HUMBL (HMBL) Total Inventories : $0.22 Mil (As of Sep. 2024)

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What is HUMBL Total Inventories?

HUMBL's total inventories for the quarter that ended in Sep. 2024 was $0.22 Mil. HUMBL's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $0.23 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. HUMBL's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HUMBL's Days Inventory for the three months ended in Sep. 2024 was 521.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. HUMBL's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.17.

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. HUMBL's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.06.

HUMBL Total Inventories Historical Data

The historical data trend for HUMBL'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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HUMBL Total Inventories Chart

HUMBL Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec20

Dec21

Dec22

Dec23

Total Inventories

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30.68

1.04

0.29

HUMBL Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial															0.26	0.29	0.25	0.25	0.22

HUMBL 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.

HUMBL (OTCPK:HMBL) 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.

HUMBL's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3.074	+	0.75 * 0	+	0.5 * 0.218	-	5.572
-	0	-	0)	/	18917.7
=	-0.00

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

HUMBL's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0.2345	/	0.041	*	365 / 4
	=	521.91

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

HUMBL's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	0.041	/	0.2345
	=	0.17

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.

HUMBL's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0.2345	/	0.114
	=	2.06

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.

HUMBL Total Inventories Related Terms

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HUMBL Business Description

Industry

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Traded in Other Exchanges

N/A

Address

101 W. Broadway, Suite 1450, San Diego, CA, USA, 92101

Website

https://www.humblpay.com

HUMBL Inc is a digital commerce company. It operates a platform to connect consumers, businesses, and governments in the digital economy. HUMBL provides simple tools and packaging for complex new technologies such as blockchain, in the same way that previous cycles of e-commerce and the cloud were more simply packaged by companies such as Facebook, Apple, Amazon and Netflix over the past several decades. The company's segment includes Consumer and Commercial. It generates maximum revenue from the Consumer segment. They account for revenues based on the verticals in which they were earned, the three principal verticals being HUMBL Wallet, and HUMBL Marketplace, HBS.

Executives

Dcr, Llc	10 percent owner	5 WICKS END LANE, WILTON CT 06897
David W Whitwell	officer: Chief Financial Officer, VP
Forrest Jordan	director, 10 percent owner, Senior VP, Director	PO BOX 412, PALM CITY FL 34991
Grey Pema	director, 10 percent owner, Senior VP, Director	2403 SW MURPHY RD, PALM CITY FL 34991
Joseph A Equale	director	51 TURTLENECK ROAD, WILTON CT 06807
Paul F Boucher	director, 10 percent owner	1006 SW WOODCREEK DR, PALM CITY FL 34952
James Lafond	director	1005 EATON DR, MCLEAN VA 22102
Carl Anderson	director	2400 BERNVILLE RD, READING PA 19605
Robert B Rogers	director	15 PADDOCK CIRCLE, EAST FALMOUTH MA 02536
Boucher Henry J Jr	director, 10 percent owner, officer: Chief Financial Officer	5 WICKS END LANE, WILTON CT 06897