Maple Leaf Foods (Maple Leaf Foods) Total Inventories : $490 Mil (As of Dec. 2023)

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What is Maple Leaf Foods Total Inventories?

Maple Leaf Foods's total inventories for the quarter that ended in Dec. 2023 was $490 Mil. Maple Leaf Foods's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $488 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Maple Leaf Foods's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-14.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maple Leaf Foods's Days Inventory for the three months ended in Dec. 2023 was 57.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maple Leaf Foods's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.59.

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. Maple Leaf Foods's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.56.

Maple Leaf Foods Total Inventories Historical Data

The historical data trend for Maple Leaf Foods'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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Maple Leaf Foods Total Inventories Chart

Maple Leaf Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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383.14

408.87

428.04

463.86

489.94

Maple Leaf Foods Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															463.86	523.48	478.08	486.86	489.94

Maple Leaf Foods 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.

Maple Leaf Foods (OTCPK:MLFNF) 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.

Maple Leaf Foods'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)
=	(151.582	+	0.75 * 106.422	+	0.5 * 489.944	-	2301.984
-	0	-	0)	/	122.535
=	-14.90

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

Maple Leaf Foods'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
	=	488.404	/	777.34	*	365 / 4
	=	57.33

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

Maple Leaf Foods'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 )
	=	777.34	/	488.404
	=	1.59

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.

Maple Leaf Foods'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 )
	=	488.404	/	878.32
	=	0.56

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.

Maple Leaf Foods Total Inventories Related Terms

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Maple Leaf Foods (Maple Leaf Foods) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Maple Leaf Foods Inc (OTCPK:MLFNF) » Definitions » Total Inventories

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Traded in Other Exchanges

M1L:Germany MFI:Canada

Address

6985 Financial Drive, Mississauga, ON, CAN, L5N 0A1

Website

http://www.mapleleaffoods.com

Maple Leaf Foods Incs is a producer of food products under leading brands, including Maple Leaf, Maple Leaf PrimeMaple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife, and Field Roast. The Company's portfolio includes prepared meats, ready-to-cook and ready-toserve meals, and valued-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell's Gourmet Food, Larse, Parm, and Hygrade.