Helen Of Troy (STU:HT2) Inventory Turnover : 0.61 (As of Feb. 2024)

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What is Helen Of Troy 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. Helen Of Troy's Cost of Goods Sold for the three months ended in Feb. 2024 was €231 Mil. Helen Of Troy's Average Total Inventories for the quarter that ended in Feb. 2024 was €380 Mil. Helen Of Troy's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Helen Of Troy's Days Inventory for the three months ended in Feb. 2024 was 150.00.

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. Helen Of Troy's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.84.

Helen Of Troy Inventory Turnover Historical Data

The historical data trend for Helen Of Troy'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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Helen Of Troy Inventory Turnover Chart

Helen Of Troy Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Inventory Turnover

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3.56

3.06

2.51

2.39

2.47

Helen Of Troy Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															0.54	0.58	0.60	0.67	0.61

Helen Of Troy Inventory Turnover Calculation

Helen Of Troy's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Inventory Turnover (A: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2024 )	/ (	(Total Inventories (A: Feb. 2023 )	+	Total Inventories (A: Feb. 2024 ))	/	count )
=	979.273	/ (	(425.423	+	367.087)	/	2 )
=	979.273	/	396.255
=	2.47

Helen Of Troy's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	231.384	/ (	(393.648	+	367.087)	/	2 )
=	231.384	/	380.3675
=	0.61

Helen Of Troy (STU:HT2) 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.

Helen Of Troy's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	380.3675	/	231.384	*	365 / 4
	=	150.00

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.

Helen Of Troy's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	380.3675	/	453.489
	=	0.84

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.

Helen Of Troy Inventory Turnover Related Terms

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Helen Of Troy (STU:HT2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Helen Of Troy Ltd (STU:HT2) » Definitions » Inventory Turnover

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HELE:USA

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM 11

Website

https://www.helenoftroy.com

Helen Of Troy Ltd is a consumer products company offering creative products and solutions for its customers through a diversified portfolio of brands. It has two operating segments: Home & Outdoor segment provides a broad range of consumer products for home activities such as food preparation, cooking, cleaning, and organization; as well as products for outdoor and on-the-go activities such as hydration, food storage, backpacks, and travel gear, and The Beauty & Wellness segment provides beauty and wellness products including mass and prestige market beauty appliances, prestige market liquid-based hair and personal care products, and wellness devices including thermometers, water and air filtration systems, humidifiers, and fans.

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