XFTB (XFit Brands) Total Inventories: $0.40 Mil (As of Dec. 2016)


What is XFit Brands Total Inventories?

XFit Brands XFTB Total Inventories is $0.40 Mil as of Dec. 2016.

XFit Brands's total inventories for the quarter that ended in Dec. 2016 was $0.40 Mil. XFit Brands's average total inventories from the quarter that ended in Sep. 2016 to the quarter that ended in Dec. 2016 was $0.39 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. XFit Brands's Net-Net Working Capital per share for the quarter that ended in Dec. 2016 was $-0.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. XFit Brands's Days Inventory for the three months ended in Dec. 2016 was 61.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. XFit Brands's Inventory Turnover for the quarter that ended in Dec. 2016 was 1.50.

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. XFit Brands's Inventory-to-Revenue for the quarter that ended in Dec. 2016 was 0.43.

XFit Brands  (OTCPK:XFTB) 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.

XFit Brands's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2016 is

Net-Net Working Capital Per Share (Q: Dec. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.079+0.75 * 0.594+0.5 * 0.4-4.508
-0-0)/29.157
=-0.13

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

XFit Brands's Days Inventory for the three months ended in Dec. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2016 )/Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=0.3865/0.578*365 / 4
=61.02

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

XFit Brands's Inventory Turnover for the quarter that ended in Dec. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2016 ) / Average Total Inventories (Q: Dec. 2016 )
=0.578 / 0.3865
=1.50

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.

XFit Brands's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=0.3865 / 0.902
=0.43

* 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.

XFit Brands Total Inventories Related Terms

XFit Brands Total Inventories Historical Data

* Premium members only.

The historical data trend for XFit Brands'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.

XFit Brands Total Inventories Chart

XFit Brands Annual Data
Trend Jun14 Jun15 Jun16
Total Inventories
0.20 0.17 0.29

XFit Brands Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.28 0.29 0.37 0.40

XFit Brands 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.40 Mil mean?
XFit Brands (XFTB) has a Total Inventories of $0.40 Mil as of Dec. 2016. The total amount of inventory as recorded on a company's balance sheet. View historical data for XFit Brands and its competitors.
Is XFit Brands' Total Inventories too high?
XFit Brands' current Total Inventories is $0.40 Mil.
How does XFit Brands' Total Inventories compare to WESC and QSMG?
XFit Brands' Total Inventories of $0.40 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Travel & Leisure company?
A good Total Inventories depends on the Travel & Leisure industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for XFit Brands and its competitors. XFit Brands's current Total Inventories is $0.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XFit Brands stock overvalued right now?
XFit Brands (XFTB) has a current Total Inventories of $0.40 Mil. The current Total Inventories is $0.40 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For XFit Brands (XFTB), the current Total Inventories is $0.40 Mil as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

XFit Brands Business Description

Address 25731 Commercentre Drive, Lake Forest, CA, USA, 92630
XFit Brands Inc is active in the leisure industry. Its activities include design, development, and worldwide marketing and selling of functional equipment, training gear, apparel, and accessories for the impact sports market and fitness industry. Its products span the Impact Sports, Mixed Martial Arts (MMA), High and low impact fitness and Cross Training, and other Action Sports and are marketed and sold under the Throwdown, XFit Brands, and Transformations brand names.