Superior Group Of (Superior Group Of) Total Inventories : $98.1 Mil (As of Dec. 2023)

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What is Superior Group Of Total Inventories?

Superior Group Of's total inventories for the quarter that ended in Dec. 2023 was $98.1 Mil. Superior Group Of's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $101.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Superior Group Of's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-4.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Superior Group Of's Days Inventory for the three months ended in Dec. 2023 was 101.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Superior Group Of's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.90.

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. Superior Group Of's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.69.

Superior Group Of Total Inventories Historical Data

The historical data trend for Superior Group Of'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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Superior Group Of Total Inventories Chart

Superior Group Of Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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73.38

89.77

120.56

124.98

98.07

Superior Group Of Quarterly Data
	Mar19	Jun19	Sep19	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															124.98	122.21	114.42	105.13	98.07

Superior Group Of 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.

Superior Group Of (NAS:SGC) 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.

Superior Group Of'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)
=	(19.896	+	0.75 * 103.494	+	0.5 * 98.067	-	224.812
-	0	-	0)	/	16.5647
=	-4.72

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

Superior Group Of'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
	=	101.6005	/	91.596	*	365 / 4
	=	101.22

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

Superior Group Of'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 )
	=	91.596	/	101.6005
	=	0.90

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.

Superior Group Of'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 )
	=	101.6005	/	147.241
	=	0.69

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.

Superior Group Of Total Inventories Related Terms

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Superior Group Of (Superior Group Of) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Superior Group Of Companies Inc (NAS:SGC) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

6G6:Germany

Address

10055 Seminole Boulevard, Seminole, FL, USA, 33772

Website

https://www.superiorgroupofcompanies.com

Superior Group Of Companies Inc designs apparel products. The company's operating segment includes Branded Products; Healthcare Apparel and Contact Centers. It generates maximum revenue from the Branded Products segment. The Branded Products segment produce and sell customized merchandising solutions, promotional products and branded uniform programs to customers.

Executives

Michael Koempel	officer: CFO	10055 SEMINOLE BLVD, SEMINOLE FL 33777
Michael Benstock	director, officer: Chief Executive Officer	C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
Todd E Siegel	director	2003 GANDY BLVD. NORTH, SUITE 800, ST. PETERSBURG FL 33702
Catherine Beldotti Donlan	officer: President, SUG Healthcare	10055 SEMINOLE BLVD, SEMINOLE FL 33777
Paul V Mellini	director	SUPERIOR UNIFORM GROUP, INC., 10055 SEMINOLE BLVD., SEMINOLE FL 33772
Sidney Kirschner	director	C/O SUPERIOR UNIFORM GROUP INC, PO BOX 4002, SEMINOLE FL 33775
Jake Himelstein	officer: President, BAMKO, LLC	10055 SEMINOLE BLVD, SEMINOLE FL 33777
Robin Hensley	director	C/O SUPERIOR UNIFORM GROUP INC, PO BOX 4002, SEMINOLE FL 33775
Philip Koosed	other: President of BAMKO, LLC	10055 SEMINOLE BLVD., SEMINOLE X1 33772
Venita Elaine Fields	director	10055 SEMINOLE BLVD., SEMINOLE FL 33772
Jordan M. Alpert	officer: Secretary & General Counsel	SUPERIOR UNIFORM GROUP, INC., 10055 SEMINOLE BLVD., SEMINOLE FL 33772
Michael Attinella	officer: CFO & Treasurer	C/O SUPERIOR GROUP OF COMPANIES, INC., 10055 SEMINOLE BLVE, SEMINOLE FL 33772
Demott Andrew D Jr	officer: Senior V.P., CFO	C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
Gerald M Benstock	director, 10 percent owner, officer: Chairman of the Board	SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
Dominic Leide	V.P. Admin & Customer Support, other: President of The Office Gurus	SUPERIOR UNIFORM GROUP, INC., 10055 SEMINOLE BLVD., SEMINOLE FL 33772