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TLCC (Twinlab Consolidated Holdings) Total Inventories : $2.39 Mil (As of Jun. 2024)


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What is Twinlab Consolidated Holdings Total Inventories?

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.


Twinlab Consolidated Holdings Total Inventories Historical Data

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.

* Premium members only.

Twinlab Consolidated Holdings Total Inventories Chart

Twinlab Consolidated Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.48 4.40 3.40 3.66 2.39

Twinlab Consolidated Holdings 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.


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.


Twinlab Consolidated Holdings Total Inventories Related Terms

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Twinlab Consolidated Holdings Business Description

Traded in Other Exchanges
N/A
Address
4800 T-Rex Avenue, Suite 225, Boca Raton, FL, USA, 33431
Twinlab Consolidated Holdings Inc, along with its subsidiaries, is engaged in the manufacturing and distributing of nutritional supplements and other natural products. It offers products such as vitamins, minerals, specialty supplements, and sports nutrition products. It also manufactures and sells diet and energy products. The company markets its products under five primary brand names: Twinlab (vitamins and minerals), ResVitale, MetaboLife, Reserveage Beauty, and Alvita Teas. It sold its products through health and natural food stores and national and regional drug store chains, supermarkets, and mass-market retailers.
Executives
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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