Neighbourly Pharmacy (Neighbourly Pharmacy) Total Inventories : $72.3 Mil (As of Dec. 2023)

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What is Neighbourly Pharmacy Total Inventories?

Neighbourly Pharmacy's total inventories for the quarter that ended in Dec. 2023 was $72.3 Mil. Neighbourly Pharmacy's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $71.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Neighbourly Pharmacy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-7.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Neighbourly Pharmacy's Days Inventory for the three months ended in Dec. 2023 was 51.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Neighbourly Pharmacy's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.79.

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. Neighbourly Pharmacy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.34.

Neighbourly Pharmacy Total Inventories Historical Data

The historical data trend for Neighbourly Pharmacy'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.

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Neighbourly Pharmacy Total Inventories Chart

Neighbourly Pharmacy Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

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18.92

22.21

35.71

44.01

68.90

Neighbourly Pharmacy Quarterly Data
	Mar18	Mar19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial														66.36	68.90	70.57	70.07	72.27

Neighbourly Pharmacy 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.

Neighbourly Pharmacy (OTCPK:NBLYF) 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.

Neighbourly Pharmacy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(13.035	+	0.75 * 28.681	+	0.5 * 72.266	-	388.964
-	0	-	3.008)	/	44.868
=	-7.16

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

Neighbourly Pharmacy's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	71.1695	/	127.169	*	365 / 4
	=	51.07

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

Neighbourly Pharmacy's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	127.169	/	71.1695
	=	1.79

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.

Neighbourly Pharmacy's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	71.1695	/	211.656
	=	0.34

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.

Neighbourly Pharmacy Total Inventories Related Terms

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Neighbourly Pharmacy (Neighbourly Pharmacy) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Neighbourly Pharmacy Inc (OTCPK:NBLYF) » Definitions » Total Inventories

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NBLY:Canada

Address

190 Attwell Drive, Unit 400, Toronto, ON, CAN, M9W 6H8

Website

https://www.neighbourlypharmacy.ca

Neighbourly Pharmacy Inc is a network of community pharmacies. Its pharmacies act as the centre of care within their communities, representing an indispensable source of both healthcare delivery and trusted advice for their patients.

Neighbourly Pharmacy (Neighbourly Pharmacy) Headlines

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Neighbourly: A Friendly Canadian Pharmacy With Value Potential

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