Days Inventory is also known as Days Sales of Inventory (DSI). The Honest Co's Average Total Inventories for the
three
months ended in Sep. 2024 was $74.2 Mil. The Honest Co's Cost of Goods Sold for the
three
months ended in Sep. 2024 was $60.8 Mil.
Hence, The Honest Co's Days Inventory for the
three
months ended in Sep. 2024 was 111.28.
The historical rank and industry rank for The Honest Co's Days Inventory or its related term are showing as below:
HNST'
s Days Inventory Range Over the Past 10 Years
Min: 117.95 Med: 132.72 Max: 157.76
Current: 117.95
During the past 5 years, The Honest Co's highest Days Inventory was 157.76. The lowest was 117.95. And the median was 132.72.
HNST's Days Inventory is ranked worse than 69.24% of 1811
companies
in the Consumer Packaged Goods industry
Industry Median: 81.87
vs HNST: 117.95
The Honest Co's Days Inventory
declined
from Sep. 2023 (125.05) to Sep. 2024 (111.28).
Inventory Turnover measures how fast the company turns over its inventory within a year.
The Honest Co's Inventory Turnover for the
three
months ended in Sep. 2024 was 0.82.
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.
The Honest Co's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.75.
The Honest Co Days Inventory Historical Data
The historical data trend for The Honest 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 The Honest Co's Days Inventory
For the Household & Personal Products subindustry, The Honest 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.
The Honest Co's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Honest Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where The Honest Co's Days Inventory falls into.
The Honest Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The Honest Co's Days Inventory for the fiscal year that ended in Dec. 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.
The Honest Co (NAS:HNST) 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.
The Honest Co's Inventory Turnover for the
three
months ended in Sep. 2024 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.
The Honest Co's Inventory to Revenue for the
three
months ended in Sep. 2024 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.
The Honest Co Days Inventory Related Terms
Thank you for viewing the detailed overview of The Honest Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
The Honest Co Inc is a digitally-native consumer products company to makes purpose-driven consumer products designed for all people. It is an omnichannel brand, ensuring its products are available wherever its consumers shop through the company's Retail and Digital channels. It has three product categories namely; Diapers and Wipes, Skin and Personal Care, and Household and Wellness, out of which the majority of its revenue is generated from the sale of diapers and wipes. The company operates only in the United States.
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