Hooker Inventory Turnover from 2010 to 2024

HOFT Stock  USD 14.04  0.48  3.31%   
Hooker Furniture Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover is likely to outpace its year average in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
5.27964086
Current Value
6.09092205
Quarterly Volatility
0.77709906
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hooker Furniture financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hooker Furniture's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.2 M, Interest Expense of 1.3 M or Total Revenue of 393.5 M, as well as many indicators such as Price To Sales Ratio of 0.68, Dividend Yield of 0.0214 or PTB Ratio of 1.42. Hooker financial statements analysis is a perfect complement when working with Hooker Furniture Valuation or Volatility modules.
  
Check out the analysis of Hooker Furniture Correlation against competitors.
For more information on how to buy Hooker Stock please use our How to Invest in Hooker Furniture guide.

Latest Hooker Furniture's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Hooker Furniture over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Hooker Furniture's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hooker Furniture's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Hooker Inventory Turnover Regression Statistics

Arithmetic Mean4.90
Geometric Mean4.83
Coefficient Of Variation15.87
Mean Deviation0.67
Median5.28
Standard Deviation0.78
Sample Variance0.60
Range2.7567
R-Value0.86
Mean Square Error0.17
R-Squared0.73
Significance0.000046
Slope0.15
Total Sum of Squares8.45

Hooker Inventory Turnover History

2024 6.09
2020 5.28
2015 5.35
2011 4.04
2010 3.33

About Hooker Furniture Financial Statements

Hooker Furniture shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Hooker Furniture investors may analyze each financial statement separately, they are all interrelated. The changes in Hooker Furniture's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hooker Furniture's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 5.28  6.09 

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Additional Tools for Hooker Stock Analysis

When running Hooker Furniture's price analysis, check to measure Hooker Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hooker Furniture is operating at the current time. Most of Hooker Furniture's value examination focuses on studying past and present price action to predict the probability of Hooker Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hooker Furniture's price. Additionally, you may evaluate how the addition of Hooker Furniture to your portfolios can decrease your overall portfolio volatility.