Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Change In Inventory : $0.00 Mil (TTM As of Sep. 2016)

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What is Southern Concepts Restaurant Group Change In Inventory?

Southern Concepts Restaurant Group's change in inventory for the quarter that ended in Sep. 2016 was $0.00 Mil. It means Southern Concepts Restaurant Group's inventory stayed the same from Jun. 2016 to Sep. 2016 .

Southern Concepts Restaurant Group's change in inventory for the fiscal year that ended in Dec. 2015 was $-0.03 Mil. It means Southern Concepts Restaurant Group's inventory increased by $0.03 Mil from Dec. 2014 to Dec. 2015 .

Southern Concepts Restaurant Group's Total Inventories for the quarter that ended in Sep. 2016 was $0.08 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Southern Concepts Restaurant Group's Days Inventory for the quarter that ended in Sep. 2016 was 4.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Southern Concepts Restaurant Group's Inventory Turnover for the quarter that ended in Sep. 2016 was 21.64.

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. Southern Concepts Restaurant Group's Inventory-to-Revenue for the quarter that ended in Sep. 2016 was 0.05.

Southern Concepts Restaurant Group Change In Inventory Historical Data

The historical data trend for Southern Concepts Restaurant Group'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.

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Southern Concepts Restaurant Group Change In Inventory Chart

Southern Concepts Restaurant Group Annual Data

Trend

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Dec15

Change In Inventory

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-0.03

Southern Concepts Restaurant Group Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Southern Concepts Restaurant Group 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 Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Southern Concepts Restaurant Group (OTCPK:RIBS) Change In Inventory Explanation

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

Southern Concepts Restaurant Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.085	/	1.839	*	365 / 4
	=	4.22

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

Southern Concepts Restaurant Group's Inventory Turnover for the quarter that ended in Sep. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.839	/	0.085
	=	21.64

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.

Southern Concepts Restaurant Group's Inventory to Revenue for the quarter that ended in Sep. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.085	/	1.709
	=	0.05

Southern Concepts Restaurant Group Change In Inventory Related Terms

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Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Southern Concepts Restaurant Group Inc (OTCPK:RIBS) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3001 PGA Boulevard, Suite 305, Palm Beach Gardens, FL, USA, 33410

Website

http://www.southernconcepts.com

Southern Concepts Restaurant Group Inc is a Shell company.

Executives

Kenneth A Cutshaw

director

C/O CRAWFORD & COMPANY, 1001 SUMMIT BLVD, ATLANTA GA 30319

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