HFactor (HFactor) Inventory Turnover : 0.16 (As of Sep. 2023)

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What is HFactor Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. HFactor's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.07 Mil. HFactor's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.42 Mil. HFactor's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HFactor's Days Inventory for the three months ended in Sep. 2023 was 561.39.

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. HFactor's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 2.48.

HFactor Inventory Turnover Historical Data

The historical data trend for HFactor's Inventory Turnover 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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HFactor Inventory Turnover Chart

HFactor Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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0.90

1.94

HFactor Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.38	0.46	0.38	0.34	0.16

HFactor Inventory Turnover Calculation

HFactor's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	0.902	/ (	(0.469	+	0.461)	/	2 )
=	0.902	/	0.465
=	1.94

HFactor's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.069	/ (	(0.44	+	0.409)	/	2 )
=	0.069	/	0.4245
=	0.16

HFactor (OTCPK:HWTR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

HFactor's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.4245	/	0.069	*	365 / 4
	=	561.39

2. 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.

HFactor's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.4245	/	0.171
	=	2.48

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

HFactor Inventory Turnover Related Terms

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HFactor (HFactor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HFactor Inc (OTCPK:HWTR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

244 Madison Avenue, Suite 1249, New York, NY, USA, 10016

Website

https://www.standardcanna.net

HFactor Inc operates through its wholly-owned subsidiary, engages in the purchase, development, and operation of growing space and related facilities, and leasing the facilities to marijuana growers and dispensary owners.

Executives

Joseph J Meuse	director, 10 percent owner	211 FALMOUTH STREET, WARRENTON VA 20186
Belmont Partners, Llc	director, officer: Director	360 MAIN STREET, P.O. BOX 393, WASHINGTON VA 22747
John R Signorello	10 percent owner	205 VAN BUREN STREET, SUITE 420, HERNDON VA 20170
Bluepoint Financial, Llc	10 percent owner	4126 LEONARD DRIVE, FAIRFAX VA 22030
Robert J Druzak	director, 10 percent owner, officer: President and CEO	670 EDGEBROOK LN, WEST PALM BEACH FL 33411
Elizabeth Crews	other: Former Director CFO 10% Owner	6726 N. RIVER SHORE DRIVE, TAMPA FL 33604
Head William G Iii	director	P.O. BOX 6692, RALEIGH NC 27628

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