Arhaus (Arhaus) Inventory Turnover : 0.69 (As of Mar. 2024)

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What is Arhaus 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. Arhaus's Cost of Goods Sold for the three months ended in Mar. 2024 was $180 Mil. Arhaus's Average Total Inventories for the quarter that ended in Mar. 2024 was $261 Mil. Arhaus's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arhaus's Days Inventory for the three months ended in Mar. 2024 was 132.41.

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. Arhaus's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.89.

Arhaus Inventory Turnover Historical Data

The historical data trend for Arhaus'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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Arhaus Inventory Turnover Chart

Arhaus Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

2.89

2.82

2.95

2.85

2.76

Arhaus Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial												0.61	0.59	0.69	0.78	0.69

Arhaus Inventory Turnover Calculation

Arhaus's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	747.281	/ (	(286.419	+	254.292)	/	2 )
=	747.281	/	270.3555
=	2.76

Arhaus's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	180.108	/ (	(254.292	+	268.41)	/	2 )
=	180.108	/	261.351
=	0.69

Arhaus (NAS:ARHS) 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.

Arhaus's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	261.351	/	180.108	*	365 / 4
	=	132.41

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.

Arhaus's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	261.351	/	295.162
	=	0.89

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.

Arhaus Inventory Turnover Related Terms

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Arhaus (Arhaus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Arhaus Inc (NAS:ARHS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 East Hines Hill Road, Boston Heights, OH, USA, 44236

Website

https://www.arhaus.com

Arhaus Inc is a growing lifestyle brand and omnichannel retailer of premium home furniture. The company offers merchandise in a number of categories, including furniture, outdoor, lighting, textiles, and decor through its Retail and eCommerce sales channels.

Executives

Kathy E Veltri	officer: CHIEF RETAIL OFFICER	FURNITURE BRANDS INTERNATIONAL, INC., 1 N. BRENTWOOD BLVD., SAINT LOUIS MO 63105
Doody Alton F Iii	director	C/O BRAVO BRIO RESTAURANT GROUP, INC., 777 GOODALE BLVD, SUITE 100, COLUMBUS OH 43212
Fs Capital Partners Vi, Llc	10 percent owner	11100 SANTA MONICA BLVD., SUITE 1900, LOS ANGELES CA 90025
Dawn Sparks	officer: CHIEF LOGISTICS OFFICER	C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Lisa Chi	officer: CHIEF MERCHANDISING OFFICER	C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Alexis Depree	director	C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Tim Kuckelman	officer: Chief Operating Officer	C/O ARHAUS, INC., 51 E. HINES ROAD, BOSTON HEIGHTS OH 44236
Dawn Phillipson	officer: CHIEF FINANCIAL OFFICER	C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
William Beargie	director	C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Albert T Adams	director	3200 NATIONAL CITY CENTER, 1900 E NINTH ST, CLEVELAND OH 44114
John P Reed	director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER	C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Jennifer E Porter	officer: CHIEF MARKETING OFFICER	C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Gary L Lewis	director	115 W WASHINGTON ST, INDIANAPOLIS IN 46204
Brad Brutocao	director	11100 SANTA MONICA BLVD., SUITE 1900, LOS ANGELES CA 90025
Fs Equity Partners Vi, L.p.	10 percent owner	11100 SANTA MONICA BOULEVARD, SUITE 1900, LOS ANGELES CA 90025