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Hooker Furnishings Corporation  (HOFT)
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Hooker Furnishings's Working Capital Ratio

HOFT's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2023, Working Capital Ratio fell to 4.32 below Hooker Furnishings Corporation average.

Within Furniture & Fixtures industry Hooker Furnishings Corporation booked the highest Working Capital Ratio than Hooker Furnishings in the third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 1005 to 1017.

Explain Working Capital Ratio
How much in Current Assets HOFT´s has?
What is the value of HOFT´s Current Liabilities?


HOFT Working Capital 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 Current Liabilities Change -21.7 % -38.83 % -40.64 % -12.12 % 42.34 %
Y / Y Current Assets Change -20.75 % -27.66 % -18.3 % -15.47 % 3.92 %
Working Capital Ratio MRQ 4.32 4.86 4.96 4.29 4.27
HOFT's Total Ranking # 1017 # 1005 # 1037 # 1202 # 1302
Seq. Current Liabilities Change 18.41 % -0.98 % -20.55 % -15.95 % -7.49 %
Seq. Current Assets Change 5.26 % -3 % -8.26 % -15.4 % -3.9 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Furniture & Fixtures Industry # 1
Consumer Discretionary Sector # 31
Overall Market # 1017


Working Capital Ratio Statistics
High Average Low
9.85 5.66 3.49
(May 03 2015)   (Aug 02 2020)




Financial Statements
Hooker Furnishings's Current Liabilities $ 47 Millions Visit HOFT's Balance sheet
Hooker Furnishings's Current Assets $ 201 Millions Visit HOFT's Balance sheet
Source of HOFT's Sales Visit HOFT's Sales by Geography


Cumulative Hooker Furnishings's Working Capital Ratio

HOFT's Working Capital Ratio for the trailling 12 Months

HOFT Working Capital 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 Current Liabilities TTM Growth -21.7 % -38.83 % -40.64 % -12.12 % 42.34 %
Y / Y Current Assets TTM Growth -20.75 % -27.66 % -18.3 % -15.47 % 3.92 %
Working Capital Ratio TTM 4.58 4.54 4.35 4.05 4.09
Total Ranking TTM # 786 # 863 # 982 # 1210 # 1230
Seq. Current Liabilities TTM Growth 18.41 % -0.98 % -20.55 % -15.95 % -7.49 %
Seq. Current Assets TTM Growth 5.26 % -3 % -8.26 % -15.4 % -3.9 %


On the trailing twelve months basis Current Liabilities decreased faster than Hooker Furnishings's average Current Assets, this led to increase in in Hooker Furnishings's Working Capital Ratio to 4.58, Working Capital Ratio remained below HOFT average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Furniture & Fixtures industry 16 other companies have achieved higher Working Capital Ratio than Hooker Furnishings. While Working Capital Ratio overall ranking has improved so far to 779, from total ranking during the twelve months ending second quarter 2023 at 3910.

Explain Working Capital Ratio
How much in Current Assets HOFT´s has?
What is the value of HOFT´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Furniture & Fixtures Industry # 17
Consumer Discretionary Sector # 180
Within the Market # 1017


trailing twelve months Working Capital Ratio Statistics
High Average Low
8.75 5.11 3.75
(Jan 31 2016)   (Jan 31 2021)




Companies with similar Working Capital Ratio in the quarter ending Oct 29 2023, within Furniture & Fixtures Industry Working Capital RatioOct 29 2023 MRQ Current AssetsOct 29 2023 MRQ Current Liabilities
Hooker Furnishings Corporation  4.32 $ 201.287  Millions$ 46.616  Millions
Flexsteel Industries Inc   3.53 $ 165.155  Millions$ 46.834  Millions
Interface Inc  2.94 $ 585.840  Millions$ 199.360  Millions
The Dixie Group Inc   2.85 $ 120.675  Millions$ 42.317  Millions
La z boy Incorporated  2.37 $ 841.016  Millions$ 354.413  Millions
Tile shop holdings inc   2.20 $ 130.024  Millions$ 59.116  Millions
Ethan Allen Interiors Inc   2.14 $ 352.798  Millions$ 164.942  Millions
Bassett Furniture Industries Incorporated  1.96 $ 161.077  Millions$ 82.043  Millions
Masterbrand Inc   1.94 $ 684.000  Millions$ 352.500  Millions
Leggett and Platt Inc  1.87 $ 1,886.200  Millions$ 1,009.100  Millions
Mohawk Industries Inc   1.73 $ 5,504.325  Millions$ 3,188.574  Millions
Nova Lifestyle Inc   1.55 $ 3.642  Millions$ 2.351  Millions
Luvu Brands Inc   1.52 $ 6.484  Millions$ 4.255  Millions
Tempur Sealy International Inc   1.32 $ 1,247.700  Millions$ 946.200  Millions
Williams sonoma Inc   1.31 $ 2,347.335  Millions$ 1,788.986  Millions
Polished com Inc   1.18 $ 107.513  Millions$ 90.968  Millions
Container Store Group Inc   1.14 $ 231.756  Millions$ 203.962  Millions

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



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