Entourage Health (TSXV:ENTG) Total Inventories : C$10.95 Mil (As of Sep. 2024)

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What is Entourage Health Total Inventories?

Entourage Health's total inventories for the quarter that ended in Sep. 2024 was C$10.95 Mil. Entourage Health's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was C$11.05 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Entourage Health's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was C$-0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Entourage Health's Days Inventory for the three months ended in Sep. 2024 was 151.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Entourage Health's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.60.

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. Entourage Health's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.16.

Entourage Health Total Inventories Historical Data

The historical data trend for Entourage Health'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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Entourage Health Total Inventories Chart

Entourage Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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38.95

32.62

30.25

14.79

10.01

Entourage Health Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial															15.74	10.01	10.93	11.16	10.95

Entourage Health 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.

Entourage Health (TSXV:ENTG) 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.

Entourage Health's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3.519	+	0.75 * 3.102	+	0.5 * 10.951	-	196.89
-	0	-	0)	/	308.387
=	-0.60

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

Entourage Health's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	11.054	/	6.673	*	365 / 4
	=	151.16

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

Entourage Health's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	6.673	/	11.054
	=	0.60

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.

Entourage Health's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	11.054	/	9.545
	=	1.16

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.

Entourage Health Total Inventories Related Terms

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Entourage Health Business Description

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ETRGF:USA 4WE:Germany

Address

250 Elm Street, Aylmer, ON, CAN, N5H 2M8

Website

https://www.entouragehealthcorp.com

Entourage Health Corp is a licence holder producing and distributing cannabis products for both the medical and adult-use markets. It owns and operates greenhouse, outdoor, and processing facility located in Strathroy as well as a fully licensed Aylmer processing facility, specializing in cannabis extraction. With the addition of Starseed Medicinal, a medical-centric brand, it has expanded its multi-channeled distribution. The company operates in one segment, the production and sale of cannabis in Canada.

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