Hasbro (Hasbro) Total Inventories

: $332 Mil (As of Dec. 2023)

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Hasbro's total inventories for the quarter that ended in Dec. 2023 was $332 Mil. Hasbro's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $475 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hasbro's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-28.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hasbro's Days Inventory for the three months ended in Dec. 2023 was 61.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hasbro's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.49.

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. Hasbro's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.

Hasbro Total Inventories Historical Data

The historical data trend for Hasbro'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.

* Premium members only.

Hasbro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

446.11

395.60

552.10

676.80

332.00

Hasbro Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																676.80	713.40	731.30	617.70	332.00

Hasbro 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.

Hasbro (NAS:HAS) 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.

Hasbro's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(544.8	+	0.75 * 1029.3	+	0.5 * 332	-	5453.9
-	0	-	25.1)	/	138.789
=	-28.79

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

Hasbro's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	474.85	/	706.5	*	365 / 4
	=	61.33

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

Hasbro's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	706.5	/	474.85
	=	1.49

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.

Hasbro's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	474.85	/	1288.9
	=	0.37

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.

Hasbro Total Inventories Related Terms

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Hasbro (Hasbro) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

HAS:Mexico 1HAS:Italy HAS:Germany HAS:Germany H1AS34:Brazil HAS:Austria

Address

1027 Newport Avenue, P.O. Box 1059, Pawtucket, RI, USA, 02861-1059

Website

https://www.hasbro.com

Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. Ownership stakes in Discovery Family, which offers programming around Hasbro brands, and production capabilities (some of which are set to be divested) from Entertainment One helped bolster Hasbro's multichannel presence. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and tied up with Dungeons & Dragons Beyond in 2022, offering the firm access 10 million digital tabletop players.

Executives

Matthew Edward Austin	officer: EVP & Chief Revenue Officer	HASBRO, INC., 1027 NEWPORT AVENUE, PAWTUCKET RI 02861
Gina M Goetter	officer: EVP & CFO	C/O HASBRO, INC., 1027 NEWPORT AVENUE, PAWTUCKET RI 02861
Timothy J. Kilpin	officer: President, Toy, Lic & Ent	HASBRO, INC., 1027 NEWPORT AVENUE, PAWTUCKET RI 02861
Najuma Atkinson	officer: EVP & Chief People Officer	C/O HASBRO, INC., 1011 NEWPORT AVE, PAWTUCKET RI 02861
Cynthia W Williams	officer: President, WOTC	C/O WIZARDS OF THE COAST LLC, 1600 LIND AVENUE, SW, STE 400, RENTON WA 98055
Michael Raymond Burns	director	2700 COLORADO AVENUE, STE 200, SANTA MONICA CA 90404
Christian P Cocks	officer: President & COO, WOTC	C/O HASBRO, INC., 1011 NEWPORT AVE, PAWTUCKET RI 02861
Blake J Jorgensen	director	209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Elizabeth Hamren	director	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Tarrant L. Sibley	officer: SVP,Chief Legal Officer & Sec	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Courtney Thomas J Jr.	officer: EVP, Global Operations	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Deborah Thomas	officer: Sr. VP and Controller	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Michael Hogg	officer: EVP, Chief Commercial Officer	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Eric Nyman	officer: Chief Consumer Officer & COO	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Brian Goldner	officer: President, Toy	C/O HASBRO INC, 1027 NEWPORT AVENUE, PAWTUCKET RI 02862