HPS (John Hancock Preferredome Fund III) Change In Inventory: $0.00 Mil (TTM As of Jan. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HPS John Hancock Preferred Income Fund III HPS
30 GF Score
Price $14.34
! 6 Warning Signs
View Full Analysis

What is John Hancock Preferredome Fund III Change In Inventory?

John Hancock Preferredome Fund III HPS +0.14% 30 Change In Inventory is $0.00 Mil as of Jan. 2026. GuruFocus rates HPS with a GF Score™ of 30/100. The stock has 6 warning signs investors should review.

John Hancock Preferredome Fund III's change in inventory for the quarter that ended in Jan. 2026 was $0.00 Mil. It means John Hancock Preferredome Fund III's inventory stayed the same from Jul. 2025 to Jan. 2026 .

John Hancock Preferredome Fund III's change in inventory for the fiscal year that ended in Jul. 2025 was $0.00 Mil. It means John Hancock Preferredome Fund III's inventory stayed the same from Jul. 2024 to Jul. 2025 .

John Hancock Preferredome Fund III's Total Inventories for the quarter that ended in Jan. 2026 was $0.00 Mil.

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. John Hancock Preferredome Fund III's Inventory-to-Revenue for the quarter that ended in Jan. 2026 was 0.00.

John Hancock Preferredome Fund III  (NYSE:HPS) Change In Inventory Explanation

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

John Hancock Preferredome Fund III's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0/0*365 / 2
=N/A

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

John Hancock Preferredome Fund III's Inventory Turnover for the quarter that ended in Jan. 2026 is calculated as

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

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.

John Hancock Preferredome Fund III's Inventory to Revenue for the quarter that ended in Jan. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 23.913
=0.00

* 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.

John Hancock Preferredome Fund III Change In Inventory Related Terms

John Hancock Preferredome Fund III Change In Inventory Historical Data

* Premium members only.

The historical data trend for John Hancock Preferredome Fund III'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.

John Hancock Preferredome Fund III Change In Inventory Chart

John Hancock Preferredome Fund III Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

John Hancock Preferredome Fund III Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.00 0.00 0.00 0.00 0.00
HPS
30GF Score
John Hancock Preferred Income Fund III HPS
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

John Hancock Preferredome Fund III 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 Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
John Hancock Preferredome Fund III (HPS) has a Change In Inventory of $0.00 Mil as of Jan. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for John Hancock Preferredome Fund III and its competitors.
Is John Hancock Preferredome Fund III's Change In Inventory too high?
John Hancock Preferredome Fund III's current Change In Inventory is $0.00 Mil. Overall, John Hancock Preferredome Fund III has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund III's Change In Inventory compare to NBB and VVR?
John Hancock Preferredome Fund III's Change In Inventory of $0.00 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Change In Inventory depends on the Asset Management 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 John Hancock Preferredome Fund III and its competitors. John Hancock Preferredome Fund III's current Change In Inventory is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund III stock overvalued right now?
John Hancock Preferredome Fund III (HPS) has a current Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 Mil. John Hancock Preferredome Fund III's overall GF Score™ is 30/100 with 6 warning signs to review. 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 John Hancock Preferredome Fund III (HPS), the current Change In Inventory is $0.00 Mil as of Jan. 2026. 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.

John Hancock Preferredome Fund III Business Description

Address 200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Preferred Income Fund III is a closed-end, diversified management investment company. Its investment objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve the objectives by investing a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. The portfolio composition of the company consists of the U.S. preferred securities, foreign preferred securities, common stocks, corporate bonds, and the short-term investments.
30GF Score

Get the complete analysis for HPS

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.34
Price