Nutritional Growth Solutions (ASX:NGS) Total Inventories : A$1.02 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Nutritional Growth Solutions Total Inventories?

Nutritional Growth Solutions's total inventories for the quarter that ended in Dec. 2023 was A$1.02 Mil. Nutritional Growth Solutions's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was A$1.49 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nutritional Growth Solutions'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. Nutritional Growth Solutions's Days Inventory for the six months ended in Dec. 2023 was 146.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nutritional Growth Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.25.

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. Nutritional Growth Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.68.

Nutritional Growth Solutions Total Inventories Historical Data

The historical data trend for Nutritional Growth Solutions'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.

Nutritional Growth Solutions Total Inventories Chart

Nutritional Growth Solutions Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

0.19

0.44

1.89

1.02

Nutritional Growth Solutions Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial			0.44	1.35	1.89	1.96	1.02

Nutritional Growth Solutions 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.

Nutritional Growth Solutions (ASX:NGS) 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.

Nutritional Growth Solutions'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)
=	(0.257	+	0.75 * 0.022	+	0.5 * 1.017	-	1.663
-	0	-	0)	/	248.507
=	-0.00

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

Nutritional Growth Solutions'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
	=	1.4875	/	1.854	*	365 / 2
	=	146.42

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

Nutritional Growth Solutions'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 )
	=	1.854	/	1.4875
	=	1.25

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.

Nutritional Growth Solutions'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 )
	=	1.4875	/	2.186
	=	0.68

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.

Nutritional Growth Solutions Total Inventories Related Terms

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

Nutritional Growth Solutions (ASX:NGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nutritional Growth Solutions Ltd (ASX:NGS) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Hanechoshet Street, Yafo, Tel Aviv, ISR, 6971068

Website

https://www.ngsolutions.co

Nutritional Growth Solutions Ltd is engaged in the business of developing produces and selling clinically tested protein supplements for children. It offers protein shakes and other products to improve the height and weight of children. It generates its revenues through the sale of its products directly to customers. its brands include Horlicks, Healthy Heights, Pro Up, and Healthy Height China. Geographically it operates in the United States and the Rest of the World and the majority of its revenue comes from the united states.