HiWave Technologies (LSE:HIW) Total Inventories : £0.22 Mil (As of Sep. 2012)

View and export this data going back to . Start your Free Trial

What is HiWave Technologies Total Inventories?

HiWave Technologies's total inventories for the quarter that ended in Sep. 2012 was £0.22 Mil. HiWave Technologies's average total inventories from the quarter that ended in Mar. 2012 to the quarter that ended in Sep. 2012 was £0.26 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. HiWave Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2012 was £-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HiWave Technologies's Days Inventory for the six months ended in Sep. 2012 was 189.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. HiWave Technologies's Inventory Turnover for the quarter that ended in Sep. 2012 was 0.96.

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. HiWave Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2012 was 0.41.

HiWave Technologies Total Inventories Historical Data

The historical data trend for HiWave Technologies'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.

* Premium members only.

HiWave Technologies Total Inventories Chart

HiWave Technologies Annual Data

Trend

Jun03

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Sep11

Sep12

Total Inventories

Get a 7-Day Free Trial

0.27

0.22

HiWave Technologies Semi-Annual Data
	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Mar12	Sep12
Total Inventories	Get a 7-Day Free Trial															-	0.10	0.26	0.29	0.22

HiWave Technologies 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.

HiWave Technologies (LSE:HIW) 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.

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

	Net-Net Working Capital Per Share (Q: Sep. 2012 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.345	+	0.75 * 0	+	0.5 * 0.224	-	0.627
-	0	-	0)	/	426.818
=	-0.00

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

HiWave Technologies's Days Inventory for the six months ended in Sep. 2012 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2012 )	/	Cost of Goods Sold (Q: Sep. 2012 )	*	Days in Period
	=	0.258	/	0.248	*	365 / 2
	=	189.86

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2012 )	/	Average Total Inventories (Q: Sep. 2012 )
	=	0.248	/	0.258
	=	0.96

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2012 )	/	Revenue (Q: Sep. 2012 )
	=	0.258	/	0.631
	=	0.41

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.

HiWave Technologies Total Inventories Related Terms

Thank you for viewing the detailed overview of HiWave Technologies's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.