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Hotel Chocolat Group (FRA:H0C) Inventory Turnover : 0.89 (As of Jun. 2023)


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What is Hotel Chocolat Group Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Hotel Chocolat Group's Cost of Goods Sold for the six months ended in Jun. 2023 was €35.7 Mil. Hotel Chocolat Group's Average Total Inventories for the quarter that ended in Jun. 2023 was €40.2 Mil. Hotel Chocolat Group's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hotel Chocolat Group's Days Inventory for the six months ended in Jun. 2023 was 205.71.

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. Hotel Chocolat Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.46.


Hotel Chocolat Group Inventory Turnover Historical Data

The historical data trend for Hotel Chocolat Group's Inventory Turnover 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.

Hotel Chocolat Group Inventory Turnover Chart

Hotel Chocolat Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.53 3.97 2.77 2.65 2.18

Hotel Chocolat Group Semi-Annual Data
Jun13 Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory Turnover 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 0.99 1.57 0.98 1.40 0.89

Hotel Chocolat Group Inventory Turnover Calculation

Hotel Chocolat Group's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=99.407 / ((50.168 + 40.836) / 2 )
=99.407 / 45.502
=2.18

Hotel Chocolat Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=35.704 / ((39.653 + 40.836) / 2 )
=35.704 / 40.2445
=0.89

* 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.


Hotel Chocolat Group  (FRA:H0C) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Hotel Chocolat Group's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=40.2445/35.704*365 / 2
=205.71

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.

Hotel Chocolat Group's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=40.2445 / 87.067
=0.46

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Hotel Chocolat Group Inventory Turnover Related Terms

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Hotel Chocolat Group Business Description

Traded in Other Exchanges
N/A
Address
Mint House, Newark Close, Royston, Hertfordshire, GBR, SG8 5HL
Hotel Chocolat Group PLC is engaged in the manufacture and retail of chocolate in the United Kingdom and overseas. The Company operates in three geographic areas including the United Kingdom, Europe, and the Rest of the World, majority of revenue is generated through the United Kingdom. The Company sells its chocolate direct to customers via subscription, online, and through its stores. Its product portfolio includes Self-purchase, Gifts, and Occasions, Rare and vintage, and Others.

Hotel Chocolat Group Headlines

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