GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Howden Joinery Group PLC (LSE:HWDN) » Definitions » Days Inventory

Howden Joinery Group (LSE:HWDN) Days Inventory : 133.20 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Howden Joinery Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Howden Joinery Group's Average Total Inventories for the six months ended in Dec. 2023 was £398 Mil. Howden Joinery Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £546 Mil. Hence, Howden Joinery Group's Days Inventory for the six months ended in Dec. 2023 was 133.20.

The historical rank and industry rank for Howden Joinery Group's Days Inventory or its related term are showing as below:

LSE:HWDN' s Days Inventory Range Over the Past 10 Years
Min: 122.73   Med: 137.88   Max: 156.89
Current: 156.89

During the past 13 years, Howden Joinery Group's highest Days Inventory was 156.89. The lowest was 122.73. And the median was 137.88.

LSE:HWDN's Days Inventory is ranked worse than
76.6% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 105.195 vs LSE:HWDN: 156.89

Howden Joinery Group's Days Inventory increased from Dec. 2022 (128.62) to Dec. 2023 (133.20). It might indicate that Howden Joinery Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Howden Joinery Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.37.

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. Howden Joinery Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.29.


Howden Joinery Group Days Inventory Historical Data

The historical data trend for Howden Joinery Group's Days 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.

Howden Joinery Group Days Inventory Chart

Howden Joinery Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.95 143.87 126.23 135.68 152.14

Howden Joinery Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days 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 109.91 188.00 128.62 198.60 133.20

Competitive Comparison of Howden Joinery Group's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Howden Joinery Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Howden Joinery Group's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Howden Joinery Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Howden Joinery Group's Days Inventory falls into.



Howden Joinery Group Days Inventory Calculation

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

Howden Joinery Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (373.3 + 382.8) / 2 ) / 907*365
=378.05 / 907*365
=152.14

Howden Joinery Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (413.5 + 382.8) / 2 ) / 545.5*365 / 2
=398.15 / 545.5*365 / 2
=133.20

* 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.


Howden Joinery Group  (LSE:HWDN) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Howden Joinery Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

Howden Joinery Group's Inventory to Revenue for the six months ended in Dec. 2023 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Howden Joinery Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Howden Joinery Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Howden Joinery Group (LSE:HWDN) Business Description

Traded in Other Exchanges
Address
40 Portman Square, London, GBR, W1H 6LT
Howden Joinery Group PLC is a U.K.-based company that manufactures, sources, and sells kitchen and joinery products. The Group's operations are mainly located in the United Kingdom with a small presence in France, Belgium, and the Republic of Ireland. It generates the majority of its revenue from the U.K. The firm caters to small, local homebuilders. The company's products are divided among its kitchen collection, which includes kitchen accessories and cabinets; the appliance collection, which includes ovens, refrigeration, dishwashers, and laundry; the doors and joinery collection, which includes internal, external, and sliding doors and frames; the hardware collection, which includes door handles and accessories; the flooring collection; and the bathroom cabinet collection.

Howden Joinery Group (LSE:HWDN) Headlines

No Headlines