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FG Group Holdings (FG Group Holdings) Total Inventories : $3.60 Mil (As of Sep. 2023)


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What is FG Group Holdings Total Inventories?

FG Group Holdings's total inventories for the quarter that ended in Sep. 2023 was $3.60 Mil. FG Group Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $3.36 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. FG Group Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-1.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FG Group Holdings's Days Inventory for the three months ended in Sep. 2023 was 38.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. FG Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.38.

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. FG Group Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.30.


FG Group Holdings Total Inventories Historical Data

The historical data trend for FG Group 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.

FG Group Holdings Total Inventories Chart

FG Group Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.49 2.33 2.26 3.27 3.39

FG Group Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.67 3.39 3.66 3.13 3.60

FG Group 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.


FG Group Holdings  (AMEX:FGH) 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.

FG Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.472+0.75 * 7.453+0.5 * 3.597-29.198
-0-2.117)/19.683
=-1.04

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

FG Group Holdings's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=3.361/7.988*365 / 4
=38.39

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

FG Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=7.988 / 3.361
=2.38

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.

FG Group Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=3.361 / 11.094
=0.30

* 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.


FG Group Holdings Total Inventories Related Terms

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FG Group Holdings (FG Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5960 Fairview Road, Suite 275, Charlotte, NC, USA, 28210
FG Group Holdings Inc is a holding company with business operations in the entertainment industry and holdings in public and privately held companies. It manufactures and distributes projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums, and other entertainment-related markets. It also distributes and supports third-party products, including digital projectors, servers, library management systems, menu boards, and sound systems. It generates majority revenue from Strong Entertainment business segment.
Executives
Fundamental Global Gp, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Ballantyne Strong Holdings, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Joseph H Moglia 10 percent owner AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Kyle Cerminara director, 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Michael C Mitchell director C/O BALLANTYNE STRONG, INC., 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Swets Larry G Jr director 105 S. MAPLE ST., ITASCA IL 60143
Fundamental Global Investors, Llc director, 10 percent owner 136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117
Todd Robert Major officer: CFO, Sec. & Treas. 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Lewis M Johnson director, 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Mark D. Roberson officer: CFO 27271 LAS RAMBLAS, STE. 200, MISSION VIEJO CA 92691
Jack H Jacobs director 101 OAKS ROAD, MILLINGTON NJ 07946
Stephen L. Schilling officer: President, CMS C/O BALLANTYNE STRONG, INC., 13710 FNB PARKWAY, SUITE 400, OMAHA NE 68154
Lance V. Schulz officer: CFO C/O BALLANTYNE STRONG, INC., 11422 MIRACLE HILLS DRIVE, SUITE 300, OMAHA NE 68154
Robert J Roschman director 1759 SE 10TH STREET, FORT LAUDERDALE FL 33316
Ryan M. Burke officer: SVP & CFO C/O BALLANTYNE STRONG, INC., 13710 FNB PARKWAY, SUITE 400, OMAHA NE 68154