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LIFD (LFTD Partners) Total Inventories : $9.75 Mil (As of Sep. 2024)


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What is LFTD Partners Total Inventories?

LFTD Partners's total inventories for the quarter that ended in Sep. 2024 was $9.75 Mil. LFTD Partners's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $8.55 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. LFTD Partners's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LFTD Partners's Days Inventory for the three months ended in Sep. 2024 was 158.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. LFTD Partners's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.58.

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. LFTD Partners's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.98.


LFTD Partners Total Inventories Historical Data

The historical data trend for LFTD Partners'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.

LFTD Partners Total Inventories Chart

LFTD Partners 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 - 0.64 3.81 6.02 10.18

LFTD Partners 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 9.87 10.18 7.66 7.35 9.75

LFTD Partners 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.


LFTD Partners  (OTCPK:LIFD) 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.

LFTD Partners'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)
=(3.175+0.75 * 2.265+0.5 * 9.749-10.529
-0-0)/14.823
=-0.05

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

LFTD Partners'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
=8.5485/4.934*365 / 4
=158.10

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

LFTD Partners'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 )
=4.934 / 8.5485
=0.58

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.

LFTD Partners'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 )
=8.5485 / 8.692
=0.98

* 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.


LFTD Partners Total Inventories Related Terms

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LFTD Partners Business Description

Traded in Other Exchanges
N/A
Address
14155 Pine Island Drive, Jacksonville, FL, USA, 32224
LFTD Partners Inc along with its subsidiaries manufactures and sells hemp-derived and other psychoactive products under the Urb Finest Flowers brand. Its products include disposable vapes and cartridges, gummies, joints, blunts, and products containing ingredients such as kanna, muscimol, ashwagandha, and kava.
Executives
Gerard M. Jacobs director, 10 percent owner, officer: CEO 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Joshua A Bloom director 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Richard Emmet Morrissy director 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Warrender Robert Thomas Ii director PO BOX 4233, ANTIOCH IL 600002
Kevin J. Rocio director 31 N SUFFOLK LANE, LAKE FOREST IL 60045
Nicholas S. Warrender director 31 N SUFFOLK LANE, LAKE FOREST IL 60045
William C. Jacobs officer: CFO 301 MISSION DRIVE #383, NEW SMYRNA BEACH FL 32168
Thomas W. Hines director 748 FLINT TRAIL, CRYSTAL LAKE IL 60012
James Stephen Jacobs director 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Roger S Greene director 3330 CAMINITO DANIELLA, DEL MAR CA 92014
Michael D Mccaffrey director 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Vincent J Mesolella director 300 N MANNHEIM ROAD, HILLSIDE IL 60162