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VLGEA (Village Super Market) Total Inventories : $49 Mil (As of Oct. 2024)


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What is Village Super Market Total Inventories?

Village Super Market's total inventories for the quarter that ended in Oct. 2024 was $49 Mil. Village Super Market's average total inventories from the quarter that ended in Jul. 2024 to the quarter that ended in Oct. 2024 was $48 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Village Super Market's Net-Net Working Capital per share for the quarter that ended in Oct. 2024 was $-26.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Village Super Market's Days Inventory for the three months ended in Oct. 2024 was 11.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Village Super Market's Inventory Turnover for the quarter that ended in Oct. 2024 was 8.28.

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. Village Super Market's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.09.


Village Super Market Total Inventories Historical Data

The historical data trend for Village Super Market'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.

Village Super Market Total Inventories Chart

Village Super Market Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.14 42.63 44.19 44.52 46.74

Village Super Market 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 47.49 45.71 47.16 46.74 48.81

Village Super Market 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.


Village Super Market  (NAS:VLGEA) 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.

Village Super Market'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)
=(117.18+0.75 * 0+0.5 * 48.814-532.883
-0-0)/14.8549
=-26.34

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

Village Super Market'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
=47.7765/395.819*365 / 4
=11.01

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

Village Super Market'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 )
=395.819 / 47.7765
=8.28

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.

Village Super Market'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 )
=47.7765 / 557.697
=0.09

* 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.


Village Super Market Total Inventories Related Terms

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Village Super Market Business Description

Traded in Other Exchanges
Address
733 Mountain Avenue, Springfield, NJ, USA, 07081
Village Super Market Inc operates a chain of ShopRite supermarkets, a few of which are in northern New Jersey, southern New Jersey, Maryland, and in northeastern Pennsylvania. The company is a member of Wakefern Food Corporation (Wakefern), a retailer-owned food cooperative and owner of the ShopRite name. It consists of one operating segment, the retail sale of food and nonfood products.
Executives
Kevin Begley officer: CFO 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Luigi Perri officer: Controller 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Van Orden John L officer: CFO 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
William Sumas director, 10 percent owner, officer: EVP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John Sumas director, 10 percent owner, officer: EVP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Prasad Pola director C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Perry J. Blatt director C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Peter Lavoy director 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
David Judge director 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Estate Of Perry Sumas 10 percent owner C/O PATRICIA ANAGNOSTIS, 148 KENT PLACE BLVD., SUMMIT NJ 07901
Steven Crystal director 733 MOUNTAIN AVENUE, - - - - - - - - - -, SPRINGFIELD NJ 07081
Stephen Rooney director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Robert Sumas director, 10 percent owner, officer: EVP, Secretary 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John James Sumas officer: VP & General Counsel 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Nicholas James Sumas officer: VP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081

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