Psyched Wellness (XCNQ:PSYC) Total Inventories : C$0.90 Mil (As of Aug. 2024)

Psyched Wellness Total Inventories Chart

Psyched Wellness Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Total Inventories		Get a 7-Day Free Trial					-	-	-	0.27	0.96

Psyched Wellness Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Total Inventories	Get a 7-Day Free Trial															1.15	0.96	0.96	0.93	0.90

Psyched Wellness 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.

Psyched Wellness  (XCNQ:PSYC) 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.

Psyched Wellness's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2024 is

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

Psyched Wellness's Days Inventory for the three months ended in Aug. 2024 is calculated as:

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

Psyched Wellness's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

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.

Psyched Wellness's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

* 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.

Psyched Wellness Total Inventories Related Terms

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Psyched Wellness Business Description