Venture Life Group (LSE:VLG) Total Inventories : £10.33 Mil (As of Dec. 2023)

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What is Venture Life Group Total Inventories?

Venture Life Group's total inventories for the quarter that ended in Dec. 2023 was £10.33 Mil. Venture Life Group's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was £11.50 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Venture Life Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £-0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Venture Life Group's Days Inventory for the six months ended in Dec. 2023 was 126.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Venture Life Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.44.

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. Venture Life Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.

Venture Life Group Total Inventories Historical Data

The historical data trend for Venture Life Group'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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Venture Life Group Total Inventories Chart

Venture Life Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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5.08

8.89

9.02

12.00

10.33

Venture Life Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															9.02	11.49	12.00	12.67	10.33

Venture Life Group 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.

Venture Life Group (LSE:VLG) 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.

Venture Life Group'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)
=	(5.622	+	0.75 * 14.578	+	0.5 * 10.332	-	43.241
-	0	-	0)	/	126.498
=	-0.17

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

Venture Life Group's Days Inventory for the six 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
	=	11.499	/	16.527	*	365 / 2
	=	126.98

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

Venture Life Group'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 )
	=	16.527	/	11.499
	=	1.44

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.

Venture Life Group'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 )
	=	11.499	/	27.956
	=	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.

Venture Life Group Total Inventories Related Terms

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Venture Life Group (LSE:VLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Venture Life Group PLC (LSE:VLG) » Definitions » Total Inventories

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Address

Eastern Road, 12 The Courtyard, Bracknell, Berkshire, GBR, RG12 2XB

Website

https://www.venture-life.com

Venture Life Group PLC is an international consumer self-care company. The company focuses on the development and commercialization of healthcare products, including oral care products, food supplements, medical devices, and dermo-cosmetics for the aging population. The company operates in two segments: Venture Life Brands, which includes sales of branded healthcare and cosmetics products, and Customer Brands, which includes sales of products and services under contract development and manufacturing agreements. Its geographical segments include the United Kingdom, Italy, Switzerland, Germany, Netherlands, the Rest of Europe, China, and the Rest of the World.

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