The Home Depot's total inventories for the quarter that ended in Jan. 2024 was $20,976 Mil. The Home Depot's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $21,891 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. The Home Depot's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-59.65.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The Home Depot's Days Inventory for the
three
months ended in Jan. 2024 was 85.81.
Inventory Turnover measures how fast the company turns over its inventory within a year.
The Home Depot's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.06.
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.
The Home Depot's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.63.
The Home Depot Total Inventories Historical Data
The historical data trend for The Home Depot'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.
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.
The Home Depot (NYSE:HD) 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.
The Home Depot's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is
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.
The Home Depot's Inventory to Revenue for the quarter that ended in Jan. 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
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.
The Home Depot Total Inventories Related Terms
Thank you for viewing the detailed overview of The Home Depot's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply (2020). Moreover, the additions of the Company Store brought textile exposure to the lineup, while Redi Carpet added multifamily flooring.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HD has been successfully added to your 