Huddled Group (LSE:HUD) Days Inventory : 74.84 (As of Jun. 2023)

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What is Huddled Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Huddled Group's Average Total Inventories for the six months ended in Jun. 2023 was £0.06 Mil. Huddled Group's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.14 Mil. Hence, Huddled Group's Days Inventory for the six months ended in Jun. 2023 was 74.84.

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

LSE:HUD' s Days Inventory Range Over the Past 10 Years
Min: 19.17 Med: 23.29 Max: 35.87
Current: 24.89

During the past 6 years, Huddled Group's highest Days Inventory was 35.87. The lowest was 19.17. And the median was 23.29.

LSE:HUD's Days Inventory is ranked better than
50.53% of 657 companies
in the Media - Diversified industry
Industry Median: 26.06 vs LSE:HUD: 24.89

Huddled Group's Days Inventory declined from Jun. 2022 (111.89) to Jun. 2023 (74.84).

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. Huddled Group's Inventory Turnover for the six months ended in Jun. 2023 was 2.44.

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. Huddled Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.92.

Huddled Group Days Inventory Historical Data

The historical data trend for Huddled Group'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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Huddled Group Days Inventory Chart

Huddled Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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33.81

19.35

23.29

19.17

35.87

Huddled Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial							21.91	21.77	111.89	17.54	74.84

Competitive Comparison of Huddled Group's Days Inventory

For the Entertainment subindustry, Huddled Group'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.

Huddled Group's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Huddled Group's Days Inventory distribution charts can be found below:

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

Huddled Group Days Inventory Calculation

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

Huddled Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.103	+	0.067)	/	2 )	/	0.865	*	365
=	0.085					/	0.865	*	365
=	35.87

Huddled Group'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: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.067	+	0.047)	/	2 )	/	0.139	*	365 / 2
=	0.057					/	0.139	*	365 / 2
=	74.84

Huddled Group (LSE:HUD) 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.

Huddled Group's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.139	/	0.057
	=	2.44

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.

Huddled Group's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.057	/	0.062
	=	0.92

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.

Huddled Group Days Inventory Related Terms

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

Huddled Group (LSE:HUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huddled Group PLC (LSE:HUD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Mount Street, Cumberland Court, Nottingham, ENG, NG1 6HH

Website

https://www.letsexploregroup.com

Huddled Group PLC formerly Immotion Group PLC provides virtual reality platforms. The principal activities of the Group were: (i) the provision of virtual reality (VR) experiences to partner sites on a revenue share basis and in its own ImmotionVR sites; (ii) the sale of the Group's Let's Explore consumer product; and (iii) the sale of the Group's Uvisan UV-C cleansing products. Activities (i) and (iii) have been disposed of since the reporting date and are included in discontinued operations.