NUMIF (Numinus Wellness) Total Inventories : $0.00 Mil (As of May. 2024)

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What is Numinus Wellness Total Inventories?

Numinus Wellness's total inventories for the quarter that ended in May. 2024 was $0.00 Mil. Numinus Wellness's average total inventories from the quarter that ended in Feb. 2024 to the quarter that ended in May. 2024 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Numinus Wellness's Net-Net Working Capital per share for the quarter that ended in May. 2024 was $-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Numinus Wellness's Days Inventory for the three months ended in May. 2024 was 0.00.

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

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. Numinus Wellness's Inventory-to-Revenue for the quarter that ended in May. 2024 was 0.00.

Numinus Wellness Total Inventories Historical Data

The historical data trend for Numinus Wellness'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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Numinus Wellness Total Inventories Chart

Numinus Wellness Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Total Inventories

0.01

Numinus Wellness Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Numinus Wellness 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.

Numinus Wellness (OTCPK:NUMIF) 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.

Numinus Wellness's Net-Net Working Capital Per Share for the quarter that ended in May. 2024 is

	Net-Net Working Capital Per Share (Q: May. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2.707	+	0.75 * 1.25	+	0.5 * 0	-	6.857
-	0	-	0)	/	320.552
=	-0.01

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

Numinus Wellness's Days Inventory for the three months ended in May. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2024 )	/	Cost of Goods Sold (Q: May. 2024 )	*	Days in Period
	=	0	/	2.481	*	365 / 4
	=	0.00

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

Numinus Wellness's Inventory Turnover for the quarter that ended in May. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: May. 2024 )	/	Average Total Inventories (Q: May. 2024 )
	=	2.481	/	0
	=	N/A

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.

Numinus Wellness's Inventory to Revenue for the quarter that ended in May. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2024 )	/	Revenue (Q: May. 2024 )
	=	0	/	3.182
	=	0.00

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.

Numinus Wellness Total Inventories Related Terms

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Numinus Wellness Business Description

Industry

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LR23:Germany NUMI:Canada

Address

801 - 33 Water Street, Vancouver, BC, CAN, V6B 1R4

Website

https://www.numinus.ca

Numinus Wellness Inc develops proprietary, psychedelic-centered, therapeutic products and services through its laboratory and research & development processes. The company's clinic network consists of Numinus Health, Mindspace Services, and the Neurology Center of Toronto. Its services include Ketamine-assisted psychotherapy for depression, neurological care, psychotherapy, and counseling by registered psychologists among others. The company's operating segments are; Clinical research operations, Canadian clinic network, US clinic network and Corporate. The majority of the revenue for the company is generated from US clinic network segment. Geographically, the company has its presence in United States and Canada.