Lifeway Foods (Lifeway Foods) Total Inventories

: $9.1 Mil (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

Lifeway Foods's total inventories for the quarter that ended in Dec. 2023 was $9.1 Mil. Lifeway Foods's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $9.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lifeway Foods's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lifeway Foods's Days Inventory for the three months ended in Dec. 2023 was 27.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lifeway Foods's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.29.

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. Lifeway Foods's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Lifeway Foods Total Inventories Historical Data

The historical data trend for Lifeway Foods'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 6.39 [6] => 6.93 [7] => 8.29 [8] => 9.63 [9] => 9.10 )

Lifeway Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

6.39

6.93

8.29

9.63

9.10

Lifeway Foods Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																9.63	9.29	9.67	9.32	9.10

Lifeway Foods 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.

Lifeway Foods (NAS:LWAY) 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.

Lifeway Foods's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(13.198	+	0.75 * 13.875	+	0.5 * 9.104	-	21.218
-	0	-	0)	/	14.691
=	0.47

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

Lifeway Foods's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	9.2125	/	30.301	*	365 / 4
	=	27.74

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

Lifeway Foods's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	30.301	/	9.2125
	=	3.29

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.

Lifeway Foods's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	9.2125	/	42.093
	=	0.22

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.

Lifeway Foods Total Inventories Related Terms

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

Lifeway Foods (Lifeway Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lifeway Foods Inc (NAS:LWAY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

LWF:Germany

Address

6431 West Oakton Street, Morton Grove, IL, USA, 60053

Website

https://www.lifewaykefir.com

Lifeway Foods Inc is engaged in manufacturing probiotic, cultured, functional dairy health food products. Its primary product is drinkable kefir which is a cultured dairy product. Its product categories are Drinkable Kefir which is the key revenue-driving product, European-style soft cheeses, Cream, ProBugs, Frozen Kefir and Other dairy. The company manufacture and market products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers. It sells the products primarily through direct sales force, brokers, and distributors.

Executives

Edward Smolyansky	officer: CFO, Treasurer
Julie Smolyansky	director, officer: President and CEO
Ludmila Smolyansky	director, 10 percent owner
Juan Carlos Dalto	director	3059 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Perfecto Sanchez	director	153 DIEHL ROAD, CALLICOON NY 12723
Dorri Mcwhorter	director	6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
Jody Levy	director	6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
George Sent	director	C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Amy M. Feldman	officer: SENIOR EXECUTIVE VP OF SALES	C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Neha J Clark	officer: Chief Financial Officer	C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Eric A Hanson	officer: Chief Accounting Officer	C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Laurent Marcel	director	C/O DANONE NA, 1 MAPLE AVE, WHITE PLAINS NY 10605
Douglas Hass	officer: Gen Counsel & Asst Corp Sec.	1205 KIMBALL BLVD., JASPER IN 47546
Jennifer Reilly	officer: Sr Exec V. President of Sales	6431 W. OAKTON STREET, MORTON GROVE IL 60053
John P Waldron	officer: Chief Financial officer	LIFEWAY FOODS, INC., 6431 W. OAKTON STREET, MORTON GROVE IL 60053