MVRK (Maverick Lifestyle) Total Inventories: $0.75 Mil (As of Sep. 2024)


What is Maverick Lifestyle Total Inventories?

Maverick Lifestyle MVRK Total Inventories is $0.75 Mil as of Sep. 2024.

Maverick Lifestyle's total inventories for the quarter that ended in Sep. 2024 was $0.75 Mil. Maverick Lifestyle's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $0.75 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Maverick Lifestyle's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-1.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maverick Lifestyle's Days Inventory for the three months ended in Sep. 2024 was 200.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maverick Lifestyle's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.46.

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. Maverick Lifestyle's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.89.


Maverick Lifestyle  (NAS:MVRK) 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.

Maverick Lifestyle'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)
=(0.155+0.75 * 0.201+0.5 * 0.751-11.542
-0-0)/9.557
=-1.14

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

Maverick Lifestyle'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
=0.751/0.342*365 / 4
=200.38

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

Maverick Lifestyle'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 )
=0.342 / 0.751
=0.46

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.

Maverick Lifestyle'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 )
=0.751 / 0.844
=0.89

* 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.


Maverick Lifestyle Total Inventories Related Terms


Maverick Lifestyle Total Inventories Historical Data

* Premium members only.

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Total Inventories Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
0.18 1.34 0.52 0.62

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.65 0.65 0.62 0.75 0.75

Maverick Lifestyle 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 $0.75 Mil mean?
Maverick Lifestyle (MVRK) has a Total Inventories of $0.75 Mil as of Sep. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Maverick Lifestyle and its competitors.
Is Maverick Lifestyle's Total Inventories too high?
Maverick Lifestyle's current Total Inventories is $0.75 Mil.
How does Maverick Lifestyle's Total Inventories compare to ?
Maverick Lifestyle's Total Inventories of $0.75 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Total Inventories depends on the Tobacco Products 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 Maverick Lifestyle and its competitors. Maverick Lifestyle's current Total Inventories is $0.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current Total Inventories of $0.75 Mil. The current Total Inventories is $0.75 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 Maverick Lifestyle (MVRK), the current Total Inventories is $0.75 Mil as of Sep. 2024. 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.

Maverick Lifestyle Business Description

Comparable Companies
Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.