Premium Brands Holdings (Premium Brands Holdings) Total Inventories : $557 Mil (As of Dec. 2023)

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What is Premium Brands Holdings Total Inventories?

Premium Brands Holdings's total inventories for the quarter that ended in Dec. 2023 was $557 Mil. Premium Brands Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $558 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Premium Brands Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-44.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Premium Brands Holdings's Days Inventory for the three months ended in Dec. 2023 was 54.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Premium Brands Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.68.

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. Premium Brands Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.48.

Premium Brands Holdings Total Inventories Historical Data

The historical data trend for Premium Brands Holdings'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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Premium Brands Holdings Total Inventories Chart

Premium Brands Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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300.86

350.38

504.06

578.65

556.57

Premium Brands Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															578.65	606.37	572.71	559.23	556.57

Premium Brands Holdings 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.

Premium Brands Holdings (OTCPK:PRBZF) 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.

Premium Brands Holdings'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)
=	(20.572	+	0.75 * 342.949	+	0.5 * 556.574	-	2528.026
-	0	-	0)	/	44.4117
=	-44.40

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

Premium Brands Holdings'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
	=	557.904	/	938.804	*	365 / 4
	=	54.23

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

Premium Brands Holdings'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 )
	=	938.804	/	557.904
	=	1.68

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.

Premium Brands Holdings'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 )
	=	557.904	/	1158.84
	=	0.48

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.

Premium Brands Holdings Total Inventories Related Terms

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Premium Brands Holdings (Premium Brands Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premium Brands Holdings Corp (OTCPK:PRBZF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

PBH:Canada

Address

100 - 10991 Shellbridge Way, Richmond, BC, CAN, V6X 3C6

Website

https://www.premiumbrandsholdings.com

Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses; the Corporate segment includes the company's head office activities along with its finance and information systems. Its geographical segments are the United States and Canada.