HORNBACH Holding AG and Co KGaA (WBO:HBH) Inventory Turnover : 0.85 (As of Nov. 2023)

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What is HORNBACH Holding AG and Co KGaA 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. HORNBACH Holding AG and Co KGaA's Cost of Goods Sold for the three months ended in Nov. 2023 was €989 Mil. HORNBACH Holding AG and Co KGaA's Average Total Inventories for the quarter that ended in Nov. 2023 was €1,161 Mil. HORNBACH Holding AG and Co KGaA's Inventory Turnover for the quarter that ended in Nov. 2023 was 0.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HORNBACH Holding AG and Co KGaA's Days Inventory for the three months ended in Nov. 2023 was 107.09.

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. HORNBACH Holding AG and Co KGaA's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.78.

HORNBACH Holding AG and Co KGaA Inventory Turnover Historical Data

The historical data trend for HORNBACH Holding AG and Co KGaA'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.

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HORNBACH Holding AG and Co KGaA Inventory Turnover Chart

HORNBACH Holding AG and Co KGaA Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Inventory Turnover

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3.73

3.66

3.81

3.43

3.19

HORNBACH Holding AG and Co KGaA Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Inventory Turnover	Get a 7-Day Free Trial															0.82	0.62	0.87	0.89	0.85

HORNBACH Holding AG and Co KGaA Inventory Turnover Calculation

HORNBACH Holding AG and Co KGaA's Inventory Turnover for the fiscal year that ended in Feb. 2023 is calculated as

	Inventory Turnover (A: Feb. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2023 )	/ (	(Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )
=	4172.643	/ (	(1230.429	+	1382.348)	/	2 )
=	4172.643	/	1306.3885
=	3.19

HORNBACH Holding AG and Co KGaA's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

	Inventory Turnover (Q: Nov. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2023 )	/ (	(Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )
=	989.4	/ (	(1191.8	+	1130.5)	/	2 )
=	989.4	/	1161.15
=	0.85

HORNBACH Holding AG and Co KGaA (WBO:HBH) 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.

HORNBACH Holding AG and Co KGaA's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2023 )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
	=	1161.15	/	989.4	*	365 / 4
	=	107.09

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.

HORNBACH Holding AG and Co KGaA's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	1161.15	/	1485.2
	=	0.78

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.

HORNBACH Holding AG and Co KGaA Inventory Turnover Related Terms

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HORNBACH Holding AG and Co KGaA (WBO:HBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » HORNBACH Holding AG and Co KGaA (WBO:HBH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

0RC9:UK HBH:Germany

Address

Le Quartier Hornbach 19, Neustadt an der Weinstrasse, DEU, 67433

Website

https://www.hornbach-holding.com

HORNBACH Holding AG and Co KGaA and its subsidiaries are involved in the business of Retail and Real estate segments. The company's operating segment include HORNBACH Baumarkt subgroup; HORNBACH Baustoff Union GmbH subgroup and HORNBACH Immobilien AG subgroup. It generates maximum revenue from the HORNBACH Baumarkt subgroup segment. Geographically, it derives a majority of revenue from Germany. Products are structured in the following divisions: Hardware/Electrical, Paint/Wallpaper/Flooring, Construction Materials/Timber/Prefabricated Components, Sanitary/Tiles, and Garden.

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