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Nuzee (NUZE) Total Inventories : $1.21 Mil (As of Mar. 2024)


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What is Nuzee Total Inventories?

Nuzee's total inventories for the quarter that ended in Mar. 2024 was $1.21 Mil. Nuzee's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $1.23 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nuzee's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-2.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nuzee's Days Inventory for the three months ended in Mar. 2024 was 149.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nuzee's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.61.

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. Nuzee's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.03.


Nuzee Total Inventories Historical Data

The historical data trend for Nuzee'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.

Nuzee Total Inventories Chart

Nuzee Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.25 0.57 0.95 1.00

Nuzee Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.23 1.28 1.00 1.25 1.21

Nuzee 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.


Nuzee  (NAS:NUZE) 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.

Nuzee's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0.398+0.5 * 1.208-3.792
-0-0)/1.29841
=-2.23

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

Nuzee's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1.231/0.752*365 / 4
=149.37

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

Nuzee's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=0.752 / 1.231
=0.61

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.

Nuzee's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1.231 / 0.606
=2.03

* 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.


Nuzee Total Inventories Related Terms

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Nuzee (NUZE) Business Description

Traded in Other Exchanges
Address
1350 East Alpha Road, Suite No 230, Richardson, TX, USA, 75074
Nuzee Inc is a coffee and technologies company. The company is a co-packer of single-serve pour-over coffee, coffee brew bags and Dripkits. The company's brand portfolio includes Coffee Blenders, Twin Peaks, Active Cup, Relax Cup, Think Cup, Nude Cup, Pine Ranch Coffee, and Dripkit. Its geographical segments are North America, which accounts for the majority of revenue; and South Korea.
Executives
Masateru Higashida director, 10 percent owner, officer: See Remarks 10815 RANCHO BERNARDO ROAD, SUITE 250, SAN DIEGO CA 92127
Randell Weaver officer: Chief Financial Officer
Shana Bowman officer: See Remarks 1350 EAST ARAPAHO ROAD, SUITE 230, RICHARDSON TX 75081
Marie Franklin officer: See Remarks 1350 E. ARAPAHO ROAD, SUITE 230, RICHARDSON TX 75081
Patrick J Shearer officer: Chief Financial Officer 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Jose L Ramirez officer: See Remarks 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Tomoko Toyota officer: Chief Marketing Officer 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Tracy Ging director 555 SW 7TH STREET #10, DES MOINES IA 50309
David Robson director FARMER BROS.CO., 1912 FARMER BROTHERS DR, NORTHLAKE TX 76262
Nobuki Kurita director TOYOSU 3-4-1-4306, KOTO-KU, TOKYO M0 135-0061
Shanoop Kothari officer: SVP and CFO 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Kevin J Conner director 110 SOUTH STATE STREET, SUITE 200, NEWTOWN PA 18940
James Chris Jones director 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Allen S. Morton director 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Travis Gorney officer: President 2865 SCOTT STREET, SUITE 101, VISTA CA 92081