MTL Cannabis (STU:J4E) Total Inventories : €7.04 Mil (As of Sep. 2023)

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What is MTL Cannabis Total Inventories?

MTL Cannabis's total inventories for the quarter that ended in Sep. 2023 was €7.04 Mil. MTL Cannabis's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was €6.93 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MTL Cannabis's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MTL Cannabis's Days Inventory for the three months ended in Sep. 2023 was 71.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. MTL Cannabis's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.27.

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. MTL Cannabis's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.53.

MTL Cannabis Total Inventories Historical Data

The historical data trend for MTL Cannabis'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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MTL Cannabis Total Inventories Chart

MTL Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Total Inventories

2.94

5.08

7.12

MTL Cannabis Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial			-	7.12	6.83	7.04	-

MTL Cannabis 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.

MTL Cannabis (STU:J4E) 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.

MTL Cannabis'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)
=	(2.256	+	0.75 * 5.613	+	0.5 * 7.037	-	43.575
-	0	-	0)	/	116.998
=	-0.29

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

MTL Cannabis'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
	=	6.9315	/	8.801	*	365 / 4
	=	71.87

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

MTL Cannabis'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 )
	=	8.801	/	6.9315
	=	1.27

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.

MTL Cannabis'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 )
	=	6.9315	/	13.161
	=	0.53

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.

MTL Cannabis Total Inventories Related Terms

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MTL Cannabis (STU:J4E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (STU:J4E) » Definitions » Total Inventories

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Traded in Other Exchanges

J4E:Germany MTLC:Canada

Address

1773 Bayly Street, Pickering, ON, CAN, L1W 2Y7

Website

https://www.mtlcannabis.ca

MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis.

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