Hannover House (Hannover House) Total Inventories : $0.10 Mil (As of Dec. 2020)

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What is Hannover House Total Inventories?

Hannover House's total inventories for the quarter that ended in Dec. 2020 was $0.10 Mil. Hannover House's average total inventories from the quarter that ended in Dec. 2015 to the quarter that ended in Dec. 2020 was $0.19 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hannover House's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was $-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hannover House's Days Inventory for the six months ended in Dec. 2020 was 34,492.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hannover House's Inventory Turnover for the quarter that ended in Dec. 2020 was 0.01.

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. Hannover House's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.39.

Hannover House Total Inventories Historical Data

The historical data trend for Hannover House'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.

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Hannover House Total Inventories Chart

Hannover House Annual Data

Trend

Dec14

Dec15

Dec20

Total Inventories

0.28

0.10

Hannover House Semi-Annual Data
	Dec14	Dec15	Dec20
Total Inventories	-	0.28	0.10

Hannover House 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.

Hannover House (OTCPK:HHSE) 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.

Hannover House's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 is

	Net-Net Working Capital Per Share (Q: Dec. 2020 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.478	+	0.75 * 0.5	+	0.5 * 0.101	-	6.379
-	0	-	0)	/	831.43
=	-0.01

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

Hannover House's Days Inventory for the six months ended in Dec. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2020 )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
	=	0.189	/	0.001	*	365 / 2
	=	34,492.50

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

Hannover House's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2020 )	/	Average Total Inventories (Q: Dec. 2020 )
	=	0.001	/	0.189
	=	0.01

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.

Hannover House's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2020 )	/	Revenue (Q: Dec. 2020 )
	=	0.189	/	0.489
	=	0.39

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.

Hannover House Total Inventories Related Terms

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Hannover House (Hannover House) Business Description

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Address

1621 Central Avenue, Cheyenne, WY, USA, 82001

Website

https://www.hannoverhouse.com

Hannover House Inc is a service media company, specializing in the production and distribution of feature films for theaters, home videos, and video-on-demand formats for the North American retail marketplace. It is mainly focused on the literary and book-publishing industries. It is particularly noted for its successes in placing DVD titles within mass merchandisers and keychain stores. Retailers carrying Hannover products include independently owned and operated retail video stores, and mass merchants and retailers.

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