Maverick Lifestyle's total inventories for the quarter that ended in Jun. 2023 was $0.65 Mil. Maverick Lifestyle's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Jun. 2023 was $0.63 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 Jun. 2023 was $-1.35.
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 Jun. 2023 was 294.92.
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 Jun. 2023 was 0.31.
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 Jun. 2023 was 1.38.
Maverick Lifestyle Total Inventories Historical Data
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.
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.
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 Jun. 2023 is
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 Jun. 2023 is calculated as
* 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
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Maverick Lifestyle (Maverick Lifestyle) Business Description
7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Website
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.
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