SIMPQ (Simply) Change In Inventory: $-1.69 Mil (TTM As of Jan. 2022)


SIMPQ Simply Inc SIMPQ
16 GF Score
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What is Simply Change In Inventory?

Simply SIMPQ 16 Change In Inventory is $-1.69 Mil as of Jan. 2022. GuruFocus rates SIMPQ with a GF Score™ of 16/100.

Simply's change in inventory for the quarter that ended in Jan. 2022 was $-0.04 Mil. It means Simply's inventory increased by $0.04 Mil from Oct. 2021 to Jan. 2022 .

Simply's change in inventory for the fiscal year that ended in Jan. 2022 was $-1.69 Mil. It means Simply's inventory increased by $1.69 Mil from Jan. 2021 to Jan. 2022 .

Simply's Total Inventories for the quarter that ended in Jan. 2022 was $8.09 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Simply's Days Inventory for the quarter that ended in Jan. 2022 was 40.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Simply's Inventory Turnover for the quarter that ended in Jan. 2022 was 2.27.

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. Simply's Inventory-to-Revenue for the quarter that ended in Jan. 2022 was 0.36.

Simply  (OTCPK:SIMPQ) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=8.0795/18.347*365 / 4
=40.18

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

Simply's Inventory Turnover for the quarter that ended in Jan. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=18.347 / 8.0795
=2.27

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.

Simply's Inventory to Revenue for the quarter that ended in Jan. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=8.0795 / 22.485
=0.36

* 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.

Simply Change In Inventory Related Terms

Simply Change In Inventory Historical Data

* Premium members only.

The historical data trend for Simply'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.

Simply Change In Inventory Chart

Simply Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jan21 Jan22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 -0.82 2.24 0.41 -1.69

Simply Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
Change In Inventory 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 -0.97 1.29 -1.47 -1.47 -0.04
SIMPQ
16GF Score
Simply Inc SIMPQ
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Simply 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 Jan. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.69 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-1.69 Mil mean?
Simply (SIMPQ) has a Change In Inventory of $-1.69 Mil as of Jan. 2022. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Simply and its competitors.
Is Simply's Change In Inventory too high?
Simply's current Change In Inventory is $-1.69 Mil. Overall, Simply has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Simply's Change In Inventory compare to HGGGQ and ORLY?
Simply's Change In Inventory of $-1.69 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Retail - Cyclical company?
A good Change In Inventory depends on the Retail - Cyclical industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Simply and its competitors. Simply's current Change In Inventory is $-1.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simply stock overvalued right now?
Simply (SIMPQ) has a current Change In Inventory of $-1.69 Mil. The current Change In Inventory is $-1.69 Mil. Simply's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Simply (SIMPQ), the current Change In Inventory is $-1.69 Mil as of Jan. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Simply Business Description

Address 10801 NW 97th Street, Suite 09, Miami, FL, USA, 33178
Simply Inc through its subsidiary, operates a chain of retail electronics stores and is an authorized reseller of Apple products and other high-profile consumer electronic brands. It operates business in a single segment in the United States through its Simply Mac retail stores.
16GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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