Sow Good (Sow Good) Total Inventories : $5.14 Mil (As of Mar. 2024)

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What is Sow Good Total Inventories?

Sow Good's total inventories for the quarter that ended in Mar. 2024 was $5.14 Mil. Sow Good's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $4.63 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sow Good's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sow Good's Days Inventory for the three months ended in Mar. 2024 was 62.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sow Good's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.46.

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. Sow Good's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.41.

Sow Good Total Inventories Historical Data

The historical data trend for Sow Good'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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Sow Good Total Inventories Chart

Sow Good Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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0.14

1.45

1.88

4.12

Sow Good Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															2.18	0.92	2.24	4.12	5.14

Sow Good 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.

Sow Good (NAS:SOWG) 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.

Sow Good's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(6.815	+	0.75 * 2.935	+	0.5 * 5.138	-	15.003
-	0	-	0)	/	6.57556
=	-0.52

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

Sow Good's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	4.6305	/	6.777	*	365 / 4
	=	62.35

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

Sow Good's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	6.777	/	4.6305
	=	1.46

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.

Sow Good's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	4.6305	/	11.406
	=	0.41

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.

Sow Good Total Inventories Related Terms

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Sow Good (Sow Good) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sow Good Inc (NAS:SOWG) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

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Address

1440 N Union Bower Road, Irving, TX, USA, 75061

Website

https://www.thisissowgood.com

Sow Good Inc is engaged in manufacturing and marketing freeze-dried snacks, smoothies, and soups.

Executives

Joe Mueller	director	6927 ALTAMONTE DRIVE, ROGERS AR 72758
Ira Goldfarb	director, 10 percent owner, officer: Executive Chairman (1)	1918 N. OLIVE ST, DALLAS TX 75201
Brad Berman	director, 10 percent owner	C/O LAKES ENTERTAINMENT, INC., 130 CHESHIRE LANE, MINNETONKA MN 55305
Claudia Goldfarb	director, 10 percent owner, officer: Chief Executive Officer (2)	1918 N. OLIVE STREET, APT. 3302, DALLAS TX 75201
Lyle Berman	director, 10 percent owner	10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305
Timothy James Creed	director	3418 GOLF CLUB LN., NASHVILLE TN 37215
Brad Burke	officer: Interim CFO	4049 PURDUE AVE, DALLAS TX 77225
Chris Ludeman	director	6154 PARK LANE, DALLAS TX 75225
Greg Creed	director	1441 GARDINER LANE, LOUISVILLE KY 40213
S-fdf, Llc	10 percent owner	1440 N. UNION BOWER RD., IRVIN TX 75061
Benjamin S Oehler	director	10275 WAYZATA BLVD. SUITE 100, MINNETONKA MN 55305
Joseph J Lahti	director	2975 SOMERSET LANE, LONG LAKE MN 55356
Kenneth Decubellis	officer: Chief Executive Officer	10275 WAYZATA BOULEVARD, SUITE 310, MINNETONKA MN 55305
Neil I Sell	10 percent owner	3300 WELLS FARGO CENTER, 90 SOUTH 7TH STREET, MINNEAPOLIS MN 55402
Michael Eisele	officer: Chief Operating Officer	10275 WAYZATA BOULEVARD, MINNETONKA MN 55305