MMNFQ (MedMen Enterprises) Total Inventories: $14.7 Mil (As of Mar. 2023)


What is MedMen Enterprises Total Inventories?

MedMen Enterprises MMNFQ -90.00% Total Inventories is $14.7 Mil as of Mar. 2023.

MedMen Enterprises's total inventories for the quarter that ended in Mar. 2023 was $14.7 Mil. MedMen Enterprises's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Mar. 2023 was $14.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MedMen Enterprises's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MedMen Enterprises's Days Inventory for the three months ended in Mar. 2023 was 91.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. MedMen Enterprises's Inventory Turnover for the quarter that ended in Mar. 2023 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. MedMen Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.52.

MedMen Enterprises  (OTCPK:MMNFQ) 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.

MedMen Enterprises's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is

Net-Net Working Capital Per Share (Q: Mar. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.626+0.75 * 3.862+0.5 * 14.669-572.976
-0--479.745)/1383.203
=-0.05

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

MedMen Enterprises's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=14.172/14.077*365 / 4
=91.87

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

MedMen Enterprises's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=14.077 / 14.172
=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.

MedMen Enterprises's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=14.172 / 27.225
=0.52

* 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.

MedMen Enterprises Total Inventories Related Terms

MedMen Enterprises Total Inventories Historical Data

* Premium members only.

The historical data trend for MedMen Enterprises'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.

MedMen Enterprises Total Inventories Chart

MedMen Enterprises Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.25 25.48 20.68 16.01 10.01

MedMen Enterprises Quarterly Data
Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 11.93 10.01 9.12 13.68 14.67

MedMen Enterprises 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 $14.7 Mil mean?
MedMen Enterprises (MMNFQ) has a Total Inventories of $14.7 Mil as of Mar. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for MedMen Enterprises and its competitors.
Is MedMen Enterprises' Total Inventories too high?
MedMen Enterprises' current Total Inventories is $14.7 Mil.
How does MedMen Enterprises' Total Inventories compare to ZTS and VTRS?
MedMen Enterprises' Total Inventories of $14.7 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 MedMen Enterprises and its competitors. MedMen Enterprises's current Total Inventories is $14.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedMen Enterprises stock overvalued right now?
MedMen Enterprises (MMNFQ) has a current Total Inventories of $14.7 Mil. The current Total Inventories is $14.7 Mil. 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 MedMen Enterprises (MMNFQ), the current Total Inventories is $14.7 Mil as of Mar. 2023. 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.

MedMen Enterprises Business Description

Address 8740 S Sepulveda Boulevard, Suite 105, Los Angeles, CA, USA, 90045
MedMen Enterprises Inc is a American cannabis company dedicated to improving life with Cannabis for All. With operations across the United States in California, Nevada, Illinois, Arizona, Massachusetts, and New York, the company has MedMen and LuxLyte brands offering cannabis in consumer-preferred product forms for medical and recreational use. It produces and curates the consumer product assortment for retail operations in its local communities, and drives consumer loyalty with service and engaging in-store experience, combined with reward, delivery, and e-commerce programs.