SmileDirectClub (SmileDirectClub) Change In Inventory : $6.8 Mil (TTM As of Jun. 2023)

View and export this data going back to 2019. Start your Free Trial

What is SmileDirectClub Change In Inventory?

SmileDirectClub's change in inventory for the quarter that ended in Jun. 2023 was $4.5 Mil. It means SmileDirectClub's inventory declined by $4.5 Mil from Mar. 2023 to Jun. 2023 .

SmileDirectClub's change in inventory for the fiscal year that ended in Dec. 2022 was $-4.2 Mil. It means SmileDirectClub's inventory increased by $4.2 Mil from Dec. 2021 to Dec. 2022 .

SmileDirectClub's Total Inventories for the quarter that ended in Jun. 2023 was $35.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SmileDirectClub's Days Inventory for the quarter that ended in Jun. 2023 was 119.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. SmileDirectClub's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.76.

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. SmileDirectClub's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.37.

SmileDirectClub Change In Inventory Historical Data

The historical data trend for SmileDirectClub's Change In Inventory 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.

SmileDirectClub Change In Inventory Chart

SmileDirectClub Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

Get a 7-Day Free Trial

-6.06

-9.65

-11.60

-11.78

-4.23

SmileDirectClub Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Change In Inventory	Get a 7-Day Free Trial															-4.09	-1.13	-0.79	4.29	4.47

SmileDirectClub Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.8 Mil.

SmileDirectClub (OTCPK:SDCCQ) Change In Inventory Explanation

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

SmileDirectClub's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	37.794	/	28.884	*	365 / 4
	=	119.40

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

SmileDirectClub's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28.884	/	37.794
	=	0.76

3. 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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	37.794	/	101.798
	=	0.37

SmileDirectClub Change In Inventory Related Terms

Thank you for viewing the detailed overview of SmileDirectClub's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

SmileDirectClub (SmileDirectClub) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » SmileDirectClub Inc (OTCPK:SDCCQ) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

414 Union Street, Nashville, TN, USA, 37219

Website

https://www.smiledirectclub.com

SmileDirectClub Inc is engaged in the orthodontics business. It is mainly involved in the sale of aligners, impression kits, whitening gel, and retainers. The company has one operating segment, aligner products.

Executives

Richard F Wallman	director	HONEYWELL, 101 COLUMBIA ROAD, MORRISTOWN NJ 07962
Susan Greenspon Rammelt	director, officer: General Counsel, Sec. and Dir.	C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Alexander Dimitrief	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Linda Marie Williams	director	C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Cd&r Investment Associates X, Ltd.	10 percent owner	CLAYTON, DUBILIER & RICE, LLC, 375 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10152
Kay Oswald	officer: President of International	C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Ward Edward W Iii	director	SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Steven B. Katzman	director, officer: COO and Director	C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
David B Katzman	director, officer: CEO and Chairman	100 GALLERIA OFFICECENTRE, SUITE 419, SOUTHFIELD MI 48034
Jordan M. Katzman	director	C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Kyle Wailes	officer: Chief Financial Officer	C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Troy W. Crawford	officer: Chief Accounting Officer	C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Carol Hamilton	director	C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
William H. Frist	director	600 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Cd&r Sdc Holdings, L.p.	10 percent owner	MAPLES CORP SERVICES LTD, P.O. BOX 309, UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104