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HEXO (FRA:74H) Total Inventories : €26.87 Mil (As of Apr. 2023)


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What is HEXO Total Inventories?

HEXO's total inventories for the quarter that ended in Apr. 2023 was €26.87 Mil. HEXO's average total inventories from the quarter that ended in Jan. 2023 to the quarter that ended in Apr. 2023 was €30.92 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. HEXO's Net-Net Working Capital per share for the quarter that ended in Apr. 2023 was €-3.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HEXO's Days Inventory for the three months ended in Apr. 2023 was 134.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. HEXO's Inventory Turnover for the quarter that ended in Apr. 2023 was 0.68.

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. HEXO's Inventory-to-Revenue for the quarter that ended in Apr. 2023 was 2.12.


HEXO Total Inventories Historical Data

The historical data trend for HEXO's Total Inventories 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.

* Premium members only.

HEXO Total Inventories Chart

HEXO Annual Data
Trend Sep14 Sep15 Sep16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Total Inventories
Get a 7-Day Free Trial Premium Member Only 8.31 62.09 46.74 101.01 62.55

HEXO Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
Total Inventories 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 Premium Member Only Premium Member Only 111.74 62.55 42.66 34.98 26.87

HEXO Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


HEXO  (FRA:74H) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

HEXO's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2023 is

Net-Net Working Capital Per Share (Q: Apr. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(13.527+0.75 * 14.282+0.5 * 26.867-171.759
-0-0)/43.9964
=-3.05

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

HEXO's Days Inventory for the three months ended in Apr. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2023 )/Cost of Goods Sold (Q: Apr. 2023 )*Days in Period
=30.9225/20.926*365 / 4
=134.84

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

HEXO's Inventory Turnover for the quarter that ended in Apr. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2023 ) / Average Total Inventories (Q: Apr. 2023 )
=20.926 / 30.9225
=0.68

4. 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.

HEXO's Inventory to Revenue for the quarter that ended in Apr. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2023 ) / Revenue (Q: Apr. 2023 )
=30.9225 / 14.599
=2.12

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


HEXO Total Inventories Related Terms

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HEXO (FRA:74H) Business Description

Traded in Other Exchanges
N/A
Address
120 de la Rive Road, Gatineau, QC, CAN, J8M 1V2
HEXO Corp is engaged in producing and selling cannabis and cannabis products. The company is focused on smoke-free and traditional cannabis products. The firm's products include dried flowers, oils, and vapes. It generates its revenue from various sources such as Beverage Based Adult-Use Sales, Medical, Wholesale and International sales.

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