ClubCorp Holdings (ClubCorp Holdings) Total Inventories : $26 Mil (As of Jun. 2017)

View and export this data going back to 2013. Start your Free Trial

What is ClubCorp Holdings Total Inventories?

ClubCorp Holdings's total inventories for the quarter that ended in Jun. 2017 was $26 Mil. ClubCorp Holdings's average total inventories from the quarter that ended in Mar. 2017 to the quarter that ended in Jun. 2017 was $26 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ClubCorp Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $-29.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ClubCorp Holdings's Days Inventory for the three months ended in Jun. 2017 was 11.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. ClubCorp Holdings's Inventory Turnover for the quarter that ended in Jun. 2017 was 7.81.

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. ClubCorp Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 0.09.

ClubCorp Holdings Total Inventories Historical Data

The historical data trend for ClubCorp Holdings'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.

ClubCorp Holdings Total Inventories Chart

ClubCorp Holdings Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Inventories

Get a 7-Day Free Trial

14.36

15.82

20.93

22.74

ClubCorp Holdings Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Total Inventories	Get a 7-Day Free Trial															25.35	24.16	22.74	25.44	26.39

ClubCorp Holdings 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.

ClubCorp Holdings (NYSE:MYCC) 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.

ClubCorp Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 is

	Net-Net Working Capital Per Share (Q: Jun. 2017 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(52.02	+	0.75 * 0	+	0.5 * 26.388	-	2012.344
-	0	-	9.783)	/	65.7176
=	-29.78

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

ClubCorp Holdings's Days Inventory for the three months ended in Jun. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2017 )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
	=	25.9125	/	202.433	*	365 / 4
	=	11.68

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

ClubCorp Holdings's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2017 )	/	Average Total Inventories (Q: Jun. 2017 )
	=	202.433	/	25.9125
	=	7.81

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.

ClubCorp Holdings's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2017 )	/	Revenue (Q: Jun. 2017 )
	=	25.9125	/	276.353
	=	0.09

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.

ClubCorp Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of ClubCorp Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

ClubCorp Holdings (ClubCorp Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ClubCorp Holdings Inc (NYSE:MYCC) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.clubcorp.com

ClubCorp Holdings Inc is a membership-based leisure business and a leading owner-operator of private golf and country clubs and business, sports and alumni clubs in North America. Its operations are organized into two principal business segments, Golf and Country Clubs and Business, Sports and Alumni clubs. The golf and country clubs segment accounts for the majority of the total club revenue. The golf and country club segment includes a broad variety of clubs designed to appeal to a diverse group of individuals and families who lead an active lifestyle and seek a nearby outlet for golf, tennis, swimming and other activities.

Executives

Douglas H Brooks	director
Jeff Lamb	director	C/O SOUTHWEST AIRLINES CO., 2702 LOVE FIELD DRIVE, DALLAS TX 75235
William E Sullivan	director	JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Emanuel R Pearlman	director	250 EAST 79TH STREET, NEW YORK NY 10075
John A Beckert	director	C/O A. H. BELO CORPORATION, P.O. BOX 224866, DALLAS TX 75222-4866
Eric Affeldt	director, officer: CEO	ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Louis J. Grabowsky	director	6605 ABERDEEN, DALLAS TX 75230
Michael S Shannon	director	C/O KSL CAPITAL PARTNERS, 100 FILLMORE STREET, SUITE 600, DENVER CO 80206
Eric Charles Resnick	director	100 FILLMORE STREET, SUITE 600, DENVER CO 80206
Martin J Newburger	director	100 FILLMORE STREET, SUITE 600, DENVER CO 80206

ClubCorp Holdings (ClubCorp Holdings) Headlines

No Headlines