HMG/Courtland Properties (HMG/Courtland Properties) Total Inventories : $0.00 Mil (As of Sep. 2021)

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What is HMG/Courtland Properties Total Inventories?

HMG/Courtland Properties's total inventories for the quarter that ended in Sep. 2021 was $0.00 Mil. HMG/Courtland Properties's average total inventories from the quarter that ended in Jun. 2021 to the quarter that ended in Sep. 2021 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. HMG/Courtland Properties's Net-Net Working Capital per share for the quarter that ended in Sep. 2021 was $6.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HMG/Courtland Properties's Days Inventory for the three months ended in Sep. 2021 was 0.00.

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

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. HMG/Courtland Properties's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.00.

HMG/Courtland Properties Total Inventories Historical Data

The historical data trend for HMG/Courtland Properties'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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HMG/Courtland Properties Total Inventories Chart

HMG/Courtland Properties Annual Data

Trend

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Total Inventories

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HMG/Courtland Properties Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

HMG/Courtland Properties 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.

HMG/Courtland Properties (AMEX:HMG) 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.

HMG/Courtland Properties's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 is

	Net-Net Working Capital Per Share (Q: Sep. 2021 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(7.544	+	0.75 * 0	+	0.5 * 0	-	0.76
-	0	-	0.25)	/	1.01685
=	6.43

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

HMG/Courtland Properties's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2021 )	/	Cost of Goods Sold (Q: Sep. 2021 )	*	Days in Period
	=	0	/	0.022	*	365 / 4
	=	0.00

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

HMG/Courtland Properties's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2021 )	/	Average Total Inventories (Q: Sep. 2021 )
	=	0.022	/	0
	=	N/A

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.

HMG/Courtland Properties's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2021 )	/	Revenue (Q: Sep. 2021 )
	=	0	/	0.02
	=	0.00

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.

HMG/Courtland Properties Total Inventories Related Terms

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HMG/Courtland Properties (HMG/Courtland Properties) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HMG/Courtland Properties Inc (AMEX:HMG) » Definitions » Total Inventories

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Address

1870 South Bayshore Drive, Coconut Grove, Miami, FL, USA, 33133

Website

https://www.hmgcourtland.com

HMG/Courtland Properties Inc is a real estate investment trust. Its business is the ownership and management of income-producing commercial properties. The company invests its idle cash in marketable securities and acquires real estate and other investments utilizing available cash or borrowing funds. The company's portfolio of REIT marketable securities consists of the preferred and non-preferred equity of large capital publicly traded REITs. The company's other investments consist primarily of nominal equity interests in various privately-held entities. The company generates revenue from the property rental operations of its corporate offices.

Executives

Alexander J Arader	director	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Richard N Wiener	director	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Maurice A Weiner	director, officer: Chairman & CEO	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Carlos Camarotti	officer: Vice Pres. and Asst. Secty	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
C M Dusseau	director	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Alan N Finkelstein	director	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Walter G. Arader	director	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Harvey Comita	director	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Lawrence I Rothstein	director, officer: President,Treasurer and Sec.	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133

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