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Highmark Interactive (TSXV:HMRK.H) Total Inventories : C$0.00 Mil (As of Sep. 2022)


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What is Highmark Interactive Total Inventories?

Highmark Interactive's total inventories for the quarter that ended in Sep. 2022 was C$0.00 Mil. Highmark Interactive's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Sep. 2022 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. Highmark Interactive's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was C$-0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Highmark Interactive's Days Inventory for the three months ended in Sep. 2022 was 0.00.

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. Highmark Interactive's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.00.


Highmark Interactive Total Inventories Historical Data

The historical data trend for Highmark Interactive'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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Highmark Interactive Total Inventories Chart

Highmark Interactive Annual Data
Trend Dec20 Dec21
Total Inventories
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Highmark Interactive Quarterly Data
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Highmark Interactive 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.


Highmark Interactive  (TSXV:HMRK.H) 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.

Highmark Interactive's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 is

Net-Net Working Capital Per Share (Q: Sep. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.16+0.75 * 0.721+0.5 * 0-6.456
-0-0)/40.0328
=-0.14

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

Highmark Interactive's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2022 )/Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=0/0.606*365 / 4
=0.00

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

Highmark Interactive's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2022 ) / Average Total Inventories (Q: Sep. 2022 )
=0.606 / 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.

Highmark Interactive's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=0 / 0.869
=0.00

* 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.


Highmark Interactive Total Inventories Related Terms

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Highmark Interactive (TSXV:HMRK.H) Business Description

Traded in Other Exchanges
N/A
Address
115 George Street, Suite 602, Oakville, NU, CAN, L6J 0A2
Highmark Interactive Inc provides a complete solution for brain health through its proprietary digital brain health assessment tools and its growing network of virtual, in-clinic, and hybrid clinics. The company has three reportable segments; Technology, Medical services and Corporate segment.

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