GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Lark Distilling Co Ltd (ASX:LRK) » Definitions » Total Inventories

Lark Distilling Co (ASX:LRK) Total Inventories : A$14.06 Mil (As of Dec. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Lark Distilling Co Total Inventories?

Lark Distilling Co's total inventories for the quarter that ended in Dec. 2024 was A$14.06 Mil. Lark Distilling Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was A$14.42 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lark Distilling Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$0.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lark Distilling Co's Days Inventory for the six months ended in Dec. 2024 was 746.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lark Distilling Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.24.

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. Lark Distilling Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.69.


Lark Distilling Co Total Inventories Historical Data

The historical data trend for Lark Distilling Co'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.

Lark Distilling Co Total Inventories Chart

Lark Distilling Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.95 7.76 20.43 15.99 14.77

Lark Distilling Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Inventories Get a 7-Day Free Trial 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 18.53 15.99 18.42 14.77 14.06

Lark Distilling Co 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.


Lark Distilling Co  (ASX:LRK) 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.

Lark Distilling Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(23.566+0.75 * 2.624+0.5 * 14.059-9.062
-0-0)/105.399
=0.22

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

Lark Distilling Co's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=14.416/3.523*365 / 2
=746.78

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

Lark Distilling Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=3.523 / 14.416
=0.24

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.

Lark Distilling Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=14.416 / 8.532
=1.69

* 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.


Lark Distilling Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Lark Distilling Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Lark Distilling Co Business Description

Traded in Other Exchanges
Address
91-93 Macquarie Street, Level 1, Hobart, TAS, AUS, 7000
Lark Distilling Co Ltd is engaged in the investment and marketing of Australian whisky in Australia. It sells its products under the brand name, Lark. Its operating segments are Whisky, Gin, and Others. The other segment includes the sale of hand sanitizers. It generates the majority of revenue from the Whisky segment.

Lark Distilling Co Headlines

No Headlines