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Haverty Furniture (Haverty Furniture) Days Inventory

: 112.89 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Haverty Furniture's Average Total Inventories for the three months ended in Dec. 2023 was $98.1 Mil. Haverty Furniture's Cost of Goods Sold for the three months ended in Dec. 2023 was $79.3 Mil. Hence, Haverty Furniture's Days Inventory for the three months ended in Dec. 2023 was 112.89.

The historical rank and industry rank for Haverty Furniture's Days Inventory or its related term are showing as below:

HVT' s Days Inventory Range Over the Past 10 Years
Min: 84.11   Med: 102.35   Max: 117.04
Current: 117.04

During the past 13 years, Haverty Furniture's highest Days Inventory was 117.04. The lowest was 84.11. And the median was 102.35.

HVT's Days Inventory is ranked worse than
53.05% of 1067 companies
in the Retail - Cyclical industry
Industry Median: 110.39 vs HVT: 117.04

Haverty Furniture's Days Inventory increased from Dec. 2022 (96.70) to Dec. 2023 (112.89). It might indicate that Haverty Furniture's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Haverty Furniture's Inventory Turnover for the three months ended in Dec. 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. Haverty Furniture's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.47.


Haverty Furniture Days Inventory Historical Data

The historical data trend for Haverty Furniture's Days 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.

* Premium members only.

Haverty Furniture Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 104.53 107.93 84.11 94.90 114.27

Haverty Furniture Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.70 115.38 128.35 114.69 112.89

Competitive Comparison

For the Home Improvement Retail subindustry, Haverty Furniture's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Haverty Furniture Days Inventory Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Haverty Furniture's Days Inventory distribution charts can be found below:

* The bar in red indicates where Haverty Furniture's Days Inventory falls into.



Haverty Furniture Days Inventory Calculation

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

Haverty Furniture's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (118.333 + 93.956) / 2 ) / 339.041*365
=106.1445 / 339.041*365
=114.27

Haverty Furniture's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (102.334 + 93.956) / 2 ) / 79.329*365 / 4
=98.145 / 79.329*365 / 4
=112.89

* 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.


Haverty Furniture  (NYSE:HVT) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Haverty Furniture's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

Haverty Furniture's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Haverty Furniture Days Inventory Related Terms

Thank you for viewing the detailed overview of Haverty Furniture's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Haverty Furniture (Haverty Furniture) Business Description

Traded in Other Exchanges
Address
780 Johnson Ferry Road, Suite 800, Atlanta, GA, USA, 30342
Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, Florals and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture.
Executives
John Linwood Gill officer: Vice President, Operations 780 JOHNSON FERRY ROAD, NE, SUITE 800, ATLANTA GA 30157
Rawson Jr Haverty director, officer: Senior Vice President
Vicki R Palmer director PO BOX 723040, ATLANTA GA 30339
Mylle H Mangum director 3231 S E SIXTH AVENUE, TOPEKA KS 66607
Richard B Hare officer: Executive Vice President & CFO CARMIKE CINEMAS INC, 1301 FIRST AVENUE, COLUMBUS GA 31901
Clarence H Smith director, officer: President & CEO 780 JOHNSON FERRY RD., SUITE 800, ATLANTA GA 30342
Steven G Burdette officer: Senior Vice President
Jenny H Parker officer: Vice Pres., Secy. & Treas.
Michael R Cote director 1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
Kelly Allen Fladger officer: SVP, Chief HR Officer 780 JOHNSON FERRY ROAD, NE, SUITE 800, ATLANTA GA 30342
Alfredo Trujillo director
J Edward Clary officer: Chief Information Officer
Derek Gordon Schiller director 780 JOHNSON FERRY ROAD, NE, SUITE 800, ATLANTA GA 30342
G. Thomas Hough director P.O. BOX 407, LAKELAND FL 33802
Helen Berry Bautista officer: Vice President, Marketing 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342

Haverty Furniture (Haverty Furniture) Headlines