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Hamilton Beach Brands Holding Co (Hamilton Beach Brands Holding Co) Total Inventories : $126.6 Mil (As of Dec. 2023)


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What is Hamilton Beach Brands Holding Co Total Inventories?

Hamilton Beach Brands Holding Co's total inventories for the quarter that ended in Dec. 2023 was $126.6 Mil. Hamilton Beach Brands Holding Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $143.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hamilton Beach Brands Holding Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-4.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hamilton Beach Brands Holding Co's Days Inventory for the three months ended in Dec. 2023 was 86.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hamilton Beach Brands Holding Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.06.

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. Hamilton Beach Brands Holding Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.69.


Hamilton Beach Brands Holding Co Total Inventories Historical Data

The historical data trend for Hamilton Beach Brands Holding Co's Total Inventories 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.

* Premium members only.

Hamilton Beach Brands Holding Co Total Inventories Chart

Hamilton Beach Brands Holding Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 109.81 173.96 183.38 156.04 126.55

Hamilton Beach Brands Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 156.04 131.54 137.22 160.24 126.55

Hamilton Beach Brands Holding Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Hamilton Beach Brands Holding Co  (NYSE:HBB) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Hamilton Beach Brands Holding Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(15.37+0.75 * 135.434+0.5 * 126.554-237.435
-0-0)/13.9
=-4.12

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Hamilton Beach Brands Holding Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=143.3955/151.366*365 / 4
=86.45

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Hamilton Beach Brands Holding Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=151.366 / 143.3955
=1.06

4. 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.

Hamilton Beach Brands Holding Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=143.3955 / 206.65
=0.69

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Hamilton Beach Brands Holding Co Total Inventories Related Terms

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Hamilton Beach Brands Holding Co (Hamilton Beach Brands Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
4421 Waterfront Drive, Glen Allen, VA, USA, 23060
Hamilton Beach Brands Holding Co, through its subsidiaries, is engaged in consumer, commercial and specialty small appliances and specialty retail. It designs, markets, and distributes small branded electric household and specialty housewares small appliances, as well as commercial products for restaurants, bars, and hotels.
Executives
Sarah M Cunningham officer: Sr. VP Chief Financial Officer 14519 AUGUSTA LANE, ASHLAND X1 23005
Gregory H Trepp officer: President and CEO 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Paul Dwinelle Furlow director 4421 WATERFRONT DR, GLEN ALLEN VA 23060
Linda Jean Woermer director, officer: PFO 4421 WATERFRONT DR., GLEN ALLEN VA 33705
Workman Lawrence Kenneth Jr officer: SVP, GC and Secretary 4421 WATERFRONT DR., GLEN ALLEN VA 23060
Butler John C Jr director, other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Helen Rankin Butler other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Chloe O Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Claiborne R Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
David B Williams director 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Clara R Williams other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Roger F Rankin director, other: Member of a Group C/O NACCO INDUSTRIES INC, 5875 LANDERBROOK DRIVE, MAYFIELD HEIGHTS OH 44124
Rankin Alfred M Et Al director, officer: Executive Chairman 5875 LANDERBROOK DR, MAYFIELD HEIGHTS OH 44124
Rankin Corbin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Alison A Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124