Holders Technology (LSE:HDT) Inventory Turnover : 2.00 (As of May. 2023)

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What is Holders Technology 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. Holders Technology's Cost of Goods Sold for the six months ended in May. 2023 was £2.60 Mil. Holders Technology's Average Total Inventories for the quarter that ended in May. 2023 was £1.31 Mil. Holders Technology's Inventory Turnover for the quarter that ended in May. 2023 was 2.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Holders Technology's Days Inventory for the six months ended in May. 2023 was 91.46.

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. Holders Technology's Inventory-to-Revenue for the quarter that ended in May. 2023 was 0.34.

Holders Technology Inventory Turnover Historical Data

The historical data trend for Holders Technology'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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Holders Technology Inventory Turnover Chart

Holders Technology Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Inventory Turnover

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3.51

3.26

2.93

4.84

4.27

Holders Technology Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Inventory Turnover	Get a 7-Day Free Trial															1.90	2.84	1.60	2.13	2.00

Holders Technology Inventory Turnover Calculation

Holders Technology's Inventory Turnover for the fiscal year that ended in Nov. 2022 is calculated as

	Inventory Turnover (A: Nov. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2022 )	/ (	(Total Inventories (A: Nov. 2021 )	+	Total Inventories (A: Nov. 2022 ))	/	count )
=	5.425	/ (	(1.18	+	1.362)	/	2 )
=	5.425	/	1.271
=	4.27

Holders Technology's Inventory Turnover for the quarter that ended in May. 2023 is calculated as

	Inventory Turnover (Q: May. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: May. 2023 )	/ (	(Total Inventories (Q: Nov. 2022 )	+	Total Inventories (Q: May. 2023 ))	/	count )
=	2.604	/ (	(1.362	+	1.248)	/	2 )
=	2.604	/	1.305
=	2.00

Holders Technology (LSE:HDT) 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.

Holders Technology's Days Inventory for the six months ended in May. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2023 )	/	Cost of Goods Sold (Q: May. 2023 )	*	Days in Period
	=	1.305	/	2.604	*	365 / 2
	=	91.46

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.

Holders Technology's Inventory to Revenue for the quarter that ended in May. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2023 )	/	Revenue (Q: May. 2023 )
	=	1.305	/	3.865
	=	0.34

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.

Holders Technology Inventory Turnover Related Terms

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Holders Technology (LSE:HDT) Business Description

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Address

27-28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.holderstechnology.com

Holders Technology PLC is a UK-based company that supplies specialty laminates and materials for printed circuit board manufacture and operates as a Lighting and Control Solutions provider. The group has four operating subsidiaries: PCB UK, PCB Germany, LCS UK and LCS Germany. Both PCB divisions have very similar products, processes, customers, distribution means and margins.. PCB which distributes materials, equipment and supplies to the PCB industry; and LCS, which distributes Lighting and Controls-related components, lighting products, and lighting solutions. It operates its business across the United Kingdom, Germany, and the Rest of the world.

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