MUSLF (Promino Nutritional Sciences) Total Inventories : $0.64 Mil (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Promino Nutritional Sciences Total Inventories?

Promino Nutritional Sciences's total inventories for the quarter that ended in Sep. 2024 was $0.64 Mil. Promino Nutritional Sciences's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $0.52 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Promino Nutritional Sciences's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Promino Nutritional Sciences's Days Inventory for the three months ended in Sep. 2024 was 839.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Promino Nutritional Sciences's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.11.

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. Promino Nutritional Sciences's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 5.31.

Promino Nutritional Sciences Total Inventories Historical Data

The historical data trend for Promino Nutritional Sciences'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.

Promino Nutritional Sciences Total Inventories Chart

Promino Nutritional Sciences Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

0.27

2.50

1.07

0.01

Promino Nutritional Sciences Quarterly Data
	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														1.11	0.01	0.01	0.39	0.64

Promino Nutritional Sciences 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.

Promino Nutritional Sciences (OTCPK:MUSLF) 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.

Promino Nutritional Sciences'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)
=	(0.8	+	0.75 * 0.079	+	0.5 * 0.64	-	4.928
-	0	-	0)	/	112.772
=	-0.03

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

Promino Nutritional Sciences'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
	=	0.5155	/	0.056	*	365 / 4
	=	839.99

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

Promino Nutritional Sciences'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 )
	=	0.056	/	0.5155
	=	0.11

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.

Promino Nutritional Sciences'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 )
	=	0.5155	/	0.097
	=	5.31

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.

Promino Nutritional Sciences Total Inventories Related Terms

Thank you for viewing the detailed overview of Promino Nutritional Sciences's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Promino Nutritional Sciences Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Promino Nutritional Sciences Inc (OTCPK:MUSLF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

93X:Germany MUSL:Canada

Address

4145 North Service Road, 2nd Floor, Burlington, ON, CAN, L7L 6A3

Website

https://www.drinkpromino.com

Promino Nutritional Sciences Inc is a nutraceutical company specializing in the development of patented and science-based products for the global consumer packaged goods market, with a portfolio focused specifically on muscle health. Promino's lead product, Rejuvenate, is a patented proprietary formula that assists in the building, rebuilding, restoration, and rejuvenation of natural muscle mass. Promino also offers Promino, a performance supplement for both professional and amateur athletes to accelerate muscle recovery, build strength, and accelerate recovery from injury.