06
Days Inventory	Get a 7-Day Free Trial															1.11	-	-	6.96	7.72

Competitive Comparison of Humatech's Days Inventory

For the Agricultural Inputs subindustry, Humatech'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.

Humatech's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Humatech's Days Inventory distribution charts can be found below:

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

Humatech Days Inventory Calculation

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

Humatech's Days Inventory for the fiscal year that ended in Apr. 2006 is calculated as

	Days Inventory (A: Apr. 2006 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2005 )	+	Total Inventories (A: Apr. 2006 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2006 )	*	Days in Period
=	( (0.003	+	0.017)	/	2 )	/	1.075	*	365
=	0.01					/	1.075	*	365
=	3.40

Humatech's Days Inventory for the quarter that ended in Jul. 2006 is calculated as:

	Days Inventory (Q: Jul. 2006 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2006 )	+	Total Inventories (Q: Jul. 2006 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2006 )	*	Days in Period
=	( (0.017	+	0.026)	/	2 )	/	0.254	*	365 / 4
=	0.0215					/	0.254	*	365 / 4
=	7.72

Humatech (OTCPK:HUMT) 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.

Humatech's Inventory Turnover for the three months ended in Jul. 2006 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.254	/	0.0215
	=	11.81

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.

Humatech's Inventory to Revenue for the three months ended in Jul. 2006 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0215	/	0.405
	=	0.05

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.

Humatech Days Inventory Related Terms

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

Humatech (Humatech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Humatech Inc (OTCPK:HUMT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

19416 Park Row, Suite 170, Houston, TX, USA, 77084

Website

http://www.humatech.com

Humatech Inc manufactures and distributes mineral-based animal feed supplements to the animal feeding industry. The company also manufactures and distributes organic-based fertilizer products to two primary groups: commercial growers of agricultural crops, and mass merchandisers and independent nurseries in the retail lawn and garden market.

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