Upexi (UPXI) Total Inventories : $14.66 Mil (As of Dec. 2023)

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What is Upexi Total Inventories?

Upexi's total inventories for the quarter that ended in Dec. 2023 was $14.66 Mil. Upexi's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $14.23 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Upexi's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Upexi's Days Inventory for the three months ended in Dec. 2023 was 95.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Upexi's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.95.

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. Upexi's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.65.

Upexi Total Inventories Historical Data

The historical data trend for Upexi'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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Upexi Total Inventories Chart

Upexi Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Total Inventories

1.14

1.45

2.10

4.73

11.56

Upexi Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial													6.78	10.14	11.56	13.79	14.66

Upexi 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.

Upexi (NAS:UPXI) 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.

Upexi's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.844	+	0.75 * 5.377	+	0.5 * 14.664	-	36.698
-	0.001	-	0)	/	20.3978
=	-1.15

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

Upexi's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	14.225	/	13.557	*	365 / 4
	=	95.75

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

Upexi's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	13.557	/	14.225
	=	0.95

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.

Upexi's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	14.225	/	21.828
	=	0.65

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.

Upexi Total Inventories Related Terms

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Upexi (UPXI) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

7TQ:Germany

Address

3030 North Rocky Point Drive, Tampa, FL, USA, 33607

Website

https://www.upexi.com

Upexi Inc is an innovator in aggregation, accelerating Amazon and eCommerce businesses by combining consumer data and vertical integration to scale brands in multiple industries, while lowering costs with a growing distribution network.

Executives

Allan Marshall	director, 10 percent owner, officer: CEO	18302 HIGHWOODS PRESERVE PARKWAY, SUITE 100, TAMPA FL 33647
Lawrence Dugan	director	274 GOLFVIEW DRIVE, TEQUESTA FL 33469
Anthony P. Bazan	officer: Chief Operations Officer	13246 WATER GAP RD., WILLIAMS OR 97544
Gene Salkind	director, 10 percent owner	1165 WRACK ROAD, MEADOWBROOK PA 19046
Thomas Charles Williams	director	150 TROTTERS RIDGE, FAYETTEVILLE GA 30215
Andrew James Norstrud	officer: CFO	15837 TRACKSIDE DRIVE, ODESSA FL 33556
Robert Hackett	director, 10 percent owner, officer: President	320 FALCON FIRE AVE, LAS VEGAS NV 89148