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Vitality Products (TSXV:VPI) Total Inventories : C$0.11 Mil (As of Oct. 2024)


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What is Vitality Products Total Inventories?

Vitality Products's total inventories for the quarter that ended in Oct. 2024 was C$0.11 Mil. Vitality Products's average total inventories from the quarter that ended in Jul. 2024 to the quarter that ended in Oct. 2024 was C$0.13 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Vitality Products's Net-Net Working Capital per share for the quarter that ended in Oct. 2024 was C$-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vitality Products's Days Inventory for the three months ended in Oct. 2024 was 206.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vitality Products's Inventory Turnover for the quarter that ended in Oct. 2024 was 0.44.

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. Vitality Products's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.68.


Vitality Products Total Inventories Historical Data

The historical data trend for Vitality Products'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.

Vitality Products Total Inventories Chart

Vitality Products Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.23 0.19 0.23 0.19

Vitality Products Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.18 0.19 0.14 0.15 0.11

Vitality Products 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.


Vitality Products  (TSXV:VPI) 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.

Vitality Products's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2024 is

Net-Net Working Capital Per Share (Q: Oct. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.198+0.75 * 0.111+0.5 * 0.113-2.158
-0-0)/41.411
=-0.04

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

Vitality Products's Days Inventory for the three months ended in Oct. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2024 )/Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=0.131/0.058*365 / 4
=206.10

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

Vitality Products's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2024 ) / Average Total Inventories (Q: Oct. 2024 )
=0.058 / 0.131
=0.44

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.

Vitality Products's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=0.131 / 0.194
=0.68

* 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.


Vitality Products Total Inventories Related Terms

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Vitality Products Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 304, Vancouver, BC, CAN, V6C 3N6
Vitality Products Inc is in the business of manufacturing, marketing, and distributing natural health products, including vitamins, minerals, and nutritional supplements. Its product portfolio comprises Digest+, Power Iron + Organic Spirulina, Time Release B60 Complete + C, Time Release Super Multi+, and others. Its geographical segments include Canada and the United States, of which the majority of its revenue is generated in Canada.
Executives
Cheryl Ann Grant Director, Director or Senior Officer of 10% Security Holder, Senior Officer
William Douglas Grant Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Joanne Yan Director
Colby Lee Fackler Senior Officer

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