HBIS (Home Bistro) Inventory Turnover: 18.36 (As of Jul. 2022)

What is Home Bistro Inventory Turnover?

Home Bistro HBIS 12 Inventory Turnover is 18.36 as of Jul. 2022. GuruFocus rates HBIS with a GF Score™ of 12/100.

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. Home Bistro's Cost of Goods Sold for the three months ended in Jul. 2022 was $0.71 Mil. Home Bistro's Average Total Inventories for the quarter that ended in Jul. 2022 was $0.04 Mil. Home Bistro's Inventory Turnover for the quarter that ended in Jul. 2022 was 18.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Home Bistro's Days Inventory for the three months ended in Jul. 2022 was 4.97.

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. Home Bistro's Inventory-to-Revenue for the quarter that ended in Jul. 2022 was 0.06.

Home Bistro (OTCPK:HBIS) 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.

Home Bistro's Days Inventory for the three months ended in Jul. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jul. 2022 )	/	Cost of Goods Sold (Q: Jul. 2022 )	*	Days in Period
	=	0.0385	/	0.707	*	365 / 4
	=	4.97

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.

Home Bistro's Inventory to Revenue for the quarter that ended in Jul. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jul. 2022 )	/	Revenue (Q: Jul. 2022 )
	=	0.0385	/	0.619
	=	0.06

* 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

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.

Home Bistro Inventory Turnover Related Terms

Home Bistro Inventory Turnover Historical Data

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The historical data trend for Home Bistro's Inventory Turnover can be seen below:

Home Bistro Inventory Turnover Chart

Home Bistro Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Inventory Turnover

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7.43

3.68

2.35

0.27

1.15

Home Bistro Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jan22	Apr22	Jul22
Inventory Turnover	Get a 7-Day Free Trial															0.00	44.64	32.42	27.63	18.36

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Home Bistro Inc HBIS

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Home Bistro Inventory Turnover Calculation

Home Bistro's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Inventory Turnover (A: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2019 )	/ (	(Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )
=	0.069	/ (	(0.06	+	0)	/	1 )
=	0.069	/	0.06
=	1.15

Home Bistro's Inventory Turnover for the quarter that ended in Jul. 2022 is calculated as

	Inventory Turnover (Q: Jul. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jul. 2022 )	/ (	(Total Inventories (Q: Apr. 2022 )	+	Total Inventories (Q: Jul. 2022 ))	/	count )
=	0.707	/ (	(0.03	+	0.047)	/	2 )
=	0.707	/	0.0385
=	18.36

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 18.36 mean?

Home Bistro (HBIS) has a Inventory Turnover of 18.36 as of Jul. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Home Bistro and its competitors.

Is Home Bistro's Inventory Turnover too high?

Home Bistro's current Inventory Turnover is 18.36. Overall, Home Bistro has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Home Bistro's Inventory Turnover compare to SNAX and CYAN?

Home Bistro's Inventory Turnover of 18.36 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Consumer Packaged Goods company?

A good Inventory Turnover depends on the Consumer Packaged Goods industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Home Bistro and its competitors. Home Bistro's current Inventory Turnover is 18.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Home Bistro stock overvalued right now?

Home Bistro (HBIS) has a current Inventory Turnover of 18.36. The current Inventory Turnover is 18.36. Home Bistro's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Home Bistro (HBIS), the current Inventory Turnover is 18.36 as of Jul. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Home Bistro Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies SNAX CYAN JVA HAPP CLXT SMFL SOWG NGTF NUZE INBP XSWX:NESN SHSE:603288 KHC GIS XPAR:BN SHSE:600887 SZSE:300999 HRL MKC K

Address 4014 Chase Avenue, No 212,, Miami Beach, FL, USA, 33140

Website http://www.homebistro.com

Home Bistro Inc is a United States-based company engaged in the business of providing prepackaged and prepared meals to consumers. The company's revenues consist of direct-to-consumer, ready-made meals that can be ordered by customers through its website, and restaurant-quality meats and seafood through its Colorado Prime Brand. Its offerings include Meal combos, Individual meals, and Superbowls, among others.

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