BMMJ (Body and Mind) Total Inventories: $0.63 Mil (As of Apr. 2024)

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BMMJ Body and Mind Inc BMMJ
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What is Body and Mind Total Inventories?

Body and Mind BMMJ 14 Total Inventories is $0.63 Mil as of Apr. 2024. GuruFocus rates BMMJ with a GF Score™ of 14/100.

Body and Mind's total inventories for the quarter that ended in Apr. 2024 was $0.63 Mil. Body and Mind's average total inventories from the quarter that ended in Jan. 2024 to the quarter that ended in Apr. 2024 was $0.64 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Body and Mind's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was $-0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Body and Mind's Days Inventory for the three months ended in Apr. 2024 was 23.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Body and Mind's Inventory Turnover for the quarter that ended in Apr. 2024 was 3.82.

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. Body and Mind's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.14.


Body and Mind  (OTCPK:BMMJ) 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.

Body and Mind's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2024 is

Net-Net Working Capital Per Share (Q: Apr. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.292+0.75 * 0.042+0.5 * 0.633-28.119
-0-1.159)/147.686
=-0.19

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

Body and Mind's Days Inventory for the three months ended in Apr. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2024 )/Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=0.6385/2.442*365 / 4
=23.86

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

Body and Mind's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2024 ) / Average Total Inventories (Q: Apr. 2024 )
=2.442 / 0.6385
=3.82

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.

Body and Mind's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=0.6385 / 4.406
=0.14

* 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.


Body and Mind Total Inventories Related Terms


Body and Mind Total Inventories Historical Data

* Premium members only.

The historical data trend for Body and Mind'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.

Body and Mind Total Inventories Chart

Body and Mind Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 1.77 2.94 3.57 2.31

Body and Mind Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 2.71 2.31 2.10 0.64 0.63
BMMJ
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Body and Mind Inc BMMJ
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Body and Mind 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.63 Mil mean?
Body and Mind (BMMJ) has a Total Inventories of $0.63 Mil as of Apr. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Body and Mind and its competitors.
Is Body and Mind's Total Inventories too high?
Body and Mind's current Total Inventories is $0.63 Mil. Overall, Body and Mind has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Body and Mind's Total Inventories compare to AKAN and OWPC?
Body and Mind's Total Inventories of $0.63 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Drug Manufacturers company?
A good Total Inventories depends on the Drug Manufacturers industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Body and Mind and its competitors. Body and Mind's current Total Inventories is $0.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Body and Mind stock overvalued right now?
Body and Mind (BMMJ) has a current Total Inventories of $0.63 Mil. The current Total Inventories is $0.63 Mil. Body and Mind's overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Body and Mind (BMMJ), the current Total Inventories is $0.63 Mil as of Apr. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Body and Mind Business Description

Address 750-1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Body and Mind Inc is a multi-state cannabis operator, which has retail, distribution, cultivation, and/or processing operations in Nevada, California, Arkansas, Ohio and Illinois. It has developed the marquis lifestyle Body and Mind brand in Nevada with penetration into dispensaries and has expanded its brand and products to dispensaries in California. The Body and Mind brand appeals to a wide range of cannabis consumers with products including flowers, oils, extracts (wax, live resin, ambrosia), and edibles. The Company Operates in Three segments; Wholesale, Retail, and All others. The Majority of revenue is derived from the Retail segment.
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