Hemagen Diagnostics (Hemagen Diagnostics) Total Inventories : $1.36 Mil (As of Sep. 2012)

Hemagen Diagnostics Total Inventories Chart

Hemagen Diagnostics Annual Data
	Trend	Sep03	Sep04	Sep05	Sep06	Sep07	Sep08	Sep09	Sep10	Sep11	Sep12
Total Inventories		Get a 7-Day Free Trial					2.04	1.70	1.39	1.46	1.36

Hemagen Diagnostics Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Total Inventories	Get a 7-Day Free Trial															1.46	1.57	1.37	1.37	1.36

Hemagen Diagnostics 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.

Hemagen Diagnostics  (OTCPK:HMGN) 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.

Hemagen Diagnostics's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2012 is

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

Hemagen Diagnostics's Days Inventory for the three months ended in Sep. 2012 is calculated as:

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

Hemagen Diagnostics's Inventory Turnover for the quarter that ended in Sep. 2012 is calculated as

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.

Hemagen Diagnostics's Inventory to Revenue for the quarter that ended in Sep. 2012 is calculated as

* 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.

Hemagen Diagnostics Total Inventories Related Terms

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Hemagen Diagnostics (Hemagen Diagnostics) Business Description