HPMM (Hemp Naturals) Inventory Turnover: 0.00 (As of Nov. 2018)


What is Hemp Naturals Inventory Turnover?

Hemp Naturals HPMM -95.00% Inventory Turnover is 0.00 as of Nov. 2018.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Hemp Naturals's Cost of Goods Sold for the three months ended in Nov. 2018 was $0.00 Mil. Hemp Naturals's Average Total Inventories for the quarter that ended in Nov. 2018 was $0.01 Mil. Hemp Naturals's Inventory Turnover for the quarter that ended in Nov. 2018 was 0.00.

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

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.

Hemp Naturals  (OTCPK:HPMM) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Hemp Naturals's Days Inventory for the three months ended in Nov. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2018 )/Cost of Goods Sold (Q: Nov. 2018 )*Days in Period
=0.011/0*365 / 4
=

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.

Hemp Naturals's Inventory to Revenue for the quarter that ended in Nov. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2018 ) / Revenue (Q: Nov. 2018 )
=0.011 / 0
=

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Hemp Naturals Inventory Turnover Related Terms

Hemp Naturals Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hemp Naturals's Inventory Turnover 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.

Hemp Naturals Inventory Turnover Chart

Hemp Naturals Annual Data
Trend Nov15 Nov16 Nov17 Nov18
Inventory Turnover
0.00 0.00 0.00 0.00

Hemp Naturals Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18
Inventory Turnover Get a 7-Day Free Trial 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

Hemp Naturals Inventory Turnover Calculation

Hemp Naturals's Inventory Turnover for the fiscal year that ended in Nov. 2018 is calculated as

Inventory Turnover (A: Nov. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2018 ) / ((Total Inventories (A: Nov. 2017 ) + Total Inventories (A: Nov. 2018 )) / count )
=0 / ((0 + 0.011) / 1 )
=0 / 0.011
=0.00

Hemp Naturals's Inventory Turnover for the quarter that ended in Nov. 2018 is calculated as

Inventory Turnover (Q: Nov. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2018 ) / ((Total Inventories (Q: Aug. 2018 ) + Total Inventories (Q: Nov. 2018 )) / count )
=0 / ((0 + 0.011) / 1 )
=0 / 0.011
=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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Hemp Naturals (HPMM) has a Inventory Turnover of 0.00 as of Nov. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hemp Naturals and its competitors.
Is Hemp Naturals' Inventory Turnover too high?
Hemp Naturals' current Inventory Turnover is 0.00.
How does Hemp Naturals' Inventory Turnover compare to RDGL and NBGV?
Hemp Naturals' Inventory Turnover of 0.00 can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Drug Manufacturers company?
A good Inventory Turnover depends on the Drug Manufacturers industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hemp Naturals and its competitors. Hemp Naturals's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemp Naturals stock overvalued right now?
Hemp Naturals (HPMM) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Hemp Naturals (HPMM), the current Inventory Turnover is 0.00 as of Nov. 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.

Hemp Naturals Business Description

Address 7441 Route 9, Plattsburgh, NY, USA, 12901
Hemp Naturals Inc is a developmental stage company that plans to research, develop, acquire, and sell products made of industrial hemp. Its product offerings include a wide range of nutritional hemp health supplements, hemp drinks and foods, and beauty supply products.