Hammond Manufacturing Co (TSX:HMM.A) Change In Inventory : C$-1.9 Mil (TTM As of Mar. 2024)

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What is Hammond Manufacturing Co Change In Inventory?

Hammond Manufacturing Co's change in inventory for the quarter that ended in Mar. 2024 was C$0.4 Mil. It means Hammond Manufacturing Co's inventory declined by C$0.4 Mil from Dec. 2023 to Mar. 2024 .

Hammond Manufacturing Co's change in inventory for the fiscal year that ended in Dec. 2023 was C$-4.4 Mil. It means Hammond Manufacturing Co's inventory increased by C$4.4 Mil from Dec. 2022 to Dec. 2023 .

Hammond Manufacturing Co's Total Inventories for the quarter that ended in Mar. 2024 was C$67.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hammond Manufacturing Co's Days Inventory for the quarter that ended in Mar. 2024 was 164.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hammond Manufacturing Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.55.

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. Hammond Manufacturing Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.14.

Hammond Manufacturing Co Change In Inventory Historical Data

The historical data trend for Hammond Manufacturing Co's Change In Inventory 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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Hammond Manufacturing Co Change In Inventory Chart

Hammond Manufacturing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1.40

-0.90

-3.61

-17.97

-4.43

Hammond Manufacturing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-2.11	-3.04	-0.52	1.24	0.40

Hammond Manufacturing Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.9 Mil.

Hammond Manufacturing Co (TSX:HMM.A) Change In Inventory Explanation

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

Hammond Manufacturing Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	67.4145	/	37.297	*	365 / 4
	=	164.93

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	37.297	/	67.4145
	=	0.55

3. 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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	67.4145	/	59.086
	=	1.14

Hammond Manufacturing Co Change In Inventory Related Terms

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Hammond Manufacturing Co (TSX:HMM.A) Business Description

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HMFAF:USA

Address

394 Edinburgh Road North, Guelph, ON, CAN, N1H 1E5

Website

https://www.hammfg.com

Hammond Manufacturing Co Ltd provides electrical and electronic components to Original Equipment Manufacturers (OEM) through a network of agents and distributors. Its product categories include Electrical Enclosures, Small Enclosures, Rack Mounting Solutions, PDUs & Outlet Strips, Transformers, and Classic Transformers & Chokes. Its geographical segments are Canada, the United States, and other countries, of which key revenue is derived from the United States.

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