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Hennes & Mauritz AB (Hennes & Mauritz AB) Change In Inventory : $306 Mil (TTM As of Feb. 2024)


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What is Hennes & Mauritz AB Change In Inventory?

Hennes & Mauritz AB's change in inventory for the quarter that ended in Feb. 2024 was $-55 Mil. It means Hennes & Mauritz AB's inventory increased by $55 Mil from Nov. 2023 to Feb. 2024 .

Hennes & Mauritz AB's change in inventory for the fiscal year that ended in Nov. 2023 was $492 Mil. It means Hennes & Mauritz AB's inventory declined by $492 Mil from Nov. 2022 to Nov. 2023 .

Hennes & Mauritz AB's Total Inventories for the quarter that ended in Feb. 2024 was $3,609 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hennes & Mauritz AB's Days Inventory for the quarter that ended in Feb. 2024 was 130.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hennes & Mauritz AB's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.70.

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. Hennes & Mauritz AB's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.69.


Hennes & Mauritz AB Change In Inventory Historical Data

The historical data trend for Hennes & Mauritz AB's Change In 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.

Hennes & Mauritz AB Change In Inventory Chart

Hennes & Mauritz AB Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.33 -228.72 143.46 -348.84 491.87

Hennes & Mauritz AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Change In 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 141.83 300.64 -147.84 208.17 -55.34

Hennes & Mauritz AB Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $306 Mil.

* 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.


Hennes & Mauritz AB  (OTCPK:HNNMY) Change In Inventory Explanation

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

Hennes & Mauritz AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3555.2265/2494.965*365 / 4
=130.03

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

Hennes & Mauritz AB's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

3. 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.

Hennes & Mauritz AB's Inventory to Revenue for the quarter that ended in Feb. 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.


Hennes & Mauritz AB Change In Inventory Related Terms

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Hennes & Mauritz AB (Hennes & Mauritz AB) Business Description

Address
Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38
Hennes & Mauritz is a global multibrand fashion conglomerate that was founded in 1947. Its flagship H&M brand accounts for most of revenue, but the newer brands (COS, &Other Stories, Monki, Weekday, and newly launched Arket) are growing a bit faster. H&M commands low-single-digit market share in a fragmented global apparel market. Just under 70% of revenue is generated in Europe and Africa, 14% in Asia and Oceania, and 23% in North and South America. The company operates around 4,400 stores globally of which 3,947 are H&M-brand stores.

Hennes & Mauritz AB (Hennes & Mauritz AB) Headlines