HelloFresh SE (HAM:HFG) Inventory Turnover : 3.33 (As of Mar. 2024)

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What is HelloFresh SE 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. HelloFresh SE's Cost of Goods Sold for the three months ended in Mar. 2024 was €787 Mil. HelloFresh SE's Average Total Inventories for the quarter that ended in Mar. 2024 was €236 Mil. HelloFresh SE's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HelloFresh SE's Days Inventory for the three months ended in Mar. 2024 was 27.37.

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. HelloFresh SE's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.11.

HelloFresh SE Inventory Turnover Historical Data

The historical data trend for HelloFresh SE'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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HelloFresh SE Inventory Turnover Chart

HelloFresh SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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19.23

16.18

12.25

10.76

10.94

HelloFresh SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.80	2.74	2.81	2.98	3.33

HelloFresh SE Inventory Turnover Calculation

HelloFresh SE'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 )
=	2675.6	/ (	(266.7	+	222.4)	/	2 )
=	2675.6	/	244.55
=	10.94

HelloFresh SE's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	786.6	/ (	(222.4	+	249.5)	/	2 )
=	786.6	/	235.95
=	3.33

HelloFresh SE (HAM:HFG) 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.

HelloFresh SE's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	235.95	/	786.6	*	365 / 4
	=	27.37

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.

HelloFresh SE's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	235.95	/	2073.5
	=	0.11

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.

HelloFresh SE Inventory Turnover Related Terms

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HelloFresh SE (HAM:HFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » HelloFresh SE (HAM:HFG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

HELFY:USA HLFFF:USA 1HFG:Italy HFGd:UK 0RVI:UK HFG:Germany HFG:Austria

Address

Prinzenstrasse 89, Berlin, BB, DEU, 10969

Website

https://www.hellofreshgroup.com

HelloFresh SE provides fresh, healthy, and personalized meal solutions. The company operates an internet platform that provides customers the choice between various kinds of meals and recipes to be delivered on selected weekdays. It operates in two geographical regions: International and USA. The international segment comprises operations in the United Kingdom, The Netherlands, Belgium, Luxembourg, Denmark, Ireland, Italy, Japan, France, New Zealand, Norway, Spain, Sweden, Australia, Germany, Austria, Canada, and Switzerland. The USA segment comprises operations in the United States of America.

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