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MedMen Enterprises (MedMen Enterprises) Total Inventories : $14.7 Mil (As of Mar. 2023)


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What is MedMen Enterprises Total Inventories?

MedMen Enterprises's total inventories for the quarter that ended in Mar. 2023 was $14.7 Mil. MedMen Enterprises's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Mar. 2023 was $14.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MedMen Enterprises's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MedMen Enterprises's Days Inventory for the three months ended in Mar. 2023 was 91.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. MedMen Enterprises's Inventory Turnover for the quarter that ended in Mar. 2023 was 0.99.

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. MedMen Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.52.


MedMen Enterprises Total Inventories Historical Data

The historical data trend for MedMen Enterprises'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.

MedMen Enterprises Total Inventories Chart

MedMen Enterprises Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.25 25.48 20.68 16.01 10.01

MedMen Enterprises Quarterly Data
Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.93 10.01 9.12 13.68 14.67

MedMen Enterprises 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.


MedMen Enterprises  (OTCPK:MMNFQ) 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.

MedMen Enterprises's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is

Net-Net Working Capital Per Share (Q: Mar. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.626+0.75 * 3.862+0.5 * 14.669-572.976
-0--479.745)/1383.2
=-0.05

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

MedMen Enterprises's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=14.172/14.077*365 / 4
=91.87

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

MedMen Enterprises's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=14.077 / 14.172
=0.99

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.

MedMen Enterprises's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=14.172 / 27.225
=0.52

* 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.


MedMen Enterprises Total Inventories Related Terms

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MedMen Enterprises (MedMen Enterprises) Business Description

Traded in Other Exchanges
Address
10115 Jefferson Boulevard, Culver City, CA, USA, 90232
MedMen Enterprises Inc formerly known as Ladera Ventures Corp is the preeminent cannabis company with multiple assets and operations in California, Nevada, and New York, which combined account for nearly half of North America's addressable legal market. The company owns and operates licensed cannabis facilities in cultivation, manufacturing, and retail.