Gold Flora (Gold Flora) Total Inventories : $18.37 Mil (As of Dec. 2023)

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What is Gold Flora Total Inventories?

Gold Flora's total inventories for the quarter that ended in Dec. 2023 was $18.37 Mil. Gold Flora's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $16.80 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gold Flora's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gold Flora's Days Inventory for the three months ended in Dec. 2023 was 100.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gold Flora's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.91.

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. Gold Flora's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.59.

Gold Flora Total Inventories Historical Data

The historical data trend for Gold Flora'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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Gold Flora Total Inventories Chart

Gold Flora Annual Data

Trend

Dec22

Dec23

Total Inventories

7.82

18.37

Gold Flora Quarterly Data
	Sep22	Dec22	Sep23	Dec23
Total Inventories	-	7.82	15.24	18.37

Gold Flora 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.

Gold Flora (OTCPK:GRAM) 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.

Gold Flora'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)
=	(22.538	+	0.75 * 1.773	+	0.5 * 18.372	-	233.614
-	0	-	0.134)	/	287.479
=	-0.70

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

Gold Flora'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
	=	16.804	/	15.221	*	365 / 4
	=	100.74

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

Gold Flora'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 )
	=	15.221	/	16.804
	=	0.91

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.

Gold Flora'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 )
	=	16.804	/	28.395
	=	0.59

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.

Gold Flora Total Inventories Related Terms

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Gold Flora (Gold Flora) Business Description

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GRAM:Canada

Address

3165 Red Hill Avenue, Costa Mesa, CA, USA, 92626

Website

https://www.goldflora.com

Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.

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