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Hargreaves Services (LSE:HSP) Inventory-to-Revenue : 0.38 (As of Nov. 2023)


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What is Hargreaves Services Inventory-to-Revenue?

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. Hargreaves Services's Average Total Inventories for the quarter that ended in Nov. 2023 was £41.7 Mil. Hargreaves Services's Revenue for the six months ended in Nov. 2023 was £110.2 Mil. Hargreaves Services's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.38.

Hargreaves Services's Inventory-to-Revenue for the quarter that ended in Nov. 2023 declined from May. 2023 (0.39) to May. 2023 (0.38)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hargreaves Services's Days Inventory for the six months ended in Nov. 2023 was 85.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hargreaves Services's Inventory Turnover for the quarter that ended in Nov. 2023 was 2.13.


Hargreaves Services Inventory-to-Revenue Historical Data

The historical data trend for Hargreaves Services's Inventory-to-Revenue 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.

Hargreaves Services Inventory-to-Revenue Chart

Hargreaves Services Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.25 0.22 0.16 0.17

Hargreaves Services Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Inventory-to-Revenue Get a 7-Day Free Trial 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 0.38 0.30 0.28 0.39 0.38

Competitive Comparison of Hargreaves Services's Inventory-to-Revenue

For the Integrated Freight & Logistics subindustry, Hargreaves Services's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Hargreaves Services's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hargreaves Services's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Hargreaves Services's Inventory-to-Revenue falls into.



Hargreaves Services Inventory-to-Revenue Calculation

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.

Hargreaves Services's Inventory-to-Revenue for the fiscal year that ended in May. 2023 is calculated as

Inventory-to-Revenue (A: May. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Revenue (A: May. 2023 )
=( (30.476 + 39.302) / 2 ) / 211.459
=34.889 / 211.459
=0.16

Hargreaves Services's Inventory-to-Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue (Q: Nov. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: May. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count ) / Revenue (Q: Nov. 2023 )
=( (39.302 + 44.192) / 2 ) / 110.171
=41.747 / 110.171
=0.38

* 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.


Hargreaves Services  (LSE:HSP) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Hargreaves Services's Days Inventory for the six months ended in Nov. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=41.747/88.943*365 / 2
=85.66

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

Hargreaves Services's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2023 ) / Average Total Inventories (Q: Nov. 2023 )
=88.943 / 41.747
=2.13

* 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.


Hargreaves Services Inventory-to-Revenue Related Terms

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Hargreaves Services (LSE:HSP) Business Description

Traded in Other Exchanges
Address
West Terrace, Esh Winning, Durham, GBR, DH7 9PT
Hargreaves Services PLC delivers projects and services in the infrastructure, energy, and property sectors, supporting key industries within the UK and South East Asia. The company's business segments are Services and Hargreaves Land. It generates maximum revenue from the Services segment. The Services segment provides materials handling, mechanical and electrical engineering, land restoration, logistics and bulk earthmoving into the energy, environmental, infrastructure and industrial sectors.

Hargreaves Services (LSE:HSP) Headlines

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