Hershey Inventory Turnover from 2010 to 2024

HSY Stock  USD 175.54  0.73  0.42%   
Hershey Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 4.02 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
4.55897258
Current Value
4.02
Quarterly Volatility
0.65801548
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hershey financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hershey's main balance sheet or income statement drivers, such as Depreciation And Amortization of 440.8 M, Interest Expense of 169.6 M or Total Revenue of 5.8 B, as well as many indicators such as Price To Sales Ratio of 1.79, Dividend Yield of 0.0167 or PTB Ratio of 8.57. Hershey financial statements analysis is a perfect complement when working with Hershey Valuation or Volatility modules.
  
Check out the analysis of Hershey Correlation against competitors.

Latest Hershey's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Hershey Co 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. Hershey's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hershey'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  

Hershey Inventory Turnover Regression Statistics

Arithmetic Mean5.31
Geometric Mean5.27
Coefficient Of Variation12.40
Mean Deviation0.47
Median5.35
Standard Deviation0.66
Sample Variance0.43
Range2.7579
R-Value(0.84)
Mean Square Error0.14
R-Squared0.71
Significance0.00008
Slope(0.12)
Total Sum of Squares6.06

Hershey Inventory Turnover History

2024 4.02
2023 4.56
2022 5.05
2021 4.98
2020 4.61
2019 5.35
2018 5.37

About Hershey Financial Statements

Hershey investors use historical fundamental indicators, such as Hershey's Inventory Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hershey. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 4.56  4.02 

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Additional Tools for Hershey Stock Analysis

When running Hershey's price analysis, check to measure Hershey'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 Hershey is operating at the current time. Most of Hershey's value examination focuses on studying past and present price action to predict the probability of Hershey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hershey's price. Additionally, you may evaluate how the addition of Hershey to your portfolios can decrease your overall portfolio volatility.