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Hooker Furnishings Corporation  (HOFT)
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Hooker Furnishings Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Hooker Furnishings Corporation inventory turnover ratio, the Hooker Furnishings Corporation's ability to sell and replace its inventory in the third quarter 2024, sequentially increased to 5.14 in the third quarter 2023, HOFT's markets remain strong, its supply chain continue to be in a grate shape.Average inventory processing period, for the Hooker Furnishings in Oct 29 2023 quarter, has decreased to 71 days, compare to 80 days, in the Jul 30 2023 quarter.

Within Consumer Discretionary sector 38 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2024, to 727, from total ranking in the second quarter 2024 at 827.

HOFT Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Hooker Furnishings Corporation Market Share?

What is Inventory Turnover Ratio?


HOFT Inventory Turnover Ratio (Oct 29 2023)
III. Quarter
(Jul 30 2023)
II. Quarter
(Apr 30 2023)
I. Quarter
(Jan 29 2023)
IV. Quarter
(Oct 30 2022)
III. Quarter
Y / Y Inventory Growth -51.36 % -51.67 % -32.03 % 28.86 % 72.02 %
Y / Y Cost of Sales Growth -30.59 % -39.27 % -20.32 % 146.38 % 5.42 %
Inventory Turnover Ratio (TTM) 5.14 4.58 4.3 4.19 3.69
HOFT's Total Ranking # 727 # 827 # 883 # 982 # 1060
Average inventory processing period 71 80 85 87 99
Seq. Inventory Growth 2.84 % -13.43 % -24.29 % -27.82 % 2.18 %
Seq. Cost of Sales Growth 12.16 % -21.2 % -29.19 % 10.92 % -1.87 %



Inventory Turnover Ratio Company Ranking
Within: No.
Furniture & Fixtures Industry # 3
Consumer Discretionary Sector # 39
Overall Market # 727

Inventory Turnover Ratio Statistics
High Average Low
7.62 5.05 3.6
(May 02 2021)   (Dec. 30, 2013)




Financial Statements
Hooker Furnishings's Inventories $ 65 Millions Visit HOFT's Balance sheet
Hooker Furnishings's Cost of Revenues TTM $ 384 Millions Visit HOFT's Income Statement
What are HOFT's Sales? Visit HOFT's Sales by Segment

Other Inventory Turnover Ratios
Hooker Furnishings's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Furniture & Fixtures Industry Inventory Turnover Trends and Statistics
Consumer Discretionary Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
HOFT's Inventory Turnover Ratio versus Furniture & Fixtures Industry, Consumer Discretionary Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for HOFT's Competitors
Inventory Turnover Ratio for HOFT's Suppliers
Inventory Turnover Ratio for HOFT's Customers

You may also want to know
HOFT's Sales Growth Rates HOFT's Pe Price to earnings ratio HOFT's Receivables Turnover Ratio HOFT's Stock Quote
HOFT's Net Income Growth Rates HOFT's Ps Price to Sales ratio HOFT's Sales per Employee HOFT's Asset Turnover Ratio
HOFT's Net Margin HOFT's Pb Price to Book ratio HOFT's Financial Strength Ratios HOFT's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Oct 29 2023, within Consumer Discretionary Sector Inventory Turnover Ratio Cost of revenues at quarter ending Oct 29 2023 Inventories at quarter ending Oct 29 2023
Adient Plc  15.92 $ 14,362.000  Millions$ 902  Millions
Cooper standard Holdings Inc   14.67 $ 2,510.017  Millions$ 171  Millions
Lear Corp  12.46 $ 21,319.800  Millions$ 1,711  Millions
American Axle and Manufacturing Holdings Inc  11.52 $ 5,371.800  Millions$ 467  Millions
Garrett Motion Inc   10.57 $ 3,111.000  Millions$ 294  Millions
Visteon Corporation  10.52 $ 3,557.000  Millions$ 338  Millions
Polished com Inc   10.43 $ 414.139  Millions$ 40  Millions
Electrameccanica Vehicles Corp   10.06 $ 35.519  Millions$ 4  Millions
Graybar Electric Company Inc   9.16 $ 8,777.100  Millions$ 958  Millions
Ford Motor Co  8.90 $ 147,504.000  Millions$ 16,580  Millions
Autoliv Inc   8.39 $ 8,099.000  Millions$ 965  Millions
Luminar Technologies Inc   8.29 $ 125.859  Millions$ 15  Millions
General Motors Company  8.10 $ 139,299.000  Millions$ 17,194  Millions
Borgwarner Inc   7.99 $ 13,327.000  Millions$ 1,669  Millions
Otis Worldwide Corporation  7.74 $ 4,881.000  Millions$ 631  Millions
Superior Industries International Inc   7.43 $ 1,321.691  Millions$ 178  Millions
Shyft Group Inc   7.42 $ 790.585  Millions$ 106  Millions
Cintas Corporation  7.19 $ 3,688.992  Millions$ 513  Millions
Sleep Number Corporation  7.14 $ 836.561  Millions$ 117  Millions
Jakks Pacific Inc   7.13 $ 496.365  Millions$ 70  Millions
Whirlpool Corp  6.99 $ 16,267.000  Millions$ 2,328  Millions
Skyx Platforms Corp   6.83 $ 24.314  Millions$ 4  Millions
Aptiv Plc  6.82 $ 16,442.000  Millions$ 2,409  Millions
Commercial Vehicle Group Inc   6.53 $ 885.017  Millions$ 135  Millions
Modine Manufacturing Co  6.13 $ 1,981.200  Millions$ 323  Millions
Novo Integrated Sciences Inc   6.01 $ 5.978  Millions$ 1  Millions
Allison Transmission Holdings Inc   5.93 $ 1,541.000  Millions$ 260  Millions
Wesco International Inc   5.77 $ 20,707.103  Millions$ 3,589  Millions
Dana Inc   5.73 $ 9,700.000  Millions$ 1,694  Millions
Tesla Inc   5.57 $ 76,925.000  Millions$ 13,823  Millions

Date modified: 2023-12-09T14:18:35+00:00



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