BLUMY (Blue Moon Group Holdings) Total Inventories : $52 Mil (As of Jun. 2024)

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What is Blue Moon Group Holdings Total Inventories?

Blue Moon Group Holdings's total inventories for the quarter that ended in Jun. 2024 was $52 Mil. Blue Moon Group Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was $43 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Blue Moon Group Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Blue Moon Group Holdings's Days Inventory for the six months ended in Jun. 2024 was 47.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Blue Moon Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 3.88.

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. Blue Moon Group Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.11.

Blue Moon Group Holdings Total Inventories Historical Data

The historical data trend for Blue Moon Group Holdings's Total Inventories 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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Blue Moon Group Holdings Total Inventories Chart

Blue Moon Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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48.15

60.60

49.49

35.05

33.06

Blue Moon Group Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial								55.62	35.05	44.46	33.06	52.48

Blue Moon Group Holdings Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Blue Moon Group Holdings (OTCPK:BLUMY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Blue Moon Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(801.039	+	0.75 * 134.461	+	0.5 * 52.483	-	182.519
-	0	-	0)	/	1172.6
=	0.64

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

Blue Moon Group Holdings's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	42.7695	/	165.777	*	365 / 2
	=	47.08

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Blue Moon Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	165.777	/	42.7695
	=	3.88

4. 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.

Blue Moon Group Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	42.7695	/	400.916
	=	0.11

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Blue Moon Group Holdings Total Inventories Related Terms

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Blue Moon Group Holdings Business Description

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06993:Hong Kong

Address

No. 36, Pu Nan Road, Yun Pu Industrial Zone, Huangpu District, Guangzhou, CHN, 510760

Website

https://www.bluemoon.com.cn

Blue Moon has a portfolio of market-leading products in three categories: fabric care, personal hygiene, and home care. Fabric care comprises around 85% of the group's revenue. As a pioneer in China's household care market, it holds a leading market share by value in China's liquid laundry detergent and liquid soap markets, as at 2023. Blue Moon is also an early entrant into e-commerce, with the online channel contributing over half of 2023 sales. Most of Blue Moon's core products are marketed under the namesake brand.