Richelieu Hardware (TSX:RCH) Inventory Turnover : 0.55 (As of Feb. 2025)

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What is Richelieu Hardware 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. Richelieu Hardware's Cost of Goods Sold for the three months ended in Feb. 2025 was C$337 Mil. Richelieu Hardware's Average Total Inventories for the quarter that ended in Feb. 2025 was C$617 Mil. Richelieu Hardware's Inventory Turnover for the quarter that ended in Feb. 2025 was 0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Richelieu Hardware's Days Inventory for the three months ended in Feb. 2025 was 167.32.

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. Richelieu Hardware's Inventory-to-Revenue for the quarter that ended in Feb. 2025 was 1.40.

Richelieu Hardware Inventory Turnover Historical Data

The historical data trend for Richelieu Hardware'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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Richelieu Hardware Inventory Turnover Chart

Richelieu Hardware Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Inventory Turnover

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2.94

3.02

2.45

2.13

2.36

Richelieu Hardware Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Inventory Turnover	Get a 7-Day Free Trial															0.53	0.63	0.61	0.61	0.55

Richelieu Hardware Inventory Turnover Calculation

Richelieu Hardware's Inventory Turnover for the fiscal year that ended in Nov. 2024 is calculated as

	Inventory Turnover (A: Nov. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2024 )	/ (	(Total Inventories (A: Nov. 2023 )	+	Total Inventories (A: Nov. 2024 ))	/	count )
=	1381.899	/ (	(572.351	+	598.674)	/	2 )
=	1381.899	/	585.5125
=	2.36

Richelieu Hardware's Inventory Turnover for the quarter that ended in Feb. 2025 is calculated as

	Inventory Turnover (Q: Feb. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2025 )	/ (	(Total Inventories (Q: Nov. 2024 )	+	Total Inventories (Q: Feb. 2025 ))	/	count )
=	336.584	/ (	(598.674	+	635.642)	/	2 )
=	336.584	/	617.158
=	0.55

Richelieu Hardware (TSX:RCH) 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.

Richelieu Hardware's Days Inventory for the three months ended in Feb. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2025 )	/	Cost of Goods Sold (Q: Feb. 2025 )	*	Days in Period
	=	617.158	/	336.584	*	365 / 4
	=	167.32

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.

Richelieu Hardware's Inventory to Revenue for the quarter that ended in Feb. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2025 )	/	Revenue (Q: Feb. 2025 )
	=	617.158	/	441.695
	=	1.40

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.

Richelieu Hardware Inventory Turnover Related Terms

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Richelieu Hardware Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Richelieu Hardware Ltd (TSX:RCH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

RHUHF:USA 3R2:Germany

Address

7900 Henri-Bourassa Boulevard West, Ville Saint-Laurent, Montreal, QC, CAN, H4S 1V4

Website

https://www.richelieu.com

Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company's sales are derived from its operations in Canada. Richelieu's products include furniture, bathroom cabinet, glass, decorative, window, and door hardware, lighting systems, and kitchen and closet storage. The firm majorly serves home furnishing manufacturers, residential and commercial woodworkers, hardware retailers and renovation superstores.

Executives

Antoine Auclair	Senior Officer
Guy Grenier	Senior Officer
Lucie Chabot	Director
Marc Poulin	Director
Yannick Godeau	Senior Officer
Richard Lord	Director, Senior Officer
Mathieu Gauvin	Director
Geneviève Quevillon	Senior Officer

Richelieu Hardware Headlines

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