HHSE (Hannover House) Days Inventory : 68,985.00 (As of Dec. 2020)

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What is Hannover House Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hannover House's Average Total Inventories for the six months ended in Dec. 2020 was $0.19 Mil. Hannover House's Cost of Goods Sold for the six months ended in Dec. 2020 was $0.00 Mil. Hence, Hannover House's Days Inventory for the six months ended in Dec. 2020 was 34,492.50.

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

HHSE's Days Inventory is not ranked ^*
in the Media - Diversified industry.
Industry Median: 24.87
* Ranked among companies with meaningful Days Inventory only.

Hannover House's Days Inventory increased from Dec. 2014 (0.00) to Dec. 2020 (68,985.00). It might indicate that Hannover House's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hannover House's Inventory Turnover for the six months ended in Dec. 2020 was 0.01.

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. Hannover House's Inventory-to-Revenue for the six months ended in Dec. 2020 was 0.39.

Hannover House Days Inventory Historical Data

The historical data trend for Hannover House'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.

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Hannover House Days Inventory Chart

Hannover House Annual Data

Trend

Dec14

Dec15

Dec20

Days Inventory

32.06

68,985.00

Hannover House Semi-Annual Data
	Dec14	Dec15	Dec20
Days Inventory	-	32.06	68,985.00

Competitive Comparison of Hannover House's Days Inventory

For the Entertainment subindustry, Hannover House'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.

Hannover House's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hannover House's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hannover House's Days Inventory falls into.

Hannover House Days Inventory Calculation

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

Hannover House's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

	Days Inventory (A: Dec. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (0.277	+	0.101)	/	2 )	/	0.001	*	365
=	0.189					/	0.001	*	365
=	68,985.00

Hannover House's Days Inventory for the quarter that ended in Dec. 2020 is calculated as:

	Days Inventory (Q: Dec. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2015 )	+	Total Inventories (Q: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
=	( (0.277	+	0.101)	/	2 )	/	0.001	*	365 / 2
=	0.189					/	0.001	*	365 / 2
=	34,492.50

Hannover House (OTCPK:HHSE) 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.

Hannover House's Inventory Turnover for the six months ended in Dec. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.001	/	0.189
	=	0.01

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.

Hannover House's Inventory to Revenue for the six months ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.189	/	0.489
	=	0.39

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.

Hannover House Days Inventory Related Terms

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

Hannover House Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hannover House Inc (OTCPK:HHSE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1621 Central Avenue, Cheyenne, WY, USA, 82001

Website

https://www.hannoverhouse.com

Hannover House Inc is a media production and distribution enterprise, involved in book publishing, feature film and video production, and distribution of feature films and videos through various media platforms and territories world-wide.

Executives