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Laird Superfood (Laird Superfood) Total Inventories : $5.63 Mil (As of Mar. 2024)


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What is Laird Superfood Total Inventories?

Laird Superfood's total inventories for the quarter that ended in Mar. 2024 was $5.63 Mil. Laird Superfood's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $5.98 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Laird Superfood's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Laird Superfood's Days Inventory for the three months ended in Mar. 2024 was 91.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Laird Superfood's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.99.

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. Laird Superfood's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.60.


Laird Superfood Total Inventories Historical Data

The historical data trend for Laird Superfood'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.

Laird Superfood Total Inventories Chart

Laird Superfood Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 2.44 6.30 10.22 5.70 6.32

Laird Superfood Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.39 5.86 6.55 6.32 5.63

Laird Superfood 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.


Laird Superfood  (AMEX:LSF) 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.

Laird Superfood's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.1+0.75 * 2.065+0.5 * 5.633-4.966
-0-0)/9.51972
=0.68

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

Laird Superfood's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=5.978/5.945*365 / 4
=91.76

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

Laird Superfood's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=5.945 / 5.978
=0.99

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.

Laird Superfood's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=5.978 / 9.909
=0.60

* 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.


Laird Superfood Total Inventories Related Terms

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Laird Superfood (Laird Superfood) Business Description

Traded in Other Exchanges
N/A
Address
5303 Spine Road, Suite 204, Boulder, CO, USA, 80301
Laird Superfood Inc is engaged in the business of manufacturing and marketing differentiated plant-based and functional foods. The product portfolio includes Coffee creamers, Hydration products and beverage-enhancing supplements, Harvest snacks and other food items, and Coffee, tea, and hot chocolate products.
Executives
Anna Hamill officer: Chief Financial Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Steven L Richie officer: General Counsel and Secretary 44111 NOBEL DRIVE, FREMONT CA 94538
Andrew Judd officer: Chief Commercial Officer 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Gregory B Graves director 129 CONCORD ROAD, BILLERICA MA 01821
Jason D. Vieth director, officer: Chief Executive Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Grant J Lamontagne director 1221 BROADWAY, OAKLAND CA 94612
Patrick Gaston director C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Paul Jr. Hodge director, officer: Chief Executive Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Scott Mcguire officer: Chief Operating Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Andrew J. Mccormick officer: General Counsel and Secretary C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Valerie Ells officer: Chief Financial Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Laird Hamilton director, officer: Chief Innovator C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
S.a. Danone 10 percent owner 17, BOULEVARD HAUSSMANN, PARIS I0 75009
Danone Manifesto Ventures, Pbc 10 percent owner 12 WEST 21ST STREET, 12TH FLOOR, NEW YORK NY 10010
Jim Buechler director C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759