HCGS (HighCom Global Security) Total Inventories: $2.06 Mil (As of Dec. 2018)


What is HighCom Global Security Total Inventories?

HighCom Global Security HCGS Total Inventories is $2.06 Mil as of Dec. 2018.

HighCom Global Security's total inventories for the quarter that ended in Dec. 2018 was $2.06 Mil. HighCom Global Security's average total inventories from the quarter that ended in Sep. 2018 to the quarter that ended in Dec. 2018 was $1.90 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. HighCom Global Security's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HighCom Global Security's Days Inventory for the three months ended in Dec. 2018 was 109.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. HighCom Global Security's Inventory Turnover for the quarter that ended in Dec. 2018 was 0.83.

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. HighCom Global Security's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.74.


HighCom Global Security  (OTCPK:HCGS) 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.

HighCom Global Security's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 is

Net-Net Working Capital Per Share (Q: Dec. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.131+0.75 * 1.361+0.5 * 2.058-1.222
-0-0.045)/386.014
=0.00

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

HighCom Global Security's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2018 )/Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=1.897/1.582*365 / 4
=109.42

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

HighCom Global Security's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2018 ) / Average Total Inventories (Q: Dec. 2018 )
=1.582 / 1.897
=0.83

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.

HighCom Global Security's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=1.897 / 2.565
=0.74

* 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.


HighCom Global Security Total Inventories Related Terms


HighCom Global Security Total Inventories Historical Data

* Premium members only.

The historical data trend for HighCom Global Security'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.

HighCom Global Security Total Inventories Chart

HighCom Global Security Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 1.21 1.93 1.70 2.06

HighCom Global Security Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 1.70 1.82 1.62 1.74 2.06

HighCom Global Security 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $2.06 Mil mean?
HighCom Global Security (HCGS) has a Total Inventories of $2.06 Mil as of Dec. 2018. The total amount of inventory as recorded on a company's balance sheet. View historical data for HighCom Global Security and its competitors.
Is HighCom Global Security's Total Inventories too high?
HighCom Global Security's current Total Inventories is $2.06 Mil.
How does HighCom Global Security's Total Inventories compare to DTII and UUU?
HighCom Global Security's Total Inventories of $2.06 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Business Services company?
A good Total Inventories depends on the Business Services industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for HighCom Global Security and its competitors. HighCom Global Security's current Total Inventories is $2.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HighCom Global Security stock overvalued right now?
HighCom Global Security (HCGS) has a current Total Inventories of $2.06 Mil. The current Total Inventories is $2.06 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For HighCom Global Security (HCGS), the current Total Inventories is $2.06 Mil as of Dec. 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.

HighCom Global Security Business Description

Address 2901 East 4th Avenue, Unit J, Columbus, OH, USA, 43219
HighCom Global Security Inc is a provider of equipment and services for the security and defense industries. It acquires, manages and builds businesses which provide specialized, mission-critical solutions that address the needs of its customers. The company's businesses continuously develops solutions that enable customers to achieve their objectives. Its HighCom Armor division provides high performance and affordable body armor, personal protective equipment, and armor systems and related accessories, while its BlastGard division has patented BlastWrap technology that acts as a virtual tent to effectively mitigate blast effects and suppress post-blast fires.