HVCW (Harrison Vickers and Waterman) Days Inventory: 32.70 (As of Jun. 2019)


What is Harrison Vickers and Waterman Days Inventory?

Harrison Vickers and Waterman HVCW -99.00% Days Inventory is 32.70 as of Jun. 2019.

Days Inventory is also known as Days Sales of Inventory (DSI). Harrison Vickers and Waterman's Average Total Inventories for the six months ended in Jun. 2019 was $0.11 Mil. Harrison Vickers and Waterman's Cost of Goods Sold for the six months ended in Jun. 2019 was $1.23 Mil. Hence, Harrison Vickers and Waterman's Days Inventory for the six months ended in Jun. 2019 was 16.35.

The historical rank and industry rank for Harrison Vickers and Waterman's Days Inventory or its related term are showing as below:

HVCW's Days Inventory is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 169.51
* Ranked among companies with meaningful Days Inventory only.

Harrison Vickers and Waterman's Days Inventory declined from Jun. 2015 (65.55) to Jun. 2019 (32.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Harrison Vickers and Waterman's Inventory Turnover for the six months ended in Jun. 2019 was 11.16.

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. Harrison Vickers and Waterman's Inventory-to-Revenue for the six months ended in Jun. 2019 was 0.03.

Harrison Vickers and Waterman  (OTCPK:HVCW) 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.

Harrison Vickers and Waterman's Inventory Turnover for the six months ended in Jun. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1.228 / 0.11
=11.16

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.

Harrison Vickers and Waterman's Inventory to Revenue for the six months ended in Jun. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.11 / 4.258
=0.03

* 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

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.

Harrison Vickers and Waterman Days Inventory Related Terms

Harrison Vickers and Waterman Days Inventory Historical Data

* Premium members only.

The historical data trend for Harrison Vickers and Waterman'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.

Harrison Vickers and Waterman Days Inventory Chart

Harrison Vickers and Waterman Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun19
Days Inventory
0.00 0.00 65.55 35.57 32.70

Harrison Vickers and Waterman Semi-Annual Data
Jun13 Jun14 Jun15 Jun16 Jun19
Days Inventory 0.00 0.00 65.55 35.57 32.70

HVCW vs IOUFF, GRVFF, STXMF: Days Inventory Comparison

For the Beverages - Brewers subindustry, Harrison Vickers and Waterman'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.

Harrison Vickers and Waterman Days Inventory vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harrison Vickers and Waterman's Days Inventory distribution charts can be found below:

* The bar in red indicates where Harrison Vickers and Waterman's Days Inventory falls into.


Harrison Vickers and Waterman Days Inventory Calculation

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

Harrison Vickers and Waterman's Days Inventory for the fiscal year that ended in Jun. 2019 is calculated as

Days Inventory (A: Jun. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2016 ) + Total Inventories (A: Jun. 2019 )) / count ) / Cost of Goods Sold (A: Jun. 2019 )*Days in Period
=( (0.142 + 0.078) / 2 ) / 1.228*365
=0.11 / 1.228*365
=32.70

Harrison Vickers and Waterman's Days Inventory for the quarter that ended in Jun. 2019 is calculated as:

Days Inventory (Q: Jun. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2016 ) + Total Inventories (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (0.142 + 0.078) / 2 ) / 1.228*365 / 2
=0.11 / 1.228*365 / 2
=16.35

* 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 Days Inventory →
What does a Days Inventory of 32.70 mean?
Harrison Vickers and Waterman (HVCW) has a Days Inventory of 32.70 as of Jun. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Harrison Vickers and Waterman and its competitors.
Is Harrison Vickers and Waterman's Days Inventory too high?
Harrison Vickers and Waterman's current Days Inventory is 32.70. The Beverages - Alcoholic industry median Days Inventory is 169.51. Harrison Vickers and Waterman's value of 32.70 is 80.7% below this industry median.
How does Harrison Vickers and Waterman's Days Inventory compare to IOUFF and GRVFF?
Harrison Vickers and Waterman's Days Inventory of 32.70 can be compared against companies in the Beverages - Alcoholic industry. The industry median Days Inventory is 169.51. Harrison Vickers and Waterman's value of 32.70 is 80.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Beverages - Alcoholic company?
The median Days Inventory among Beverages - Alcoholic companies is 169.51, based on 203 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harrison Vickers and Waterman's current Days Inventory of 32.70 is 80.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Harrison Vickers and Waterman and its competitors. For the Beverages - Alcoholic industry, the median Days Inventory is 169.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harrison Vickers and Waterman's current Days Inventory is 32.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrison Vickers and Waterman stock overvalued right now?
Harrison Vickers and Waterman (HVCW) has a current Days Inventory of 32.70. The current Days Inventory is 32.70 and 80.7% below the Beverages - Alcoholic industry median of 169.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Harrison Vickers and Waterman (HVCW), the current Days Inventory is 32.70 as of Jun. 2019. 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.

Harrison Vickers and Waterman Business Description

Address 5781 Schaefer Avenue, Suite C, Chino, CA, USA, 91710
Harrison Vickers and Waterman Inc is a shell company.