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Natural Alternatives International's total inventories for the quarter that ended in Dec. 2024 was $23.0 Mil. Natural Alternatives International's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $24.5 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Natural Alternatives International's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-7.12.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Natural Alternatives International's Days Inventory for the three months ended in Dec. 2024 was 68.93.
Inventory Turnover measures how fast the company turns over its inventory within a year. Natural Alternatives International's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.32.
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. Natural Alternatives International's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.72.
The historical data trend for Natural Alternatives International'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.
Natural Alternatives International Annual Data | |||||||||||||||||||||
Trend | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||||
Total Inventories | Get a 7-Day Free Trial |
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27.97 | 27.01 | 32.48 | 29.69 | 24.25 |
Natural Alternatives International Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Total Inventories | Get a 7-Day Free Trial |
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19.60 | 21.07 | 24.25 | 25.93 | 23.04 |
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.
Natural Alternatives International (NAS:NAII) 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.
Natural Alternatives International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is
Net-Net Working Capital Per Share (Q: Dec. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (8.663 | + | 0.75 * 16.898 | + | 0.5 * 23.036 | - | 76.987 |
- | 0 | - | 0) | / | 6.199 | ||
= | -7.12 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Natural Alternatives International's Days Inventory for the three months ended in Dec. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Dec. 2024 ) | / | Cost of Goods Sold (Q: Dec. 2024 ) | * | Days in Period |
= | 24.4815 | / | 32.409 | * | 365 / 4 | |
= | 68.93 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Natural Alternatives International's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Dec. 2024 ) | / | Average Total Inventories (Q: Dec. 2024 ) |
= | 32.409 | / | 24.4815 | |
= | 1.32 |
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.
Natural Alternatives International's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Dec. 2024 ) | / | Revenue (Q: Dec. 2024 ) |
= | 24.4815 | / | 34.078 | |
= | 0.72 |
* 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.
Thank you for viewing the detailed overview of Natural Alternatives International's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Mark A Ledoux | director, 10 percent owner, officer: CEO/Chairman | 1185 LINDA VISTA DR, SAN MARCOS CA 92069 |
Joe E Davis | director | 3436 CARIBETH DR, ENCINO CA 91436 |
Lee G Weldon | director | 1185 LINDA VISTA DRIVE, SAN MARCAS CA 92069 |
Alan G Dunn | director | 1185 LINDA VISTA DR., SUITE A, SAN MARCOS X1 92078 |
Michael E Fortin | officer: Chief Financial Officer | 1185 LINDA VISTA DRIVE, SAN MARCOS CA 92078 |
Kenneth Wolf | officer: Chief Financial Officer | 12626 HIGH BLUFF DRIVE, SUITE 440, SAN DIEGO CA 92130 |
Alan J Lane | director | 41090 AVENIDA VERDE, TEMECULA CA 92591 |
Guru Ramanathan | director | C/O GNC HOLDINGS, INC., 300 SIXTH AVENUE, PITTSBURGH PA 15222 |
Laura Kay Matherly | director | 1535 FARADAY AVENUE, CARLSBAD CA 92008 |
Edward Borg | 10 percent owner | 600 SOUTH US HIGHWAY 1, APT. 609, JUPITER FL 33477 |
Alvin Mccurdy | officer: V.P. of Operations | 1185 LINDA VISTA DR., SUITE A, SAN MARCOS CA 92078 |
Carl J Terranova | other: Member of 13(d) 10% group | 159 CHRYSTIE ST, NEW YORK NY 10002 |
Thomas H Hansen | 10 percent owner | |
John Dullea | officer: President, RHL (Subsidiary) | 12189 CAMINITO CORRIENTE, SAN DIEGO CA 92128 |
Randell Weaver | officer: President |
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