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Lifevantage (Lifevantage) Total Inventories

: $15.0 Mil (As of Dec. 2023)
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Lifevantage's total inventories for the quarter that ended in Dec. 2023 was $15.0 Mil. Lifevantage's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $15.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lifevantage's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lifevantage's Days Inventory for the three months ended in Dec. 2023 was 126.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lifevantage's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.72.

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. Lifevantage's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.


Lifevantage Total Inventories Historical Data

The historical data trend for Lifevantage'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.

Lifevantage Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.75 13.89 16.15 16.47 16.07

Lifevantage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 Premium Member Only Premium Member Only Premium Member Only 20.44 18.45 16.07 15.71 14.97

Lifevantage 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.


Lifevantage  (NAS:LFVN) 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.

Lifevantage'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)
=(17.331+0.75 * 2.335+0.5 * 14.972-35.375
-0-0)/12.88
=-0.68

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

Lifevantage'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
=15.339/11.066*365 / 4
=126.49

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

Lifevantage'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 )
=11.066 / 15.339
=0.72

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.

Lifevantage'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 )
=15.339 / 51.624
=0.30

* 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.


Lifevantage Total Inventories Related Terms

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Lifevantage (Lifevantage) Business Description

Traded in Other Exchanges
Address
3300 N. Triumph Boulevard, Suite 700, Lehi, UT, USA, 84043
Lifevantage Corp is engaged in the identification, research, development, and distribution of nutraceutical dietary supplements and skincare products. It offers products such as Protandim, a scientifically-validated dietary supplement; LifeVantage TrueScience, an anti-aging skincare product; Axio energy drink mixes; and PhysIQ, a weight management system, as well as Canine Health, a companion pet supplement formulated to combat oxidative stress in dogs. Geographically, its products are sold in the regions of the United States, Japan, Hong Kong, Australia, Canada, Philippines, Mexico, Thailand, the United Kingdom, and the Netherlands.
Executives
Darwin Lewis director 9785 S. MONROE STREET, SUITE 300, SANDY UT 84070
Michael A Beindorff director EXCLUSIVE RESORTS, LLC, 1530 16TH STREET, SUITE 500, DENVER CO 80202
Garry Paul Mauro director 6400 S. FIDDLER'S GREEN CIRCLE, SUITE 1970, GREENWOOD VILLAGE X1 80111
Sudbury Capital Fund, Lp other: See Footnote 1 136 OAK TRAIL, COPPELL TX 75019
Bradley Louis Radoff other: See Footnote 1 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Sudbury Capital Management, Llc other: See Footnote 1 136 OAK TRAIL, COPPELL TX 75019
Sudbury Holdings, Llc other: See Footnote 1 136 OAK TRAIL, COPPELL TX 75019
Sudbury Capital Gp, Lp other: See Footnote 1 136 OAK TRAIL, COPPELL TX 75019
Judd Dayton other: See Footnote 1 878 S. DENTON TAP RD., SUITE 220, COPPELL TX 75019
Family Foundation Radoff other: See Footnote 1 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Julie Boyster officer: Chief Marketing Officer 3300 N. TRIUMPH BLVD, SUITE 700, LEHI UT 84043
Kristen Cunningham officer: Chief Sales Officer 3300 N. TRIUMPH BLVD, SUITE 700, LEHI UT 84043
Cynthia Latham director 3300 N. TRIUMPH BLVD., SUITE 700, LEHI UT 84043
Carl Aure officer: Chief Financial Officer 3300 N. TRIUMPH BLVD., SUITE 700, LEHI UT 84043
Alissa Neufeld officer: General Counsel 3300 TRIUMPH BLVD, SUITE 700, LEHI UT 84043