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Hypercharge Networks (TSXV:HC) Total Inventories : C$0.66 Mil (As of Dec. 2023)


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What is Hypercharge Networks Total Inventories?

Hypercharge Networks's total inventories for the quarter that ended in Dec. 2023 was C$0.66 Mil. Hypercharge Networks's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was C$0.81 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hypercharge Networks's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hypercharge Networks's Days Inventory for the three months ended in Dec. 2023 was 182.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hypercharge Networks's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.50.

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. Hypercharge Networks's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.39.


Hypercharge Networks Total Inventories Historical Data

The historical data trend for Hypercharge Networks'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.

Hypercharge Networks Total Inventories Chart

Hypercharge Networks Annual Data
Trend Aug21
Total Inventories
-

Hypercharge Networks Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Dec22 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 1.10 1.12 0.96 0.66

Hypercharge Networks 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.


Hypercharge Networks  (TSXV:HC) 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.

Hypercharge Networks's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.368+0.75 * 1.021+0.5 * 0.658-2.25
-0-0)/69.1406
=0.05

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

Hypercharge Networks's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.8075/0.403*365 / 4
=182.84

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

Hypercharge Networks's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0.403 / 0.8075
=0.50

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.

Hypercharge Networks's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.8075 / 0.582
=1.39

* 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.


Hypercharge Networks Total Inventories Related Terms

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Hypercharge Networks (TSXV:HC) Business Description

Traded in Other Exchanges
Address
1075 West 1st Street, Suite 208, North Vancouver, BC, CAN, V7P 3T4
Hypercharge Networks Corp is an electric vehicle supply equipment company that provides turnkey electric vehicle charging solutions. As a clean-technology innovator, the company's mission is to accelerate EV adoption and shift towards a carbon-neutral economy by providing seamless, simple charging experiences through industry equipment and a robust network of public and private charging stations. It has a single segment, the sale of EV charging equipment, software, and maintenance contracts.
Executives
Jason Baybutt Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

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