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The Healing Co (The Healing Co) Total Inventories : $2.01 Mil (As of Sep. 2023)


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What is The Healing Co Total Inventories?

The Healing Co's total inventories for the quarter that ended in Sep. 2023 was $2.01 Mil. The Healing Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $2.35 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. The Healing Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Healing Co's Days Inventory for the three months ended in Sep. 2023 was 145.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Healing Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.63.

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. The Healing Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.76.


The Healing Co Total Inventories Historical Data

The historical data trend for The Healing Co'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.

The Healing Co Total Inventories Chart

The Healing Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.68

The Healing Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 4.11 4.02 2.68 2.01

The Healing Co 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.


The Healing Co  (OTCPK:HLCO) 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.

The Healing Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.42+0.75 * 0.222+0.5 * 2.009-13.936
-0.001-0)/57.4749
=-0.20

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

The Healing Co's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=2.345/1.47*365 / 4
=145.57

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

The Healing Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=1.47 / 2.345
=0.63

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.

The Healing Co's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=2.345 / 3.091
=0.76

* 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.


The Healing Co Total Inventories Related Terms

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The Healing Co (The Healing Co) Business Description

Traded in Other Exchanges
N/A
Address
135 W 50th Street, 2nd Floor, New York, NY, USA, 10020
The Healing Co Inc is a health and wellness company that has identified the need for a change to healthcare, where conventional medicine and alternative healing can both be drawn on to provide a world of integrated healing encompassing conventional medicine and alternative medicine. The company has three operating segments which are E-commerce sales of health and wellness products, Sales of memberships to our wellness app, and Support for our licensed wellness experiences.
Executives
Steven John Barr director P.O. BOX 789, MOUNT VERNON OH 43050
Ameeth Sankaran director 6404 PEMBERTON DRIVE, DALLAS TX 75230
Kay Koplovitz director KOPLOVITZ & CO. LLC, 145 CENTRAL PARK WEST, APT 24C, NEW YORK NY 10023
Anabel Oelmann director C/O HAUSPLUS, HOHENZOLLERNDAMM 125/126, BERLIN 2M 14199
Simon Belsham director, officer: CEO, President 1101 GRAND STREET, APT. 302, HOBOKEN NJ 07030
Justin Figgins officer: CFO 81 ENNERDALE ROAD, RICHMOND SURREY X0 TW9 2DN
Wanja Oberhof 10 percent owner LINIENSTRASSE 86, BERLIN 2M 10119
Demetri Argyropoulos 10 percent owner 5940 SOUTH RAINBOW BLVD, SUITE 400/PMB 32031, LAS VEGAS NV 89118
Steven Bartlett director 7 CHAPPEL LOFTS, 10 BELMONT STREET, LONDON X0 NW18HH
Jeffrey Taylor director, 10 percent owner, officer: President/Secretary/Treasurer 711 S. CARSON STREET, CARSON CITY NV 89701