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BFYW (Better For You Wellness) Total Inventories : $0.06 Mil (As of Aug. 2024)


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What is Better For You Wellness Total Inventories?

Better For You Wellness's total inventories for the quarter that ended in Aug. 2024 was $0.06 Mil. Better For You Wellness's average total inventories from the quarter that ended in May. 2024 to the quarter that ended in Aug. 2024 was $0.06 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Better For You Wellness's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was $-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Better For You Wellness's Days Inventory for the three months ended in Aug. 2024 was 1,266.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Better For You Wellness's Inventory Turnover for the quarter that ended in Aug. 2024 was 0.07.

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. Better For You Wellness's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 9.25.


Better For You Wellness Total Inventories Historical Data

The historical data trend for Better For You 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.

* Premium members only.

Better For You Wellness Total Inventories Chart

Better For You Wellness Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Feb22 Feb23 Feb24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.06

Better For You Wellness Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 - - 0.06 0.06 0.06

Better For You 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.


Better For You Wellness  (OTCPK:BFYW) 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.

Better For You Wellness's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2024 is

Net-Net Working Capital Per Share (Q: Aug. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.003+0.75 * 0.008+0.5 * 0.056-2.764
-0-0)/507.805
=-0.01

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

Better For You Wellness's Days Inventory for the three months ended in Aug. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2024 )/Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=0.0555/0.004*365 / 4
=1,266.09

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

Better For You Wellness's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2024 ) / Average Total Inventories (Q: Aug. 2024 )
=0.004 / 0.0555
=0.07

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.

Better For You Wellness's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=0.0555 / 0.006
=9.25

* 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.


Better For You Wellness Total Inventories Related Terms

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Better For You Wellness Business Description

Traded in Other Exchanges
N/A
Address
1349 East Broad Street, Suite 123, Columbus, OH, USA, 43205
Better For You Wellness Inc is engaged in building brands and companies organically as well as exploring and evaluating various opportunities in the plant-based and science-focused food and beverage and consumer packaged goods sectors, including but not limited to, mergers, acquisitions, or business combination transactions.

Better For You Wellness Headlines

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