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HOFT (Hooker Furnishings) Total Inventories : $64.3 Mil (As of Apr. 2025)


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What is Hooker Furnishings Total Inventories?

Hooker Furnishings's total inventories for the quarter that ended in Apr. 2025 was $64.3 Mil. Hooker Furnishings's average total inventories from the quarter that ended in Jan. 2025 to the quarter that ended in Apr. 2025 was $67.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hooker Furnishings's Net-Net Working Capital per share for the quarter that ended in Apr. 2025 was $-1.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hooker Furnishings's Days Inventory for the three months ended in Apr. 2025 was 92.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hooker Furnishings's Inventory Turnover for the quarter that ended in Apr. 2025 was 0.98.

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. Hooker Furnishings's Inventory-to-Revenue for the quarter that ended in Apr. 2025 was 0.79.


Hooker Furnishings Total Inventories Historical Data

The historical data trend for Hooker Furnishings'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.

* Premium members only.

Hooker Furnishings Total Inventories Chart

Hooker Furnishings Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.16 75.02 96.68 61.82 70.76

Hooker Furnishings Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Total Inventories 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 Premium Member Only 56.64 57.10 66.49 70.76 64.32

Hooker Furnishings Total Inventories Calculation

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.


Hooker Furnishings  (NAS:HOFT) 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.

Hooker Furnishings's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2025 is

Net-Net Working Capital Per Share (Q: Apr. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.011+0.75 * 39.597+0.5 * 64.316-100.528
-0-0)/10.712
=-1.93

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

Hooker Furnishings's Days Inventory for the three months ended in Apr. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2025 )/Cost of Goods Sold (Q: Apr. 2025 )*Days in Period
=67.5355/66.314*365 / 4
=92.93

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Hooker Furnishings's Inventory Turnover for the quarter that ended in Apr. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2025 ) / Average Total Inventories (Q: Apr. 2025 )
=66.314 / 67.5355
=0.98

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.

Hooker Furnishings's Inventory to Revenue for the quarter that ended in Apr. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2025 ) / Revenue (Q: Apr. 2025 )
=67.5355 / 85.316
=0.79

* 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.


Hooker Furnishings Total Inventories Related Terms

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Hooker Furnishings Business Description

Traded in Other Exchanges
N/A
Address
440 East Commonwealth Boulevard, Martinsville, VA, USA, 24112
Hooker Furnishings Corp is a designer, marketer and importer of casegoods (wooden and metal furniture), leather furniture, fabric-upholstered furniture, lighting, accessories, and home decor for the residential, hospitality and contract markets. It is also domestically manufactured premium residential custom leather, custom fabric-upholstered furniture, and outdoor furniture. The company operates in four segment Hooker Branded segment, Home Meridian segment, Domestic Upholstery segment and All Other.
Executives
Paulette Garafalo director HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Tonya Harris Jackson director HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Christopher L Henson director 214 N TRYON STREET, CHARLOTTE NC 28202
Maria C Duey director 440 COMMONWEALTH BLVD E, MARTINSVILLE VA 24112
Anne Jacobsen officer: Senior Vice President HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD., MARTINSVILLE VA 24112
Paul A Huckfeldt officer: Chief Financial Officer HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Beeler W Christopher Jr director C/O HOOKER FURNITURE CORP, P O BOX 4708, MARTINSVILLE VA 24115
Tod R Phelps officer: Sr. VP - Operations PO BOX 4708, MARTINSVILLE VA 24115
Toms Paul B Jr director, officer: Chief Executive Officer HOOKER FURNITURE CORP, 440 E COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Donald Lee Boone officer: Co-President HMI HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Douglas Townsend officer: Co-President HMI HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARDM, MARTINSVILLE VA 24112
Williamson Henry G Jr director HOOKER FURNITURE CORPORATION, POB 4708, MARTINSVILLE VA 24112
E Larry Ryder director C/O HOOKER FURNITURE CORP, P O BOX 4708, MARTINSVILLE VA 24115
Michael W Delgatti officer: President HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD., MARTINSVILLE VA 24112
Jeremy R Hoff officer: President HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112