MOOV (Moove Lubricants Holdings) Days Inventory: 74.25 (As of Jun. 2024)


What is Moove Lubricants Holdings Days Inventory?

Moove Lubricants Holdings MOOV Days Inventory is 74.25 as of Jun. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Moove Lubricants Holdings's Average Total Inventories for the six months ended in Jun. 2024 was $271.01 Mil. Moove Lubricants Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was $666.13 Mil. Hence, Moove Lubricants Holdings's Days Inventory for the six months ended in Jun. 2024 was 74.25.

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

MOOV's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 80.59
* Ranked among companies with meaningful Days Inventory only.

Moove Lubricants Holdings's Days Inventory increased from Jun. 2023 (68.36) to Jun. 2024 (74.25). It might indicate that Moove Lubricants Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Moove Lubricants Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 2.46.

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. Moove Lubricants Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.29.

Moove Lubricants Holdings  (NYSE:MOOV) 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.

Moove Lubricants Holdings's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=666.126 / 271.0145
=2.46

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.

Moove Lubricants Holdings's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=271.0145 / 932.921
=0.29

* 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.

Moove Lubricants Holdings Days Inventory Related Terms

Moove Lubricants Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Moove Lubricants Holdings'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.

Moove Lubricants Holdings Days Inventory Chart

Moove Lubricants Holdings Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
0.00 79.55 67.54

Moove Lubricants Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Days Inventory 0.00 0.00 68.36 66.00 74.25

MOOV vs : Days Inventory Comparison

For the Specialty Chemicals subindustry, Moove Lubricants Holdings'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.

Moove Lubricants Holdings Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Moove Lubricants Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Moove Lubricants Holdings's Days Inventory falls into.


Moove Lubricants Holdings Days Inventory Calculation

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

Moove Lubricants Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (287.749 + 262.809) / 2 ) / 1487.695*365
=275.279 / 1487.695*365
=67.54

Moove Lubricants Holdings's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (262.809 + 279.22) / 2 ) / 666.126*365 / 2
=271.0145 / 666.126*365 / 2
=74.25

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 74.25 mean?
Moove Lubricants Holdings (MOOV) has a Days Inventory of 74.25 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Moove Lubricants Holdings and its competitors.
Is Moove Lubricants Holdings' Days Inventory too high?
Moove Lubricants Holdings' current Days Inventory is 74.25. The Chemicals industry median Days Inventory is 80.59. Moove Lubricants Holdings' value of 74.25 is 7.9% below this industry median.
How does Moove Lubricants Holdings' Days Inventory compare to ?
Moove Lubricants Holdings' Days Inventory of 74.25 can be compared against companies in the Chemicals industry. The industry median Days Inventory is 80.59. Moove Lubricants Holdings' value of 74.25 is 7.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Chemicals company?
The median Days Inventory among Chemicals companies is 80.59, based on 1,544 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Moove Lubricants Holdings's current Days Inventory of 74.25 is 7.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Moove Lubricants Holdings and its competitors. For the Chemicals industry, the median Days Inventory is 80.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moove Lubricants Holdings's current Days Inventory is 74.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moove Lubricants Holdings stock overvalued right now?
Moove Lubricants Holdings (MOOV) has a current Days Inventory of 74.25. The current Days Inventory is 74.25 and 7.9% below the Chemicals industry median of 80.59. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Moove Lubricants Holdings (MOOV), the current Days Inventory is 74.25 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Moove Lubricants Holdings Business Description

Comparable Companies
Address Av. Brigadeiro Faria Lima, 4,100 - 8th Floor, Sao Paul, SP, BRA, 04538-132
Moove Lubricants Holdings is a lubricants solutions provider. The company specializes in the formulation, manufacturing, distribution, marketing, selling and servicing of lubricant products across a diverse range of end markets and customers.