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Blue Moon Group Holdings (HKSE:06993) Days Inventory : 30.95 (As of Dec. 2023)


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What is Blue Moon Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Blue Moon Group Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$303 Mil. Blue Moon Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,788 Mil. Hence, Blue Moon Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 30.95.

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

HKSE:06993' s Days Inventory Range Over the Past 10 Years
Min: 34.82   Med: 62.16   Max: 78.62
Current: 38.44

During the past 7 years, Blue Moon Group Holdings's highest Days Inventory was 78.62. The lowest was 34.82. And the median was 62.16.

HKSE:06993's Days Inventory is ranked better than
84.71% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.92 vs HKSE:06993: 38.44

Blue Moon Group Holdings's Days Inventory declined from Dec. 2022 (32.41) to Dec. 2023 (30.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. Blue Moon Group Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 5.90.

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. Blue Moon Group Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.06.

Blue Moon Group Holdings Days Inventory Historical Data

The historical data trend for Blue Moon Group 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.

* Premium members only.

Blue Moon Group Holdings Days Inventory Chart

Blue Moon Group Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 69.52 62.16 49.44 35.88 34.82

Blue Moon Group Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.39 55.44 32.41 56.96 30.95

Competitive Comparison of Blue Moon Group Holdings's Days Inventory

For the Household & Personal Products subindustry, Blue Moon Group 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.

Blue Moon Group Holdings's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Blue Moon Group Holdings's Days Inventory falls into.


Blue Moon Group Holdings Days Inventory Calculation

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

Blue Moon Group 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
=( (272.9 + 258.16) / 2 ) / 2783.112*365
=265.53 / 2783.112*365
=34.82

Blue Moon Group Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (348.234 + 258.16) / 2 ) / 1787.981*365 / 2
=303.197 / 1787.981*365 / 2
=30.95

* 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.

Blue Moon Group Holdings  (HKSE:06993) 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.

Blue Moon Group Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1787.981 / 303.197
=5.90

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.

Blue Moon Group Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=303.197 / 5100.805
=0.06

* 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.

Blue Moon Group Holdings Days Inventory Related Terms

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

Blue Moon Group Holdings (HKSE:06993) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Blue Moon Group Holdings Ltd (HKSE:06993) » Definitions » Days Inventory
Comparable Companies
HKSE:02145 HKSE:06601 HKSE:03331 HKSE:00157 HKSE:01925 HKSE:02023 HKSE:03828 HKSE:06893 HKSE:01962 HKSE:00399 PG XPAR:OR LSE:ULVR BOM:500696 CL LSE:RKT KMB EL KVUE XTER:BEI
Traded in Other Exchanges
BLUMY:USA
Address
No. 36, Pu Nan Road, Yun Pu Industrial Zone, Huangpu District, Guangzhou, CHN, 510760
Website
https://www.bluemoon.com.cn
Blue Moon has a portfolio of market-leading products in three categories: fabric care, personal hygiene, and home care. Fabric care comprises around 85% of the group's revenue. As a pioneer in China's household care market, it holds a leading market share by value in China's liquid laundry detergent and liquid soap markets, as at 2022. Blue Moon is also an early entrant into e-commerce, with the online channel contributing over half of 2022 sales. Most of Blue Moon's core products are marketed under the namesake brand.

Blue Moon Group Holdings (HKSE:06993) Headlines

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