Hargreaves Lansdown (Hargreaves Lansdown) Total Inventories : $0.0 Mil (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Hargreaves Lansdown Total Inventories?

Hargreaves Lansdown's total inventories for the quarter that ended in Dec. 2023 was $0.0 Mil. Hargreaves Lansdown's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hargreaves Lansdown's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $1.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hargreaves Lansdown's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

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 Lansdown's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Hargreaves Lansdown Total Inventories Historical Data

The historical data trend for Hargreaves Lansdown's Total Inventories 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 Lansdown Total Inventories Chart

Hargreaves Lansdown Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Inventories

Get a 7-Day Free Trial

Hargreaves Lansdown Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Hargreaves Lansdown Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Hargreaves Lansdown (OTCPK:HRGLY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Hargreaves Lansdown's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(684.684	+	0.75 * 619.367	+	0.5 * 0	-	678.101
-	0	-	0)	/	237.159
=	1.99

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

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

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	128.354	*	365 / 2
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	128.354	/	0
	=	N/A

4. 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 Lansdown's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	466.076
	=	0.00

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Hargreaves Lansdown Total Inventories Related Terms

Thank you for viewing the detailed overview of Hargreaves Lansdown's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Hargreaves Lansdown (Hargreaves Lansdown) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hargreaves Lansdown PLC (OTCPK:HRGLY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

HRGLF:USA HLl:UK HL.:UK DMB:Germany

Address

Anchor Road, One College Square South, Bristol, GBR, BS1 5HL

Website

https://www.hl.co.uk

Hargreaves Lansdown PLC operates a large direct-to-investor investment service in the United Kingdom built around offerings tailored to client needs. Clients can elect to hold all their funds, stocks, bonds, ETFs, and other financial instruments in a single service with various tax advantages. The company also offers portfolio rebalancing, discretionary services and managed funds, third-party services, savings management, online and apps offerings, and other retirement solutions. The company's clients mostly comprise individual investors and corporate clients. It primarily earns recurring revenue through the administration and management of assets held under its platform, and secondarily earns transactional revenue through stockbroking commissions and initial advisory fees.

Hargreaves Lansdown (Hargreaves Lansdown) Headlines

From GuruFocus

Hargreaves Lansdown: Mid-term Tailwinds but Long-term Uncertainties

By Steven Chen Steven Chen • 01-10-2020

Is This Buffett's Next Buy?

By The City Letter • 09-14-2021