HPMM (Hemp Naturals) Total Inventories: $0.01 Mil (As of Nov. 2018)


What is Hemp Naturals Total Inventories?

Hemp Naturals HPMM -95.00% Total Inventories is $0.01 Mil as of Nov. 2018.

Hemp Naturals's total inventories for the quarter that ended in Nov. 2018 was $0.01 Mil. Hemp Naturals's average total inventories from the quarter that ended in Aug. 2018 to the quarter that ended in Nov. 2018 was $0.01 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hemp Naturals's Net-Net Working Capital per share for the quarter that ended in Nov. 2018 was $-1.68.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Hemp Naturals's Inventory Turnover for the quarter that ended in Nov. 2018 was 0.00.

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.

Hemp Naturals  (OTCPK:HPMM) 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.

Hemp Naturals's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2018 is

Net-Net Working Capital Per Share (Q: Nov. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.098+0.75 * 0+0.5 * 0.011-1.015
-0-0)/0.541
=-1.68

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

Hemp Naturals's Days Inventory for the three months ended in Nov. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2018 )/Cost of Goods Sold (Q: Nov. 2018 )*Days in Period
=0.0055/0*365 / 4
=

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

Hemp Naturals's Inventory Turnover for the quarter that ended in Nov. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2018 ) / Average Total Inventories (Q: Nov. 2018 )
=0 / 0.0055
=0.00

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.

Hemp Naturals's Inventory to Revenue for the quarter that ended in Nov. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2018 ) / Revenue (Q: Nov. 2018 )
=0.0055 / 0
=

* 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.

Hemp Naturals Total Inventories Related Terms

Hemp Naturals Total Inventories Historical Data

* Premium members only.

The historical data trend for Hemp Naturals'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.

Hemp Naturals Total Inventories Chart

Hemp Naturals Annual Data
Trend Nov15 Nov16 Nov17 Nov18
Total Inventories
0.00 0.00 0.00 0.01

Hemp Naturals Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.01

Hemp Naturals 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 $0.01 Mil mean?
Hemp Naturals (HPMM) has a Total Inventories of $0.01 Mil as of Nov. 2018. The total amount of inventory as recorded on a company's balance sheet. View historical data for Hemp Naturals and its competitors.
Is Hemp Naturals' Total Inventories too high?
Hemp Naturals' current Total Inventories is $0.01 Mil.
How does Hemp Naturals' Total Inventories compare to RDGL and NBGV?
Hemp Naturals' Total Inventories of $0.01 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Total Inventories depends on the Drug Manufacturers 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 Hemp Naturals and its competitors. Hemp Naturals's current Total Inventories is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemp Naturals stock overvalued right now?
Hemp Naturals (HPMM) has a current Total Inventories of $0.01 Mil. The current Total Inventories is $0.01 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 Hemp Naturals (HPMM), the current Total Inventories is $0.01 Mil as of Nov. 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.

Hemp Naturals Business Description

Address 7441 Route 9, Plattsburgh, NY, USA, 12901
Hemp Naturals Inc is a developmental stage company that plans to research, develop, acquire, and sell products made of industrial hemp. Its product offerings include a wide range of nutritional hemp health supplements, hemp drinks and foods, and beauty supply products.