Heavitree Brewery (LSE:HVT) Inventory Turnover : 225.40 (As of Oct. 2023)

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What is Heavitree Brewery 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. Heavitree Brewery's Cost of Goods Sold for the six months ended in Oct. 2023 was £2.25 Mil. Heavitree Brewery's Average Total Inventories for the quarter that ended in Oct. 2023 was £0.01 Mil. Heavitree Brewery's Inventory Turnover for the quarter that ended in Oct. 2023 was 225.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Heavitree Brewery's Days Inventory for the six months ended in Oct. 2023 was 0.81.

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. Heavitree Brewery's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.00.

Heavitree Brewery Inventory Turnover Historical Data

The historical data trend for Heavitree Brewery'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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Heavitree Brewery Inventory Turnover Chart

Heavitree Brewery Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Inventory Turnover

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448.50

337.50

325.80

413.20

419.40

Heavitree Brewery Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Inventory Turnover	Get a 7-Day Free Trial															235.00	202.60	210.60	194.00	225.40

Heavitree Brewery Inventory Turnover Calculation

Heavitree Brewery'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 )
=	4.194	/ (	(0.01	+	0.01)	/	2 )
=	4.194	/	0.01
=	419.40

Heavitree Brewery'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: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )
=	2.254	/ (	(0.01	+	0.01)	/	2 )
=	2.254	/	0.01
=	225.40

Heavitree Brewery (LSE:HVT) 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.

Heavitree Brewery'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
	=	0.01	/	2.254	*	365 / 2
	=	0.81

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.

Heavitree Brewery'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 )
	=	0.01	/	4.02
	=	0.00

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.

Heavitree Brewery Inventory Turnover Related Terms

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Heavitree Brewery (LSE:HVT) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Heavitree Brewery PLC (LSE:HVT) » Definitions » Inventory Turnover

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HVTA:UK

Address

Heavitree Brewery, Trood Lane, Matford, Exeter, GBR, EX2 8YP

Website

https://www.heavitreebrewery.co.uk

Heavitree Brewery PLC is a UK-based company engaged in the business of leasing and operating public houses. Its geographical segments include the United Kingdom and the United States. The firm mainly involves running and developing tenanted and leased estate. The company owns over 60 pubs which include The Anchor Inn, The Ashcott Inn, The Atmospheric Railway, The Beach Hotel, The Bell Inn, The Brunswick Arms, and others. It also owns land in the United States through its subsidiary while the majority of its revenues are generated from the pubs that it owns in the United Kingdom.