Elixinol Wellness (ASX:EXL) Total Inventories : A$3.66 Mil (As of Dec. 2023)

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What is Elixinol Wellness Total Inventories?

Elixinol Wellness's total inventories for the quarter that ended in Dec. 2023 was A$3.66 Mil. Elixinol Wellness's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was A$2.70 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Elixinol Wellness's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elixinol Wellness's Days Inventory for the six months ended in Dec. 2023 was 167.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elixinol Wellness's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.09.

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. Elixinol Wellness's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.56.

Elixinol Wellness Total Inventories Historical Data

The historical data trend for Elixinol Wellness'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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Elixinol Wellness Total Inventories Chart

Elixinol Wellness Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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21.31

4.74

2.20

1.74

3.66

Elixinol Wellness Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial							2.20	2.22	1.74	1.74	3.66

Elixinol Wellness 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.

Elixinol Wellness (ASX:EXL) 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.

Elixinol Wellness'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)
=	(0.708	+	0.75 * 1.644	+	0.5 * 3.664	-	5.249
-	0	-	0)	/	813.521
=	-0.00

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

Elixinol Wellness'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
	=	2.7035	/	2.946	*	365 / 2
	=	167.48

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

Elixinol Wellness'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 )
	=	2.946	/	2.7035
	=	1.09

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.

Elixinol Wellness'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 )
	=	2.7035	/	4.814
	=	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.

Elixinol Wellness Total Inventories Related Terms

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Elixinol Wellness (ASX:EXL) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Elixinol Wellness Ltd (ASX:EXL) » Definitions » Total Inventories

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ELLXF:USA

Address

680 George Street, Level 12, Sydney, NSW, AUS, 2000

Website

https://www.elixinolwellness.com

Elixinol Wellness Ltd is engaged in the hemp industry, innovating, marketing, and selling hemp-derived nutraceutical, cosmetic, and food products. It operates in the geographical segments of the Americas, Australia, Europe and other regions of which key revenue is derived from the Americas segment. The Americas segment includes the trading results of Elixinol LLC (Elixinol Americas) and its investments and joint ventures in the US through the manufacture and distribution of hemp-derived cannabidiol products.

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