Naples Soap Co (Naples Soap Co) Total Inventories : $0.73 Mil (As of Jun. 2023)

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What is Naples Soap Co Total Inventories?

Naples Soap Co's total inventories for the quarter that ended in Jun. 2023 was $0.73 Mil. Naples Soap Co's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Jun. 2023 was $0.36 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Naples Soap Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Naples Soap Co's Days Inventory for the six months ended in Jun. 2023 was 41.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Naples Soap Co's Inventory Turnover for the quarter that ended in Jun. 2023 was 4.39.

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. Naples Soap Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.06.

Naples Soap Co Total Inventories Historical Data

The historical data trend for Naples Soap 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.

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Naples Soap Co Total Inventories Chart

Naples Soap Co Annual Data

Trend

Total Inventories

Naples Soap Co Semi-Annual Data
	Jun22	Jun23
Total Inventories	-	0.73

Naples Soap 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.

Naples Soap Co (OTCPK:NASO) 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.

Naples Soap Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

	Net-Net Working Capital Per Share (Q: Jun. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.102	+	0.75 * 0.02	+	0.5 * 0.728	-	7.355
-	0	-	0)	/	1490.47
=	-0.00

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

Naples Soap Co's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0.364	/	1.598	*	365 / 2
	=	41.57

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

Naples Soap Co's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2023 )	/	Average Total Inventories (Q: Jun. 2023 )
	=	1.598	/	0.364
	=	4.39

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.

Naples Soap Co's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0.364	/	5.618
	=	0.06

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.

Naples Soap Co Total Inventories Related Terms

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Naples Soap Co (Naples Soap Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Naples Soap Co Inc (OTCPK:NASO) » Definitions » Total Inventories

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Address

14601 Jetport Loop, Suite 180, Fort Myers, FL, USA, 33913

Website

https://www.naplessoap.com

Naples Soap Co Inc is a health and wellness brand that offers personal care products including soap, hair, face, and skincare products through its own brick and mortar retail stores and website, national and boutique re-sellers, and online marketplaces including Amazon and Faire.

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