HCGS (HighCom Global Security) Change In Inventory: $-0.36 Mil (TTM As of Dec. 2018)


What is HighCom Global Security Change In Inventory?

HighCom Global Security HCGS Change In Inventory is $-0.36 Mil as of Dec. 2018.

HighCom Global Security's change in inventory for the quarter that ended in Dec. 2018 was $-0.32 Mil. It means HighCom Global Security's inventory increased by $0.32 Mil from Sep. 2018 to Dec. 2018 .

HighCom Global Security's change in inventory for the fiscal year that ended in Dec. 2018 was $-0.36 Mil. It means HighCom Global Security's inventory increased by $0.36 Mil from Dec. 2017 to Dec. 2018 .

HighCom Global Security's Total Inventories for the quarter that ended in Dec. 2018 was $2.06 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HighCom Global Security's Days Inventory for the quarter that ended in Dec. 2018 was 109.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. HighCom Global Security's Inventory Turnover for the quarter that ended in Dec. 2018 was 0.83.

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. HighCom Global Security's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.74.

HighCom Global Security  (OTCPK:HCGS) Change In Inventory Explanation

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

HighCom Global Security's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.897/1.582*365 / 4
=109.42

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

HighCom Global Security's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1.582 / 1.897
=0.83

3. 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.

HighCom Global Security's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.897 / 2.565
=0.74

* 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.

HighCom Global Security Change In Inventory Related Terms

HighCom Global Security Change In Inventory Historical Data

* Premium members only.

The historical data trend for HighCom Global Security's Change In 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.

HighCom Global Security Change In Inventory Chart

HighCom Global Security Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.63 0.14 -0.73 0.13 -0.36

HighCom Global Security Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Change In Inventory 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 0.03 -0.12 0.20 -0.12 -0.32

HighCom Global Security Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.36 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-0.36 Mil mean?
HighCom Global Security (HCGS) has a Change In Inventory of $-0.36 Mil as of Dec. 2018. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for HighCom Global Security and its competitors.
Is HighCom Global Security's Change In Inventory too high?
HighCom Global Security's current Change In Inventory is $-0.36 Mil.
How does HighCom Global Security's Change In Inventory compare to DTII and UUU?
HighCom Global Security's Change In Inventory of $-0.36 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Business Services company?
A good Change In Inventory depends on the Business Services industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for HighCom Global Security and its competitors. HighCom Global Security's current Change In Inventory is $-0.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HighCom Global Security stock overvalued right now?
HighCom Global Security (HCGS) has a current Change In Inventory of $-0.36 Mil. The current Change In Inventory is $-0.36 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For HighCom Global Security (HCGS), the current Change In Inventory is $-0.36 Mil as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

HighCom Global Security Business Description

Address 2901 East 4th Avenue, Unit J, Columbus, OH, USA, 43219
HighCom Global Security Inc is a provider of equipment and services for the security and defense industries. It acquires, manages and builds businesses which provide specialized, mission-critical solutions that address the needs of its customers. The company's businesses continuously develops solutions that enable customers to achieve their objectives. Its HighCom Armor division provides high performance and affordable body armor, personal protective equipment, and armor systems and related accessories, while its BlastGard division has patented BlastWrap technology that acts as a virtual tent to effectively mitigate blast effects and suppress post-blast fires.