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Houlihan Lokey's total inventories for the quarter that ended in Jun. 2024 was $0 Mil. Houlihan Lokey's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was $0 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Houlihan Lokey's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-7.33.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Houlihan Lokey's Days Inventory for the three months ended in Jun. 2024 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
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. Houlihan Lokey's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.
The historical data trend for Houlihan Lokey's Total Inventories 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.
Houlihan Lokey Annual Data | |||||||||||||||||||||
Trend | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | Mar24 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
Houlihan Lokey Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
Houlihan Lokey (NYSE:HLI) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
Houlihan Lokey's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is
Net-Net Working Capital Per Share (Q: Jun. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (459.189 | + | 0.75 * 192.587 | + | 0.5 * 0 | - | 1113.438 |
- | 0 | - | 0) | / | 69.5103 | ||
= | -7.33 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Houlihan Lokey's Days Inventory for the three months ended in Jun. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Jun. 2024 ) | / | Cost of Goods Sold (Q: Jun. 2024 ) | * | Days in Period |
= | 0 | / | 330.116 | * | 365 / 4 | |
= | 0.00 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Houlihan Lokey's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Jun. 2024 ) | / | Average Total Inventories (Q: Jun. 2024 ) |
= | 330.116 | / | 0 | |
= | N/A |
4. 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.
Houlihan Lokey's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Jun. 2024 ) | / | Revenue (Q: Jun. 2024 ) |
= | 0 | / | 513.609 | |
= | 0.00 |
* 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
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Thank you for viewing the detailed overview of Houlihan Lokey's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Gillian Beth Zucker | director | C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BOULEVARD, 5TH FLOOR, LOS ANGELES AR 90067 |
Christopher M Crain | officer: GENERAL COUNSEL | C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FL, LOS ANGELES CA 90067 |
Scott L Beiser | director, officer: CHIEF EXECUTIVE OFFICER | C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FL, LOS ANGELES CA 90067 |
Irwin Gold | director, 10 percent owner, officer: EXECUTIVE CHAIRMAN | |
David A Preiser | director, officer: CO-PRESIDENT | |
J Lindsey Alley | officer: CHIEF FINANCIAL OFFICER | C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FL, LOS ANGELES CA 90067 |
Robert A Schriesheim | director | 3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179 |
Todd J Carter | director | 700 CANAL STREET, THIRD FLOOR, STAMFORD CT 06902 |
Paul Andrew Zuber | director | C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES CA 90067 |
Scott Joseph Adelson | director, officer: CO-PRESIDENT | 1930 CENTURY PARK WEST, LOS ANGELES CA 90067 |
Ekpedeme M Bassey | director | C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES CA 90067 |
Cyrus D. Walker | director | C/O MARIPOSA CAPITAL, LLC, 500 SOUTH POINTE DRIVE, SUITE 240, MIAMI BEACH FL 33139 |
Orix Hlhz Holding Llc | 10 percent owner | 1717 MAIN STREET, SUITE 900, DALLAS TX 75201 |
Orix Corp | 10 percent owner | WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135 |
Jacqueline B Kosecoff | director | 5960 HEISLEY ROAD, MENTOR OH 44060 |
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