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Twinlab Consolidated Holdings's total inventories for the quarter that ended in Jun. 2024 was $2.39 Mil. Twinlab Consolidated Holdings's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was $3.03 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Twinlab Consolidated Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.57.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Twinlab Consolidated Holdings's Days Inventory for the three months ended in Jun. 2024 was 145.89.
Inventory Turnover measures how fast the company turns over its inventory within a year. Twinlab Consolidated Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.63.
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. Twinlab Consolidated Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.97.
The historical data trend for Twinlab Consolidated Holdings'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.
Twinlab Consolidated Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 6.57 | 6.30 | 5.81 | 6.86 | 3.40 |
Twinlab Consolidated Holdings Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Total Inventories | Get a 7-Day Free Trial | 5.48 | 4.40 | 3.40 | 3.66 | 2.39 |
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.
Twinlab Consolidated Holdings (OTCPK:TLCC) 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.
Twinlab Consolidated Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is
Net-Net Working Capital Per Share (Q: Jun. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (0.265 | + | 0.75 * 1.207 | + | 0.5 * 2.394 | - | 149.981 |
- | 0 | - | 0) | / | 259.093 | ||
= | -0.57 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Twinlab Consolidated Holdings's Days Inventory for the three months ended in Jun. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Jun. 2024 ) | / | Cost of Goods Sold (Q: Jun. 2024 ) | * | Days in Period |
= | 3.025 | / | 1.892 | * | 365 / 4 | |
= | 145.89 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Twinlab Consolidated Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Jun. 2024 ) | / | Average Total Inventories (Q: Jun. 2024 ) |
= | 1.892 | / | 3.025 | |
= | 0.63 |
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.
Twinlab Consolidated Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Jun. 2024 ) | / | Revenue (Q: Jun. 2024 ) |
= | 3.025 | / | 3.118 | |
= | 0.97 |
* 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 Twinlab Consolidated Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Kyle Casey | officer: Interim CFO | C/O TWINLAB CONSOLIDATED HOLDINGS, INC., 4800 T-REX AVENUE, SUITE 305, BOCA RATON FL 33431 |
Carla Goffstein | officer: CFO (Interim) | C/O TWINLAB CONSOLIDATED HOLDINGS, INC., 4800 T-REX AVENUE, #305, BOCA RATON FL 33431 |
Brent Baker | officer: President - Sports Nutrition | 4800 T-REX AVE, SUITE 305, BOCA RATON FL 33431 |
Alan S Gever | officer: CFO & COO | 115 WEST CENTURY ROAD, SUITE 260, PARAMUS NJ 07652 |
Mary Marbach | officer: Chief Legal Officer | 5400 BROKEN SOUND BLVD., NW - SUITE 500, BOCA RATON FL 33487 |
David A Still | director | C/O FISHER ASSET MANAGEMENT LLC, ONE FISHERS ROAD, PITTSFORD NY 14534 |
Naomi Whittel | director, officer: Chief Executive Officer | C/O STAR SCIENTIFIC, INC., 4470 COX ROAD, SUITE 110, GLEN ALLEN VA 23060 |
Mark Bugge | director | 10753 MACATAWA DRIVE, HOLLAND MI 49424 |
Ralph Iannelli | director | 1486 EAST VALLEY ROAD, SANTA BARBARA CA 93108 |
William Eric Stevens | officer: Chief Financial Officer | C/O RESERVEAGE, ONE BOCA PLACE, 2255 GLADES ROAD, BOCA RATON FL 33431 |
Golisano Holdings Llc | 10 percent owner | 1 FISHERS ROAD, PITTSFORD NY 14534 |
B Thomas Golisano | 10 percent owner | |
Great Harbor Capital, Llc | 10 percent owner | 3133 ORCHARD VISTA DRIVE SE, GRAND RAPIDS MI 49546 |
Mark Andrew Walsh | officer: See Remarks | TWINLAB CONSOLIDATED HOLDINGS, INC., 632 BROADWAY SUITE 201, NEW YORK NY 10012 |
Seth Ellis | director | PENTA MEZZANINE FUND, 20 N. ORANGE AVENUE, ORLANDO FL 32801 |
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