THS Maple Holdings (TSXV:YAY) Total Inventories : C$3.85 Mil (As of Nov. 2023)

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What is THS Maple Holdings Total Inventories?

THS Maple Holdings's total inventories for the quarter that ended in Nov. 2023 was C$3.85 Mil. THS Maple Holdings's average total inventories from the quarter that ended in Nov. 2022 to the quarter that ended in Nov. 2023 was C$3.19 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. THS Maple Holdings's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was C$-0.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. THS Maple Holdings's Days Inventory for the six months ended in Nov. 2023 was 68.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. THS Maple Holdings's Inventory Turnover for the quarter that ended in Nov. 2023 was 2.65.

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. THS Maple Holdings's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.31.

THS Maple Holdings Total Inventories Historical Data

The historical data trend for THS Maple 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.

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THS Maple Holdings Total Inventories Chart

THS Maple Holdings Annual Data

Trend

Nov21

Nov22

Total Inventories

2.39

2.53

THS Maple Holdings Semi-Annual Data
	Nov21	Nov22	Nov23
Total Inventories	2.39	2.53	3.85

THS Maple 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.

THS Maple Holdings (TSXV:YAY) 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.

THS Maple Holdings's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2023 is

	Net-Net Working Capital Per Share (Q: Nov. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.081	+	0.75 * 0.914	+	0.5 * 3.853	-	10.288
-	0	-	0)	/	60.3391
=	-0.13

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

THS Maple Holdings's Days Inventory for the six months ended in Nov. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2023 )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
	=	3.1905	/	8.469	*	365 / 2
	=	68.75

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

THS Maple Holdings's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Nov. 2023 )	/	Average Total Inventories (Q: Nov. 2023 )
	=	8.469	/	3.1905
	=	2.65

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.

THS Maple Holdings's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	3.1905	/	10.308
	=	0.31

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.

THS Maple Holdings Total Inventories Related Terms

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THS Maple Holdings Business Description

Industry

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Address

94 Riverwood Parkway, Toronto, ON, CAN, M8Y 4E9

Website

https://www.turkeyhill.ca

THS Maple Holdings Ltd supplies bottles, packages, and markets high-quality maple syrup and maple syrup products. Geographically the company generates the majority of its revenue from Canada.

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