EAST (Eastside Distilling) Total Inventories : $1.79 Mil (As of Sep. 2024)

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What is Eastside Distilling Total Inventories?

Eastside Distilling's total inventories for the quarter that ended in Sep. 2024 was $1.79 Mil. Eastside Distilling's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $2.42 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Eastside Distilling's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-5.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eastside Distilling's Days Inventory for the three months ended in Sep. 2024 was 394.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eastside Distilling's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.23.

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. Eastside Distilling's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 3.18.

Eastside Distilling Total Inventories Historical Data

The historical data trend for Eastside Distilling'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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Eastside Distilling Total Inventories Chart

Eastside Distilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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7.14

6.73

6.51

4.44

3.21

Eastside Distilling Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial															3.56	3.21	3.19	3.04	1.79

Eastside Distilling 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.

Eastside Distilling (NAS:EAST) 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.

Eastside Distilling's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.31	+	0.75 * 0.105	+	0.5 * 1.793	-	18.684
-	0	-	0)	/	3.14062
=	-5.54

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

Eastside Distilling's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	2.418	/	0.56	*	365 / 4
	=	394.00

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

Eastside Distilling's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	0.56	/	2.418
	=	0.23

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.

Eastside Distilling's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	2.418	/	0.76
	=	3.18

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.

Eastside Distilling Total Inventories Related Terms

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Eastside Distilling Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Eastside Distilling Inc (NAS:EAST) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

2321 NE Argyle Street, Unit D, Portland, OR, USA, 97211

Website

https://www.eastsidedistilling.com

Eastside Distilling Inc is a producer and marketer of Craft Canning and Printing and Spirits. Its alcoholic beverage categories include whiskey, vodka, gin, rum, tequila, and Ready-to-Drink. Some of its brands include Azunia Tequila, Hue-Hue Coffee Rum, Portland Potato Vodka, and Burnside Whiskey. It operates in two segments of packaging, producing, marketing, and distributing alcoholic beverages. Craft Canning + Printing includes Digital Can Printing, Co-packing Facility, and Mobile Canning. The company distributes its products in 33 states of the United States.

Executives

Bigger Capital Fund L P	10 percent owner	159 JENNINGS RD, COLD SPRING HARBOR NY 11724
Elizabeth Ann Levy-navarro	director	C/O EASTSIDE DISTILLING, INC., 8911 NE MARX DRIVE, SUITE A2, PORTLAND OR 97220
Eric J. Finnsson	director	C/O EASTSIDE DISTILLING, INC., 1001 SE WATER AVENUE, #390 OR 97214
Bigger Capital Fund Gp, Llc	10 percent owner	11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
Bigger Capital, Llc	10 percent owner	11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
District 2 Gp Llc	10 percent owner	14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743
District 2 Holdings Llc	10 percent owner	14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743
District 2 Capital Fund Lp	10 percent owner	14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743
B.a.d. Company, Llc	10 percent owner	11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
District 2 Capital Lp	10 percent owner	175 W CARVER STREET, HUNTINGTON NY 11743
Michael Bigger	10 percent owner	11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
Geoffrey C Gwin	officer: Chief Financial Officer	238 BLACK ROCK TPK, REDDING CT 06896
Joseph D Giansante	director	2321 NE ARGYLE STREET, UNIT D, PORTLAND OR 97211
Patrick J. Kilkenny	10 percent owner	P.O. BOX 1641, RANCHO SANTA FE CA 92067
Amy Lee Brassard	officer: Corporate Secretary	8911 NE MARX DRIVE, SUITE A2, PORTLAND OR 97220