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Hero Technologies's total inventories for the quarter that ended in Sep. 2023 was $0.00 Mil. Hero Technologies's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $0.00 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hero Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.00.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
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.
The historical data trend for Hero Technologies'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.
Hero Technologies Annual Data | |||||||||||||||||||||
Trend | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec20 | Dec21 | Dec22 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | - | - | 0.07 | - | - |
Hero Technologies Quarterly Data | ||||||||||||||||||||
Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Mar18 | Jun18 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
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.
Hero Technologies (OTCPK:HENC) 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.
Hero Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is
Net-Net Working Capital Per Share (Q: Sep. 2023 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (0.082 | + | 0.75 * 0 | + | 0.5 * 0 | - | 0.1 |
- | 0.001 | - | 0) | / | 552.692 | ||
= | -0.00 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hero Technologies's Days Inventory for the three months ended in Sep. 2023 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Sep. 2023 ) | / | Cost of Goods Sold (Q: Sep. 2023 ) | * | Days in Period |
= | 0 | / | 0 | * | 365 / 4 | |
= |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Hero Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Sep. 2023 ) | / | Average Total Inventories (Q: Sep. 2023 ) |
= | 0 | / | 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.
Hero Technologies's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Sep. 2023 ) | / | Revenue (Q: Sep. 2023 ) |
= | 0 | / | 0 | |
= |
* 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 Hero Technologies's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Gina L. Serkasevich | officer: CFO and Treasurer | 310 COMMONS TRAIL LANE, HUFFMAN TX 77336 |
Keith Elliott Macdonald | director | 203 HERITAGE PLAVE, CALGARY A0 T3Z 3P3 |
K James Ebeling | director | 3726 WICKERSHAM LANE, HOUSTON TX 77027 |
James Douglas Brown | director, 10 percent owner, officer: Secretary | 11200 WESTHEIMER, SUITE 200, HOUSTON TX 77042 |
Holloman Value Holdings, Llc | 10 percent owner | 333 NORTH SAM HOUSTON PARKWAY EAST, SUITE 600, HOUSTON TX 77060 |
Robert Wesolek | officer: Chief Financial Officer | |
Mark E. Stevenson | director, officer: Secretary | 8225 SAN DIEGO ST., ODESSA TX 79765 |
Eric C Prim | director | 4901 POLO PARKWAY, MIDLAND TX 79705 |
Grant M Petersen | officer: Chief Executive Officer | 1027 DAVIE ST., SUITE 482, VANCOUVER A1 V4E 1N9 |
Holloman Corp | other: Affiliate | 5257 WEST INTERSTATE 20, PO BOX 69410, ODESSA TX 79769 |
Holloman Oil & Gas Ltd. | 10 percent owner | 88 FORREST STREET, UNITS 8-9, COTTESLOE C3 6011 |
David R Lewis | director | 11115 EAST MONTGOMERY DRIVE, SUITE G, SPOKANE VALLEY WA 99206 |
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