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Hamilton Beach Brands Holding Co (Hamilton Beach Brands Holding Co) Days Inventory

: 86.45 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Hamilton Beach Brands Holding Co's Average Total Inventories for the three months ended in Dec. 2023 was $143.4 Mil. Hamilton Beach Brands Holding Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $151.4 Mil. Hence, Hamilton Beach Brands Holding Co's Days Inventory for the three months ended in Dec. 2023 was 86.45.

The historical rank and industry rank for Hamilton Beach Brands Holding Co's Days Inventory or its related term are showing as below:

HBB' s Days Inventory Range Over the Past 10 Years
Min: 84.98   Med: 103.96   Max: 124.96
Current: 107.78

During the past 9 years, Hamilton Beach Brands Holding Co's highest Days Inventory was 124.96. The lowest was 84.98. And the median was 103.96.

HBB's Days Inventory is ranked worse than
50.86% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 106.06 vs HBB: 107.78

Hamilton Beach Brands Holding Co's Days Inventory declined from Dec. 2022 (112.67) to Dec. 2023 (86.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hamilton Beach Brands Holding Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.06.

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. Hamilton Beach Brands Holding Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.69.


Hamilton Beach Brands Holding Co Days Inventory Historical Data

The historical data trend for Hamilton Beach Brands Holding Co'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.

Hamilton Beach Brands Holding Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.85 111.36 124.96 121.02 107.01

Hamilton Beach Brands Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 112.67 122.23 111.79 119.52 86.45

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Hamilton Beach Brands Holding Co'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.


Hamilton Beach Brands Holding Co Days Inventory Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hamilton Beach Brands Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hamilton Beach Brands Holding Co's Days Inventory falls into.



Hamilton Beach Brands Holding Co Days Inventory Calculation

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

Hamilton Beach Brands Holding Co'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
=( (156.038 + 126.554) / 2 ) / 481.949*365
=141.296 / 481.949*365
=107.01

Hamilton Beach Brands Holding Co'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (160.237 + 126.554) / 2 ) / 151.366*365 / 4
=143.3955 / 151.366*365 / 4
=86.45

* 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.


Hamilton Beach Brands Holding Co  (NYSE:HBB) 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.

Hamilton Beach Brands Holding Co's Inventory Turnover for the three 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.

Hamilton Beach Brands Holding Co's Inventory to Revenue for the three 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.


Hamilton Beach Brands Holding Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Hamilton Beach Brands Holding Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Hamilton Beach Brands Holding Co (Hamilton Beach Brands Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
4421 Waterfront Drive, Glen Allen, VA, USA, 23060
Hamilton Beach Brands Holding Co, through its subsidiaries, is engaged in consumer, commercial and specialty small appliances and specialty retail. It designs, markets, and distributes small branded electric household and specialty housewares small appliances, as well as commercial products for restaurants, bars, and hotels.
Executives
Sarah M Cunningham officer: Sr. VP Chief Financial Officer 14519 AUGUSTA LANE, ASHLAND X1 23005
Gregory H Trepp officer: President and CEO 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Paul Dwinelle Furlow director 4421 WATERFRONT DR, GLEN ALLEN VA 23060
Linda Jean Woermer director, officer: PFO 4421 WATERFRONT DR., GLEN ALLEN VA 33705
Workman Lawrence Kenneth Jr officer: SVP, GC and Secretary 4421 WATERFRONT DR., GLEN ALLEN VA 23060
Butler John C Jr director, other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Helen Rankin Butler other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Chloe O Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Claiborne R Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
David B Williams director 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Clara R Williams other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Roger F Rankin director, other: Member of a Group C/O NACCO INDUSTRIES INC, 5875 LANDERBROOK DRIVE, MAYFIELD HEIGHTS OH 44124
Rankin Alfred M Et Al director, officer: Executive Chairman 5875 LANDERBROOK DR, MAYFIELD HEIGHTS OH 44124
Rankin Corbin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Alison A Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124