Hennes & Mauritz AB (OSTO:HM B) Inventory Turnover : 0.69 (As of Feb. 2024)

View and export this data going back to 1979. Start your Free Trial

What is Hennes & Mauritz AB 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. Hennes & Mauritz AB's Cost of Goods Sold for the three months ended in Feb. 2024 was kr26,014 Mil. Hennes & Mauritz AB's Average Total Inventories for the quarter that ended in Feb. 2024 was kr37,494 Mil. Hennes & Mauritz AB's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hennes & Mauritz AB's Days Inventory for the three months ended in Feb. 2024 was 131.52.

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. Hennes & Mauritz AB's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.70.

Hennes & Mauritz AB Inventory Turnover Historical Data

The historical data trend for Hennes & Mauritz AB'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.

Hennes & Mauritz AB Inventory Turnover Chart

Hennes & Mauritz AB Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Inventory Turnover

Get a 7-Day Free Trial

2.92

2.46

2.49

2.76

2.88

Hennes & Mauritz AB Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															0.69	0.68	0.75	0.75	0.69

Hennes & Mauritz AB Inventory Turnover Calculation

Hennes & Mauritz AB's Inventory Turnover for the fiscal year that ended in Nov. 2023 is calculated as

	Inventory Turnover (A: Nov. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2023 )	/ (	(Total Inventories (A: Nov. 2022 )	+	Total Inventories (A: Nov. 2023 ))	/	count )
=	115139	/ (	(42495	+	37358)	/	2 )
=	115139	/	39926.5
=	2.88

Hennes & Mauritz AB's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	26014	/ (	(37358	+	37630)	/	2 )
=	26014	/	37494
=	0.69

Hennes & Mauritz AB (OSTO:HM B) 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.

Hennes & Mauritz AB's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	37494	/	26014	*	365 / 4
	=	131.52

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.

Hennes & Mauritz AB's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	37494	/	53669
	=	0.70

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.

Hennes & Mauritz AB Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Hennes & Mauritz AB's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hennes & Mauritz AB (OSTO:HM B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hennes & Mauritz AB (OSTO:HM B) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

HNNMY:USA HMRZF:USA HMBs:UK 0HBP:UK HMSB:Germany

Address

Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38

Website

https://www.hmgroup.com

Hennes & Mauritz is a global multibrand fashion conglomerate that was founded in 1947. Its flagship H&M brand accounts for most of revenue, but the newer brands (COS, &Other Stories, Monki, Weekday, and newly launched Arket) are growing a bit faster. H&M commands low-single-digit market share in a fragmented global apparel market. Just under 70% of revenue is generated in Europe and Africa, 14% in Asia and Oceania, and 23% in North and South America. The company operates around 4,400 stores globally of which 3,947 are H&M-brand stores.

Hennes & Mauritz AB (OSTO:HM B) Headlines

No Headlines