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SofTech (SofTech) Total Inventories : $0.00 Mil (As of Nov. 2016)


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What is SofTech Total Inventories?

SofTech's total inventories for the quarter that ended in Nov. 2016 was $0.00 Mil. SofTech's average total inventories from the quarter that ended in Aug. 2016 to the quarter that ended in Nov. 2016 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. SofTech's Net-Net Working Capital per share for the quarter that ended in Nov. 2016 was $-0.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SofTech's Days Inventory for the three months ended in Nov. 2016 was 0.00.

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

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. SofTech's Inventory-to-Revenue for the quarter that ended in Nov. 2016 was 0.00.


SofTech Total Inventories Historical Data

The historical data trend for SofTech'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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SofTech Total Inventories Chart

SofTech Annual Data
Trend May06 May07 May08 May09 May11 May12 May13 May14 May15 May16
Total Inventories
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SofTech Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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SofTech 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.


SofTech  (OTCPK:SOFT) 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.

SofTech's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2016 is

Net-Net Working Capital Per Share (Q: Nov. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.345+0.75 * 0.368+0.5 * 0-1.274
-0-0)/0.75372
=-0.87

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

SofTech's Days Inventory for the three months ended in Nov. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2016 )/Cost of Goods Sold (Q: Nov. 2016 )*Days in Period
=0/0.235*365 / 4
=0.00

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

SofTech's Inventory Turnover for the quarter that ended in Nov. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2016 ) / Average Total Inventories (Q: Nov. 2016 )
=0.235 / 0
=N/A

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.

SofTech's Inventory to Revenue for the quarter that ended in Nov. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2016 ) / Revenue (Q: Nov. 2016 )
=0 / 0.637
=0.00

* 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.


SofTech Total Inventories Related Terms

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SofTech (SofTech) Business Description

Traded in Other Exchanges
N/A
Address
650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854
SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper director

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