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Hydro Hotel Eastbourne (AQSE:HYDP) Inventory Turnover : 101.74 (As of Oct. 2023)


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What is Hydro Hotel Eastbourne 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. Hydro Hotel Eastbourne's Cost of Goods Sold for the six months ended in Oct. 2023 was £3.92 Mil. Hydro Hotel Eastbourne's Average Total Inventories for the quarter that ended in Oct. 2023 was £0.04 Mil. Hydro Hotel Eastbourne's Inventory Turnover for the quarter that ended in Oct. 2023 was 101.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hydro Hotel Eastbourne's Days Inventory for the six months ended in Oct. 2023 was 1.79.

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. Hydro Hotel Eastbourne's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.01.


Hydro Hotel Eastbourne Inventory Turnover Historical Data

The historical data trend for Hydro Hotel Eastbourne'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.

* Premium members only.

Hydro Hotel Eastbourne Inventory Turnover Chart

Hydro Hotel Eastbourne Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Inventory Turnover
Get a 7-Day Free Trial 96.48 78.06 75.20 99.84 101.74

Hydro Hotel Eastbourne Semi-Annual Data
Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Inventory Turnover Get a 7-Day Free Trial 96.48 78.06 75.20 99.84 101.74

Hydro Hotel Eastbourne Inventory Turnover Calculation

Hydro Hotel Eastbourne's Inventory Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Inventory Turnover (A: Oct. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2023 ) / ((Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count )
=3.917 / ((0.037 + 0.04) / 2 )
=3.917 / 0.0385
=101.74

Hydro Hotel Eastbourne's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover (Q: Oct. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Oct. 2023 ) / ((Total Inventories (Q: Oct. 2022 ) + Total Inventories (Q: Oct. 2023 )) / count )
=3.917 / ((0.037 + 0.04) / 2 )
=3.917 / 0.0385
=101.74

* 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.


Hydro Hotel Eastbourne  (AQSE:HYDP) 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.

Hydro Hotel Eastbourne's Days Inventory for the six months ended in Oct. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=0.0385/3.917*365 / 2
=1.79

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.

Hydro Hotel Eastbourne's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=0.0385 / 4.433
=0.01

* 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

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.


Hydro Hotel Eastbourne Inventory Turnover Related Terms

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Hydro Hotel Eastbourne (AQSE:HYDP) Business Description

Traded in Other Exchanges
N/A
Address
Mount Road, Hydro Hotel, Eastbourne, East Sussex, GBR, BN20 7HZ
Hydro Hotel Eastbourne PLC is a hotel operator in the United Kingdom. It operates restaurant and bar facilities and supplies event facilities, as well as accommodation to business and private customers.

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