Everyday People Financial (TSXV:EPF) Total Inventories : C$5.47 Mil (As of Mar. 2024)

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What is Everyday People Financial Total Inventories?

Everyday People Financial's total inventories for the quarter that ended in Mar. 2024 was C$5.47 Mil. Everyday People Financial's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was C$5.41 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Everyday People Financial's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was C$-0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Everyday People Financial's Days Inventory for the three months ended in Mar. 2024 was 48.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Everyday People Financial's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.89.

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. Everyday People Financial's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.

Everyday People Financial Total Inventories Historical Data

The historical data trend for Everyday People Financial'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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Everyday People Financial Total Inventories Chart

Everyday People Financial Annual Data

Trend

Jul20

Jul21

Jul22

Dec23

Total Inventories

6.47

5.34

Everyday People Financial Quarterly Data
	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial								4.94	3.58	3.77	5.34	5.47

Everyday People Financial 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.

Everyday People Financial (TSXV:EPF) 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.

Everyday People Financial'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)
=	(0.69	+	0.75 * 9.803	+	0.5 * 5.471	-	53.082
-	0	-	0)	/	115.247
=	-0.37

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

Everyday People Financial'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
	=	5.4075	/	10.231	*	365 / 4
	=	48.23

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

Everyday People Financial'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 )
	=	10.231	/	5.4075
	=	1.89

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.

Everyday People Financial'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 )
	=	5.4075	/	14.805
	=	0.37

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.

Everyday People Financial Total Inventories Related Terms

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Everyday People Financial (TSXV:EPF) Business Description

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Traded in Other Exchanges

EPFCF:USA

Address

11150 Jasper Avenue, Suite 450, Edmonton, AB, CAN, T5K 0C7

Website

https://www.everydaypeoplefinancial.com

Everyday People Financial Corp is a financial technology and consumer financing company. Through its technology-driven ecosystem, the group's alternative and specialty credit financing programs offer credit and payment cards, homeownership facilitation, consumer lending, and payment management services. The company's mission is to assist its clients in becoming their financial selves and to offer credit products and services that help ordinary people achieve extraordinary results.

Executives

Amy Marie Ter Haar

Director

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