Hero Technologies (Hero Technologies) Days Inventory : 0.00 (As of Sep. 2023)

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What is Hero Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hero Technologies's Average Total Inventories for the three months ended in Sep. 2023 was $0.00 Mil. Hero Technologies's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil.

The historical rank and industry rank for Hero Technologies's Days Inventory or its related term are showing as below:

During the past 13 years, Hero Technologies's highest Days Inventory was 365.00. The lowest was 365.00. And the median was 365.00.

HENC's Days Inventory is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 158.365
* Ranked among companies with meaningful Days Inventory only.

Hero Technologies's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (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.

Hero Technologies Days Inventory Historical Data

The historical data trend for Hero Technologies's Days Inventory 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.

Hero Technologies Days Inventory Chart

Hero Technologies Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec20

Dec21

Dec22

Days Inventory

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365.00

Hero Technologies Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Mar18	Jun18	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Hero Technologies's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Hero Technologies's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hero Technologies's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hero Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hero Technologies's Days Inventory falls into.

Hero Technologies Days Inventory Calculation

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 fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Hero Technologies's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Hero Technologies (OTCPK:HENC) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Hero Technologies's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

2. 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 three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Hero Technologies Days Inventory Related Terms

Thank you for viewing the detailed overview of Hero Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Hero Technologies (Hero Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hero Technologies Inc (OTCPK:HENC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 The Green, Suite 4000, Dover, DE, USA, 19901

Website

https://www.herotechnologiesinc.com

Hero Technologies Inc is a cannabis company with a vertically integrated business model and plan that includes cannabis genetic engineering, farmland for medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, retail operations, and dispensaries. It focuses on two principal segments of the cannabis industry, cultivation, and the dispensary business model, including combinations.

Executives

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