GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Mountain High Acquisitions Corp (OTCPK:MYHI) » Definitions » Total Inventories

Mountain High Acquisitions (Mountain High Acquisitions) Total Inventories : $0.00 Mil (As of Dec. 2020)


View and export this data going back to 2012. Start your Free Trial

What is Mountain High Acquisitions Total Inventories?

Mountain High Acquisitions's total inventories for the quarter that ended in Dec. 2020 was $0.00 Mil. Mountain High Acquisitions's average total inventories from the quarter that ended in Sep. 2020 to the quarter that ended in Dec. 2020 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mountain High Acquisitions's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 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.


Mountain High Acquisitions Total Inventories Historical Data

The historical data trend for Mountain High Acquisitions'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.

Mountain High Acquisitions Total Inventories Chart

Mountain High Acquisitions Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 - - - -

Mountain High Acquisitions Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 - - - - -

Mountain High Acquisitions 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.


Mountain High Acquisitions  (OTCPK:MYHI) 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.

Mountain High Acquisitions's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 is

Net-Net Working Capital Per Share (Q: Dec. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.002+0.75 * 0+0.5 * 0-0.207
-0-0)/246.936
=-0.00

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

Mountain High Acquisitions's Days Inventory for the three months ended in Dec. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2020 )/Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=0/0*365 / 4
=

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

Mountain High Acquisitions's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2020 ) / Average Total Inventories (Q: Dec. 2020 )
=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.

Mountain High Acquisitions's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=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.


Mountain High Acquisitions Total Inventories Related Terms

Thank you for viewing the detailed overview of Mountain High Acquisitions's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Mountain High Acquisitions (Mountain High Acquisitions) Business Description

Traded in Other Exchanges
N/A
Address
6501 E Greenway Parkway, Suite 103-412, Scottsdale, AZ, USA, 85254
Mountain High Acquisitions Corp is turnkey, cutting-edge infrastructure provider to licensed cannabis growers, processors, and producers in regulated markets. In addition to assisting in the design, permitting, development and operation of scalable infrastructure, the company helps licensed operators leverage scientific and technological innovations specifically geared to optimize the cultivation and processing of cannabis.
Executives
Alan M Smith director, officer: President, CEO and Treasurer 1624 MARKET STREET, SUITE 202, DENVER CO 80202
Judy Pham 10 percent owner 578 WASHINGTON BLVD. SUITE 578 MARINA DEL REY CA 90292
Alchemy Capital Llc 10 percent owner 578 WASHINGTON BLVD. SUITE 578 MARINA DEL REY CA 90292
Trilogy Capital Llc 10 percent owner 578 WASHINGTON BOULEVARD SUITE 578 MARINA DEL REY CA 90292
Matthew Wayne Walker director 1740 GERANIUM STREET CARLSBAD CA 92011
Richard G Stifel other: Consultant 6501 E. GREENWAY PKWY, SUITE 103-412, SCOTTSDALE AZ 85254
Raymond Watt director 16339 PINTRO RIDGE DRIVE SAN DIEGO CA 92127
Steve S Sinohui 10 percent owner 2789 S. LAMAR STREET DENVER CO 80227