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FTLF (FitLife Brands) Total Inventories : $10.37 Mil (As of Sep. 2024)


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What is FitLife Brands Total Inventories?

FitLife Brands's total inventories for the quarter that ended in Sep. 2024 was $10.37 Mil. FitLife Brands's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $10.08 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. FitLife Brands's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-2.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FitLife Brands's Days Inventory for the three months ended in Sep. 2024 was 102.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. FitLife Brands's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.89.

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. FitLife Brands's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.63.


FitLife Brands Total Inventories Historical Data

The historical data trend for FitLife Brands'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.

FitLife Brands Total Inventories Chart

FitLife Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 3.53 6.52 9.11 9.09

FitLife Brands 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 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 7.72 9.09 8.87 9.78 10.37

FitLife Brands 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.


FitLife Brands  (NAS:FTLF) 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.

FitLife Brands'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)
=(4.664+0.75 * 2.008+0.5 * 10.371-24.429
-0-0)/4.59824
=-2.84

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

FitLife Brands'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
=10.075/8.976*365 / 4
=102.42

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

FitLife Brands'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 )
=8.976 / 10.075
=0.89

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.

FitLife Brands'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 )
=10.075 / 15.977
=0.63

* 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.


FitLife Brands Total Inventories Related Terms

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FitLife Brands Business Description

Traded in Other Exchanges
Address
5214 South 136th Street, Omaha, NE, USA, 68137
FitLife Brands Inc is a provider of proprietary nutritional supplements for health-conscious consumers. The company markets and sells its products under NDS, PMD, Siren labs, Core active, Metis nutrition, Isatori and Biogenetic laboratories brand names. Its product portfolio consists of sports nutrition, energy, and sports drink products, meal replacement products and weight loss products. The firm derives its revenue from product sales. Its product categories include Natural & Organic Foods, Functional Foods, Natural & Organic Personal Care and Household Products and Supplements.
Executives
Ryan Patrick John Phillip officer: Chief Retail Officer 16301 FLINT ST, OVERLAND PARK KS 66221
Jakob York officer: CHIEF FINANCIAL OFFICER C/O FITLIFE BRANDS, INC., 5214 S. 136TH STREET, OMAHA NE 68137
Todd Ordal director 15000 W. 6TH AVENUE, SUITE 202, GOLDEN CO 80401
Lewis Jaffe director 201 MERRITT 7 CORPORATE PARK, NORWALK CT 06851
Judd Dayton director 878 S. DENTON TAP RD., SUITE 220, COPPELL TX 75019
Susan Kinnaman officer: Chief Financial Officer 5214 S. 136TH STREET, OMAHA NE 68137
Seth Yakatan director 231 NORMAN AVENUE, BROOKLYN NY 11222
Stephen D. Adele director, officer: CEO, iSatori, Inc. 15000 W. 6TH AVENUE, SUITE 202, GOLDEN CO 80401
Jeffrey N. Greenblatt 10 percent owner 14 EAST 60TH STREET, SUITE 600, NEW YORK NY 10022
Grant Robert Dawson director C/O GLOWPOINT, INC., 430 MOUNTAIN AVENUE, SUITE 301, MURRAY HILL NJ 07974
Fadi M. Aramouni director 3017 JEANIE LANE, MANHATTAN KS 66502
Jason T Adelman 10 percent owner 900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Michael S Abrams officer: Chief Financial Officer 64 RAMSHEAD ROAD, RAYNHAM MA 02767
John S Wilson director, officer: CHIEF EXECUTIVE OFFICER 11011 Q STREET, BUILDING A, SUITE 106, OMAHA NE 68137
Landers Elorian Connard director