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Humble Group AB (STU:B39) Days Inventory : 72.47 (As of Mar. 2024)


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What is Humble Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Humble Group AB's Average Total Inventories for the three months ended in Mar. 2024 was €89.2 Mil. Humble Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €112.3 Mil. Hence, Humble Group AB's Days Inventory for the three months ended in Mar. 2024 was 72.47.

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

STU:B39' s Days Inventory Range Over the Past 10 Years
Min: 71.97   Med: 106.45   Max: 13450.74
Current: 75.24

During the past 12 years, Humble Group AB's highest Days Inventory was 13450.74. The lowest was 71.97. And the median was 106.45.

STU:B39's Days Inventory is ranked better than
55.64% of 1790 companies
in the Consumer Packaged Goods industry
Industry Median: 83.705 vs STU:B39: 75.24

Humble Group AB's Days Inventory declined from Mar. 2023 (84.65) to Mar. 2024 (72.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Humble Group AB's Inventory Turnover for the three months ended in Mar. 2024 was 1.26.

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 Group AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.55.


Humble Group AB Days Inventory Historical Data

The historical data trend for Humble Group AB'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 Group AB Days Inventory Chart

Humble Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.49 354.37 98.52 86.55 72.61

Humble Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.65 82.86 77.83 67.82 72.47

Competitive Comparison of Humble Group AB's Days Inventory

For the Packaged Foods subindustry, Humble Group AB'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 Group AB's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Humble Group AB's Days Inventory distribution charts can be found below:

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



Humble Group AB Days Inventory Calculation

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

Humble Group AB'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
=( (88.051 + 84.033) / 2 ) / 432.504*365
=86.042 / 432.504*365
=72.61

Humble Group AB's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (84.033 + 94.374) / 2 ) / 112.313*365 / 4
=89.2035 / 112.313*365 / 4
=72.47

* 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.


Humble Group AB  (STU:B39) 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 Group AB's Inventory Turnover for the three months ended in Mar. 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.

Humble Group AB's Inventory to Revenue for the three months ended in Mar. 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.


Humble Group AB Days Inventory Related Terms

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


Humble Group AB (STU:B39) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Nytorgsgatan 17A, Stockholm, SWE, 116 22
Humble Group AB is a Swedish foodtech and FMCG group. Humble targets the foodtech, eco, sustainability and vegan segments to drive organic growth and acquisitions in the various business units: brands, distribution, manufacturing and ingredients, and R&D. Its technical solutions facilitate new formulations and recipes that improve the taste and consistency of the next generation of sugar-reduced, sustainable, and vegan products.

Humble Group AB (STU:B39) Headlines

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