Hydromer (Hydromer) Total Inventories : $0.10 Mil (As of Dec. 2022)

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What is Hydromer Total Inventories?

Hydromer's total inventories for the quarter that ended in Dec. 2022 was $0.10 Mil. Hydromer's average total inventories from the quarter that ended in Sep. 2022 to the quarter that ended in Dec. 2022 was $0.15 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hydromer's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was $-0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hydromer's Days Inventory for the three months ended in Dec. 2022 was 19.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hydromer's Inventory Turnover for the quarter that ended in Dec. 2022 was 4.60.

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. Hydromer's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.18.

Hydromer Total Inventories Historical Data

The historical data trend for Hydromer'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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Hydromer Total Inventories Chart

Hydromer Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Total Inventories

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0.28

0.35

0.26

0.11

0.21

Hydromer Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Total Inventories	Get a 7-Day Free Trial															0.07	0.12	0.21	0.20	0.10

Hydromer 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.

Hydromer (OTCPK:HYDI) 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.

Hydromer's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 is

	Net-Net Working Capital Per Share (Q: Dec. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.058	+	0.75 * 0.509	+	0.5 * 0.096	-	2.961
-	0	-	0)	/	4.772
=	-0.52

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

Hydromer's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	0.149	/	0.686	*	365 / 4
	=	19.82

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

Hydromer's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2022 )	/	Average Total Inventories (Q: Dec. 2022 )
	=	0.686	/	0.149
	=	4.60

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.

Hydromer's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	0.149	/	0.848
	=	0.18

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.

Hydromer Total Inventories Related Terms

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Hydromer (Hydromer) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hydromer Inc (OTCPK:HYDI) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

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Address

4715 Corporate Drive NW, Suite 200, Concord, NC, USA, 28027

Website

https://www.hydromer.com

Hydromer Inc is a polymer research and development company. The company is engaged in the business of inventing, developing, patenting, licensing, manufacturing and selling hydrophilic polymer-based products and services. Its segment includes Industrial and Medical. The company generates maximum revenue from services. Geographically, it derives a majority of revenue from the United States.

Executives

Martin C Dyck	officer: Executive Vice President
George A Ziets	director	C/O HYDROMER, INC., 35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
John S Konar	officer: V.P. Quality Assurnce	35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
Michael F Ryan	director	35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
Maxwell Borow	director
Fredrick L Perl	director
Meckeler Klaus J H	director
Robert H Bea	director
Dieter Heinemann	director, 10 percent owner
Vrsula M Dyck	director
Manfred F Dyck	director, 10 percent owner, officer: President and CEO
Gaylord E Mckissick	director