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Hilton Grand Vacations (Hilton Grand Vacations) Total Inventories : $1,400 Mil (As of Dec. 2023)


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What is Hilton Grand Vacations Total Inventories?

Hilton Grand Vacations's total inventories for the quarter that ended in Dec. 2023 was $1,400 Mil. Hilton Grand Vacations's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1,354 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hilton Grand Vacations's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-32.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hilton Grand Vacations's Days Inventory for the three months ended in Dec. 2023 was 180.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hilton Grand Vacations's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.51.

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. Hilton Grand Vacations's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.33.


Hilton Grand Vacations Total Inventories Historical Data

The historical data trend for Hilton Grand Vacations'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.

Hilton Grand Vacations Total Inventories Chart

Hilton Grand Vacations Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 558.00 702.00 1,240.00 1,159.00 1,400.00

Hilton Grand Vacations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 1,159.00 1,300.00 1,280.00 1,308.00 1,400.00

Hilton Grand Vacations 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.


Hilton Grand Vacations  (NYSE:HGV) 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.

Hilton Grand Vacations'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)
=(589+0.75 * 2456+0.5 * 1400-6570
-0-0)/105.961
=-32.46

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

Hilton Grand Vacations'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
=1354/686*365 / 4
=180.11

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

Hilton Grand Vacations'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 )
=686 / 1354
=0.51

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.

Hilton Grand Vacations'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 )
=1354 / 1019
=1.33

* 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.


Hilton Grand Vacations Total Inventories Related Terms

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Hilton Grand Vacations (Hilton Grand Vacations) Business Description

Traded in Other Exchanges
Address
6355 MetroWest Boulevard, Suite 180, Orlando, FL, USA, 32835
Hilton Grand Vacations Inc is a timeshare company engaged in developing, marketing, selling, managing and operating timeshare resorts, timeshare plans and ancillary reservation services, under the Hilton Grand Vacations brand. The company operates business in the following two segments: (i) Real estate sales and financing and (ii) Resort operations and club management. The majority of the company's revenue is earned through the Resort operations and club management segment.
Executives
Carlos Hernandez officer: See Remarks 5323 MILLENIA LAKES BOULEVARD, SUITE 120, ORLANDO FL 32839
Mark D Wang director, officer: See Remarks 5323 MILLENIA LAKES BLVD, ORLANDO FL 32801
Gordon Gurnik officer: See Remarks C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Daniel Jason Mathewes officer: See Remarks 5323 MILLENIA LAKES BLVD., SUITE 400, ORLANDO FL 32839
Corbin Charles R. Jr. officer: EVP & General Counsel C/O HILTON GRAND VACATIONS INC., 6355 METROWEST BOULEVARD, SUITE 180, ORLANDO FL 32835
Jorge Pablo Brizi officer: See Remarks 5323 MILLENIA LAKES BOULEVARD, SUITE120, ORLANDO FL 32839
Apollo Principal Holdings Iii Gp Ltd 10 percent owner C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Ap Viii Dakota Holdings, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Ap Dakota Co-invest Gp, Llc 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Hoek Alex Van director APOLLO GLOBAL MANAGEMENT INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 100019
Apollo Capital Management Viii, Llc 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Apollo Advisors Viii, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Aph Holdings, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
David Sambur director 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Sherri A Silver officer: EVP & Chief Marketing Officer 100 ERIE INSURANCE PLACE, ERIE PA 16530