Healthcare Leadersome ETF (TSX:HHL) Total Inventories : C$0.00 Mil (As of Jun. 2016)

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What is Healthcare Leadersome ETF Total Inventories?

Healthcare Leadersome ETF's total inventories for the quarter that ended in Jun. 2016 was C$0.00 Mil. Healthcare Leadersome ETF's average total inventories from the quarter that ended in Dec. 2015 to the quarter that ended in Jun. 2016 was C$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Healthcare Leadersome ETF's Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was C$7.33.

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.

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. Healthcare Leadersome ETF's Inventory-to-Revenue for the quarter that ended in Jun. 2016 was 0.00.

Healthcare Leadersome ETF Total Inventories Historical Data

The historical data trend for Healthcare Leadersome ETF'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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Healthcare Leadersome ETF Total Inventories Chart

Healthcare Leadersome ETF Annual Data

Trend

Dec14

Dec15

Total Inventories

Healthcare Leadersome ETF Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16
Total Inventories	-	-	-	-

Healthcare Leadersome ETF 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.

Healthcare Leadersome ETF (TSX:HHL) 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.

Healthcare Leadersome ETF's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2016 is

	Net-Net Working Capital Per Share (Q: Jun. 2016 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(114.787	+	0.75 * 0	+	0.5 * 0	-	19.208
-	0	-	0)	/	13.0474
=	7.33

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

Healthcare Leadersome ETF's Days Inventory for the six months ended in Jun. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2016 )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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

Healthcare Leadersome ETF's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2016 )	/	Average Total Inventories (Q: Jun. 2016 )
	=	0	/	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.

Healthcare Leadersome ETF's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2016 )	/	Revenue (Q: Jun. 2016 )
	=	0	/	4.206
	=	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.

Healthcare Leadersome ETF Total Inventories Related Terms

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Healthcare Leadersome ETF (TSX:HHL) Business Description

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Website

http://www.harvestportfolios.com

Healthcare Leaders Income ETF is a closed-end fund. Its investment objectives are to provide unit holders with the opportunity for capital appreciation; monthly cash distributions; and lower overall volatility of portfolio returns.

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