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Civitas Solutions's total inventories for the quarter that ended in Dec. 2018 was $0 Mil. Civitas Solutions's average total inventories from the quarter that ended in Sep. 2018 to the quarter that ended in Dec. 2018 was $0 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Civitas Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-21.77.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Civitas Solutions's Days Inventory for the three months ended in Dec. 2018 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. Civitas Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.00.
The historical data trend for Civitas Solutions'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.
Civitas Solutions Annual Data | |||||||||||||||||
Trend | Sep11 | Sep12 | Sep13 | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | |||||||||
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
Civitas Solutions Quarterly Data | ||||||||||||||||||||
Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | |
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
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.
Civitas Solutions (NYSE:CIVI) 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.
Civitas Solutions's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 is
Net-Net Working Capital Per Share (Q: Dec. 2018 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (6.805 | + | 0.75 * 173.38 | + | 0.5 * 0 | - | 926.657 |
- | 0 | - | 0) | / | 36.2805 | ||
= | -21.77 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Civitas Solutions's Days Inventory for the three months ended in Dec. 2018 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Dec. 2018 ) | / | Cost of Goods Sold (Q: Dec. 2018 ) | * | Days in Period |
= | 0 | / | 322.352 | * | 365 / 4 | |
= | 0.00 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Civitas Solutions's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Dec. 2018 ) | / | Average Total Inventories (Q: Dec. 2018 ) |
= | 322.352 | / | 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.
Civitas Solutions's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Dec. 2018 ) | / | Revenue (Q: Dec. 2018 ) |
= | 0 | / | 406.631 | |
= | 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.
Thank you for viewing the detailed overview of Civitas Solutions's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Daniel S Oconnell | 10 percent owner | C/O VESTAR CAPITAL PARTNERS, 245 PARK AVE 41ST FL, NEW YORK NY 10167 |
Vestar Managers V Ltd. | 10 percent owner | 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167 |
Vestar Associates V, L.p. | 10 percent owner | 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167 |
Greg Roth | director | ONE PARK PLAZA, NASHVILLE TN 37203 |
Pamela F Lenehan | director | C/O AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876 |
Patrick M. Gray | director | C/O CIVITAS SOLUTIONS, INC. 313 CONGRESS STREET, 6TH FLOOR BOSTON MA 02210 |
Guy P Sansone | director | C/O MEDNAX, 1301 CONCORD TERRACE, SUNRISE FL 33323 |
Mary Ann Tocio | director | C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459 |
Vestar Capital Partners V L P | 10 percent owner | 245 PARK AVE 41ST FL, NEW YORK NY 10167 |
Robert L. Rosner | director | C/O TRITON INTERNATIONAL LIMITED, 100 MANHATTANVILLE ROAD, PURCHASE NY 10577 |
Edward M Murphy | director, officer: Executive Chair | C/O CIVITAS SOLUTIONS, INC. 313 CONGRESS STREET, 6TH FLOOR BOSTON MA 02210 |
Kevin A Mundt | director | C/O VESTAR CAPITAL PARTNERS, 245 PARK AVENUE, 41ST FL, NEW YORK NY 10167 |
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