RGFC (The Real Good Food Co) Total Inventories: $58.1 Mil (As of Sep. 2023)


RGFC The Real Good Food Co Inc RGFC
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What is The Real Good Food Co Total Inventories?

The Real Good Food Co RGFC 14 Total Inventories is $58.1 Mil as of Sep. 2023. GuruFocus rates RGFC with a GF Score™ of 14/100.

The Real Good Food Co's total inventories for the quarter that ended in Sep. 2023 was $58.1 Mil. The Real Good Food Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $54.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. The Real Good Food Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-74.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Real Good Food Co's Days Inventory for the three months ended in Sep. 2023 was 113.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Real Good Food Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.80.

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. The Real Good Food Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.98.


The Real Good Food Co  (OTCPK:RGFC) 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.

The Real Good Food Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.078+0.75 * 29.829+0.5 * 58.133-195.428
-0--72.321)/0.955
=-74.96

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

The Real Good Food Co's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=54.6695/43.977*365 / 4
=113.44

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

The Real Good Food Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=43.977 / 54.6695
=0.80

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.

The Real Good Food Co's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=54.6695 / 55.565
=0.98

* 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.


The Real Good Food Co Total Inventories Related Terms


The Real Good Food Co Total Inventories Historical Data

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The historical data trend for The Real Good Food Co'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.

The Real Good Food Co Total Inventories Chart

The Real Good Food Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Inventories
8.97 8.37 16.62 39.48

The Real Good Food Co Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.12 39.48 45.36 51.21 58.13
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The Real Good Food Co Inc RGFC
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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The Real Good Food Co 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 $58.1 Mil mean?
The Real Good Food Co (RGFC) has a Total Inventories of $58.1 Mil as of Sep. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for The Real Good Food Co and its competitors.
Is The Real Good Food Co's Total Inventories too high?
The Real Good Food Co's current Total Inventories is $58.1 Mil. Overall, The Real Good Food Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does The Real Good Food Co's Total Inventories compare to PLAG and NAII?
The Real Good Food Co's Total Inventories of $58.1 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Inventories depends on the Consumer Packaged Goods 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 The Real Good Food Co and its competitors. The Real Good Food Co's current Total Inventories is $58.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Real Good Food Co stock overvalued right now?
The Real Good Food Co (RGFC) has a current Total Inventories of $58.1 Mil. The current Total Inventories is $58.1 Mil. The Real Good Food Co's overall GF Score™ is 14/100. 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 The Real Good Food Co (RGFC), the current Total Inventories is $58.1 Mil as of Sep. 2023. 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.

The Real Good Food Co Business Description

Address 3 Executive Campus, Suite 155, Cherry Hill, NJ, USA, 08002
The Real Good Food Co Inc is a frozen food company that develops, markets, and manufactures foods high in protein, low in sugar, and gluten- and grain-free. The company produces breakfast sandwiches, entrees, and other products, primarily sold in the U.S. frozen food category. All of its revenue is derived from the United States.
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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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