The One Group Hospitality (The One Group Hospitality) Inventory Turnover : 11.35 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is The One Group Hospitality Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. The One Group Hospitality's Cost of Goods Sold for the three months ended in Dec. 2023 was $68.7 Mil. The One Group Hospitality's Average Total Inventories for the quarter that ended in Dec. 2023 was $6.1 Mil. The One Group Hospitality's Inventory Turnover for the quarter that ended in Dec. 2023 was 11.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The One Group Hospitality's Days Inventory for the three months ended in Dec. 2023 was 8.04.

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 One Group Hospitality's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

The One Group Hospitality Inventory Turnover Historical Data

The historical data trend for The One Group Hospitality's Inventory Turnover 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.

The One Group Hospitality Inventory Turnover Chart

The One Group Hospitality Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

42.98

43.64

66.20

51.86

44.82

The One Group Hospitality Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															12.69	12.25	12.64	11.05	11.35

The One Group Hospitality Inventory Turnover Calculation

The One Group Hospitality's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	266.977	/ (	(5.728	+	6.184)	/	2 )
=	266.977	/	5.956
=	44.82

The One Group Hospitality's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	68.694	/ (	(5.923	+	6.184)	/	2 )
=	68.694	/	6.0535
=	11.35

The One Group Hospitality (NAS:STKS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

The One Group Hospitality'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
	=	6.0535	/	68.694	*	365 / 4
	=	8.04

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.

The One Group Hospitality'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 )
	=	6.0535	/	89.936
	=	0.07

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

The One Group Hospitality Inventory Turnover Related Terms

Thank you for viewing the detailed overview of The One Group Hospitality's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

The One Group Hospitality (The One Group Hospitality) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » The One Group Hospitality Inc (NAS:STKS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

XZ9:Germany

Address

1624 Market Street, Suite 311, Denver, CO, USA, 80202

Website

https://www.togrp.com

The One Group Hospitality Inc develops and operates restaurants and lounges and provides food and beverage services for hospitality venues, including hotels, casinos, and other high-end locations internationally. The company operates through four segments: STK, Kona Grill, ONE Hospitality, and Corporate. The company generates the vast majority of its revenue from the domestic market.

Executives

Dimitrios Angelis	director	100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Philotimo Focused Growth & Income Fund	other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Jonathan Segal	director, officer: Director, Business Development	411 WEST 14TH STREET, NEW YORK NY 10014
Haydee Olinger	director	1628 NEWTON AVENUE, PARK RIDGE IL 60068
Eugene M Bullis	director	11825 N PENNSYLVANIA ST, CARMEL PA 46032
Emanuel N Hilario	director, officer: President and CEO	640 N LASALLE STREET, SUITE 295, CHICAGO IL 60610
Christi Hing	officer: Chief Accounting Officer	7150 E. CAMELBACK ROAD, SUITE 220, SCOTTSDALE AZ 85251
Susan Lintonsmith	director	9552 E. SILENT HILLS PLACE, LONE TREE CO 80124
Michael Serruya	director	C/O RESPONSE GENETICS, INC., 1640 MARENGO ST., 6TH FLOOR, LOS ANGELES CA 90033
Tyler Loy	officer: Chief Financial Officer	411 WEST 14TH STREET, NEW YORK NY 10014
David Kanen	10 percent owner, other: Passive Investor	6429 NW 65TH WAY, PARKLAND FL 33067
Linda Siluk	officer: Chief Administrative Officer	C/O FAIRWAY GROUP HOLDINGS CORP., 2284 12TH AVENUE, NEW YORK NY 10027
Philotimo Fund, Lp	10 percent owner, other: Passive Investor	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc	10 percent owner, other: Passive Investor	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kin Chan	director	UNIT 601-2, 6TH FLOOR, ST. GEORGE'S BUILDING, 2 ICE HOUSE ST., CENTRAL K3 00000