SRNN (Southern Banc Co) Change In Inventory : $0.00 Mil (TTM As of Mar. 2024)

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What is Southern Banc Co Change In Inventory?

Southern Banc Co's change in inventory for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Southern Banc Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Southern Banc Co's change in inventory for the fiscal year that ended in Jun. 2023 was $0.00 Mil. It means Southern Banc Co's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Southern Banc Co's Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

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

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. Southern Banc Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Southern Banc Co Change In Inventory Historical Data

The historical data trend for Southern Banc Co'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 Banc Co Change In Inventory Chart

Southern Banc Co Annual Data

Trend

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Change In Inventory

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Southern Banc Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Southern Banc Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Southern Banc Co (OTCPK:SRNN) Change In Inventory Explanation

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

Southern Banc Co'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	/	0	*	365 / 4
	=	N/A

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

Southern Banc Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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 Banc Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2.059
	=	0.00

Southern Banc Co Change In Inventory Related Terms

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Southern Banc Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern Banc Co Inc (OTCPK:SRNN) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

221 South 6th Street, Gadsden, AL, USA, 35901

Website

https://www.sobanco.com

Southern Banc Co Inc provides personal and business banking solutions. It offers banking solutions for every personal banking need including Personal Checking, Mortgage Loans, Consumer Loans, and Home Equity Lines of Credit. The principal business of the Bank consists of accepting deposits from the general public through the Bank's main and branch offices and investing those funds in loans secured by real estate properties, commercial and consumer loans located in the Bank's primary market area, and factoring. The company serves small and medium-sized business customers the United States.

Executives

Fred Taylor	director
Little James B Iii	director
Craig G Cantrell	director
Dowling Thomas F Iii	director
Little James B Jr	director, officer: Vice President
Gates Little	director, officer: President