SSCFF (SmartCool Systems) Change In Inventory: $-0.15 Mil (TTM As of Sep. 2019)

What is SmartCool Systems Change In Inventory?

SmartCool Systems SSCFF -98.33% 12 Change In Inventory is $-0.15 Mil as of Sep. 2019. GuruFocus rates SSCFF with a GF Score™ of 12/100.

SmartCool Systems's change in inventory for the quarter that ended in Sep. 2019 was $-0.00 Mil. It means SmartCool Systems's inventory increased by $0.00 Mil from Jun. 2019 to Sep. 2019 .

SmartCool Systems's change in inventory for the fiscal year that ended in Dec. 2017 was $-0.07 Mil. It means SmartCool Systems's inventory increased by $0.07 Mil from Dec. 2016 to Dec. 2017 .

SmartCool Systems's Total Inventories for the quarter that ended in Sep. 2019 was $0.26 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SmartCool Systems's Days Inventory for the quarter that ended in Sep. 2019 was 120.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. SmartCool Systems's Inventory Turnover for the quarter that ended in Sep. 2019 was 0.76.

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. SmartCool Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.48.

SmartCool Systems (OTCPK:SSCFF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.262	/	0.199	*	365 / 4
	=	120.14

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

SmartCool Systems's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.199	/	0.262
	=	0.76

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.

SmartCool Systems's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.262	/	0.55
	=	0.48

* 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.

SmartCool Systems Change In Inventory Related Terms

SmartCool Systems Change In Inventory Historical Data

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The historical data trend for SmartCool Systems's Change In Inventory can be seen below:

SmartCool Systems Change In Inventory Chart

SmartCool Systems Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

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Dec17

Change In Inventory

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0.09

0.20

-0.03

-0.06

-0.07

SmartCool Systems Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Mar19	Jun19	Sep19
Change In Inventory	Get a 7-Day Free Trial															-0.03	-0.03	-0.06	-0.09	-0.00

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SmartCool Systems 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.15 Mil.

Frequently Asked Questions Learn more about Change In Inventory →

What does a Change In Inventory of $-0.15 Mil mean?

SmartCool Systems (SSCFF) has a Change In Inventory of $-0.15 Mil as of Sep. 2019. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for SmartCool Systems and its competitors.

Is SmartCool Systems' Change In Inventory too high?

SmartCool Systems' current Change In Inventory is $-0.15 Mil. Overall, SmartCool Systems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does SmartCool Systems' Change In Inventory compare to HUBB?

SmartCool Systems' Change In Inventory of $-0.15 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?

A good Change In Inventory depends on the Industrial Products 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 SmartCool Systems and its competitors. SmartCool Systems's current Change In Inventory is $-0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SmartCool Systems stock overvalued right now?

SmartCool Systems (SSCFF) has a current Change In Inventory of $-0.15 Mil. The current Change In Inventory is $-0.15 Mil. SmartCool Systems' overall GF Score™ is 12/100. 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 SmartCool Systems (SSCFF), the current Change In Inventory is $-0.15 Mil as of Sep. 2019. 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.

SmartCool Systems Business Description

Industry Industrials Industrial Products

Comparable Companies TSXV:CTO XCNQ:ZAIR TSX:HMM.A TSXV:GBLT TSXV:ESU TSXV:EGT TSXV:BES TSXV:LPS TSX:EFL XCNQ:XRO SZSE:300750 XSWX:ABBN TSE:6503 TPE:3008 SHSE:603195 TSE:6506 SZSE:300124 SZSE:300014 SHSE:601877 HUBB

Address 12 - 1350 W. 14th Avenue, Vancouver, BC, CAN, V6H 1R1

Website https://www.smartcool.net

SmartCool Systems Inc is a clean technology company. The firm and its subsidiaries are focused on acquiring, commercializing, and marketing energy-saving technologies for commercial and retail businesses. The company has two principal revenue streams namely ESM and ECO3. The ESM is manufactured by a third party in Australia and is designed specifically to reduce the electricity consumption and demand for refrigeration and air conditioning compressors by improving their performance and maintaining temperature control. ECO3 is manufactured in China and is a retrofit product that can be installed on any air conditioning or refrigeration unit, achieving energy efficiency gains as the ESM for smaller systems. The firm generates most of its revenue from Europe, the Middle East, and Africa.

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