The historical rank and industry rank for Hooker Furnishings's Days Inventory or its related term are showing as below:
HOFT'
s Days Inventory Range Over the Past 10 Years
Min: 44.71 Med: 67.06 Max: 94.48
Current: 81.02
During the past 13 years, Hooker Furnishings's highest Days Inventory was 94.48. The lowest was 44.71. And the median was 67.06.
HOFT's Days Inventory is ranked better than 63.3% of 406
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 105.665
vs HOFT: 81.02
Hooker Furnishings's Days Inventory
declined
from Jan. 2023 (80.61) to Jan. 2024 (79.31).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hooker Furnishings's Inventory Turnover for the
three
months ended in Jan. 2024 was 1.15.
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.
Hooker Furnishings's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.66.
Hooker Furnishings Days Inventory Historical Data
The historical data trend for Hooker Furnishings's Days Inventory 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.
Competitive Comparison of Hooker Furnishings's Days Inventory
For the Furnishings, Fixtures & Appliances subindustry, Hooker Furnishings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hooker Furnishings's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hooker Furnishings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hooker Furnishings's Days Inventory falls into.
Hooker Furnishings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hooker Furnishings's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as
* 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.
Hooker Furnishings (NAS:HOFT) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Hooker Furnishings's Inventory Turnover for the
three
months ended in Jan. 2024 is calculated as
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.
Hooker Furnishings's Inventory to Revenue for the
three
months ended in Jan. 2024 is calculated as
* 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
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Hooker Furnishings Days Inventory Related Terms
Thank you for viewing the detailed overview of Hooker Furnishings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hooker Furnishings (Hooker Furnishings) Business Description
Hooker Furnishings Corp formerly Hooker Furniture Corp is a designer, marketer, and importer of case goods, leather furniture, and fabric-upholstered furniture for the residential, hospitality, and contract markets. The company also domestically manufactures premium residential custom leather and custom fabric-upholstered furniture. Its segments are the Hooker Branded, which includes a wide range of design categories, home entertainment, home office, dining, and bedroom furniture; the Home Meridian segment includes Samuel Lawrence Furniture and Pulaski Furniture; and the Domestic Upholstery segment includes the domestic upholstery manufacturing operations of Sam Moore and Shenandoah Furniture and others. The company generates most of its revenue from the Home Meridian Segment.
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