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 Average Total Inventories for the quarter that ended in Dec. 2023 was $98.1 Mil. Haverty Furniture's Revenue for the
three
months ended in Dec. 2023 was $210.7 Mil.
Haverty Furniture's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.47.
Haverty Furniture's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.49) to Sep. 2023 (0.47)
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.
Haverty Furniture's Days Inventory for the
three
months ended in Dec. 2023 was 112.89.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Haverty Furniture's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.81.
Haverty Furniture Inventory-to-Revenue Historical Data
The historical data trend for Haverty Furniture'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.
Competitive Comparison of Haverty Furniture's Inventory-to-Revenue
For the Home Improvement Retail subindustry, Haverty Furniture'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.
Haverty Furniture's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Haverty Furniture's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Haverty Furniture's Inventory-to-Revenue falls into.
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 fiscal year that 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.
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.
Haverty Furniture's Days Inventory 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.
Haverty Furniture Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Haverty Furniture's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Haverty Furniture (Haverty Furniture) Business Description
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.
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