Humble & Fume (XCNQ:HMBL) Days Inventory : 77.09 (As of Jun. 2023)

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What is Humble & Fume Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Humble & Fume's Average Total Inventories for the three months ended in Jun. 2023 was C$10.66 Mil. Humble & Fume's Cost of Goods Sold for the three months ended in Jun. 2023 was C$12.62 Mil. Hence, Humble & Fume's Days Inventory for the three months ended in Jun. 2023 was 77.09.

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

XCNQ:HMBL' s Days Inventory Range Over the Past 10 Years
Min: 78.78 Med: 103.75 Max: 151.53
Current: 107.06

During the past 5 years, Humble & Fume's highest Days Inventory was 151.53. The lowest was 78.78. And the median was 103.75.

XCNQ:HMBL's Days Inventory is not ranked
in the Tobacco Products industry.
Industry Median: 146.96 vs XCNQ:HMBL: 107.06

Humble & Fume's Days Inventory declined from Mar. 2022 (109.09) to Jun. 2023 (77.09).

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. Humble & Fume's Inventory Turnover for the three months ended in Jun. 2023 was 1.18.

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. Humble & Fume's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.73.

Humble & Fume Days Inventory Historical Data

The historical data trend for Humble & Fume'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.

Humble & Fume Days Inventory Chart

Humble & Fume Annual Data

Trend

Jul19

Jun20

Jun21

Jun22

Jun23

Days Inventory

151.53

97.85

109.65

78.78

Humble & Fume Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Days Inventory	Get a 7-Day Free Trial										109.09	111.96	78.92	83.42	77.09

Competitive Comparison of Humble & Fume's Days Inventory

For the Tobacco subindustry, Humble & Fume'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.

Humble & Fume's Days Inventory Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Humble & Fume's Days Inventory distribution charts can be found below:

* The bar in red indicates where Humble & Fume's Days Inventory falls into.

Humble & Fume Days Inventory Calculation

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

Humble & Fume's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (15.382	+	9.802)	/	2 )	/	58.339	*	365
=	12.592					/	58.339	*	365
=	78.78

Humble & Fume's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (11.514	+	9.802)	/	2 )	/	12.616	*	365 / 4
=	10.658					/	12.616	*	365 / 4
=	77.09

Humble & Fume (XCNQ: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.

Humble & Fume's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.616	/	10.658
	=	1.18

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.

Humble & Fume's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.658	/	14.501
	=	0.73

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.

Humble & Fume Days Inventory Related Terms

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Humble & Fume (XCNQ:HMBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Humble & Fume Inc (XCNQ:HMBL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

HUMBF:USA

Address

1 Eva Road, Suite 416, Etobicoke, ON, CAN, M9C 4Z5

Website

https://www.humbleandfume.com

Humble & Fume Inc is a cannabis distribution solution providing customer-centric services and accessories. It is a fully integrated cannabis distribution solution for retailers, Canadian licensed cannabis producers, American multi-state operators, and cannabis customers. Its products include Amethyst Crystal Pipe, Invincipole Replacement Screens, Replacement Bowl Screens, Invincipole Aluminum & Steel Downstem, MouthPeace Filter Refill Display, MouthPeace Full Kit Display, Unbleached Pure Wood Cones, Blend Unbleached Pure Hemp & Flax Cones among others. The firm operates in the segment in two geographical locations: Canada and the USA of which it generates substantial revenue from the USA.