Harrison Vickers and Waterman (Harrison Vickers and Waterman) Days Inventory : 23.63 (As of Jun. 2019)

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What is Harrison Vickers and Waterman Days Inventory?

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 $0.08 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 11.81.

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: 161.23
* Ranked among companies with meaningful Days Inventory only.

Harrison Vickers and Waterman's Days Inventory increased from Jun. 2014 (0.00) to Jun. 2019 (23.63). It might indicate that Harrison Vickers and Waterman's sales slowed down.

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 15.45.

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 0.02.

Harrison Vickers and Waterman Days Inventory Historical Data

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.

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Harrison Vickers and Waterman Days Inventory Chart

Harrison Vickers and Waterman Annual Data

Trend

Jun13

Jun14

Jun15

Jun19

Days Inventory

65.55

23.63

Harrison Vickers and Waterman Semi-Annual Data
	Jun13	Jun14	Jun15	Jun19
Days Inventory	-	-	65.55	23.63

Competitive Comparison of Harrison Vickers and Waterman's Days Inventory

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's Days Inventory Distribution in the 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. 2015 )	+	Total Inventories (A: Jun. 2019 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2019 )	*	Days in Period
=	( (0.081	+	0.078)	/	2 )	/	1.228	*	365
=	0.0795					/	1.228	*	365
=	23.63

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. 2015 )	+	Total Inventories (Q: Jun. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
=	( (0.081	+	0.078)	/	2 )	/	1.228	*	365 / 2
=	0.0795					/	1.228	*	365 / 2
=	11.81

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	/	0.0795
	=	15.45

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
	=	0.0795	/	4.258
	=	0.02

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

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