SVIN (Scheid Vineyards) Change In Inventory: $-0.06 Mil (TTM As of Aug. 2023)

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SVIN Scheid Vineyards Inc SVIN
12 GF Score
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What is Scheid Vineyards Change In Inventory?

Scheid Vineyards SVIN 12 Change In Inventory is $-0.06 Mil as of Aug. 2023. GuruFocus rates SVIN with a GF Score™ of 12/100.

Scheid Vineyards's change in inventory for the quarter that ended in Aug. 2023 was $-0.06 Mil. It means Scheid Vineyards's inventory increased by $0.06 Mil from Aug. 2022 to Aug. 2023 .

Scheid Vineyards's change in inventory for the fiscal year that ended in Feb. 2020 was $-2.05 Mil. It means Scheid Vineyards's inventory increased by $2.05 Mil from Feb. 2019 to Feb. 2020 .

Scheid Vineyards's Total Inventories for the quarter that ended in Aug. 2023 was $65.86 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Scheid Vineyards's Days Inventory for the quarter that ended in Aug. 2023 was 271.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scheid Vineyards's Inventory Turnover for the quarter that ended in Aug. 2023 was 0.67.

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. Scheid Vineyards's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 1.19.


Scheid Vineyards  (OTCPK:SVIN) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=32.929/22.121*365 / 2
=271.67

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

Scheid Vineyards's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

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.

Scheid Vineyards's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

* 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.


Scheid Vineyards Change In Inventory Related Terms


Scheid Vineyards Change In Inventory Historical Data

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The historical data trend for Scheid Vineyards'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.

Scheid Vineyards Change In Inventory Chart

Scheid Vineyards Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.48 -1.15 -9.92 -2.73 -2.05

Scheid Vineyards Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Feb15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Aug22 Aug23
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 -6.95 4.90 -6.13 -2.76 -0.06
SVIN
12GF Score
Scheid Vineyards Inc SVIN
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Scheid Vineyards 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.06 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 $-0.06 Mil mean?
Scheid Vineyards (SVIN) has a Change In Inventory of $-0.06 Mil as of Aug. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Scheid Vineyards and its competitors.
Is Scheid Vineyards' Change In Inventory too high?
Scheid Vineyards' current Change In Inventory is $-0.06 Mil. Overall, Scheid Vineyards has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Scheid Vineyards' Change In Inventory compare to LQR and EAST?
Scheid Vineyards' Change In Inventory of $-0.06 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Change In Inventory depends on the Beverages - Alcoholic 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 Scheid Vineyards and its competitors. Scheid Vineyards's current Change In Inventory is $-0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scheid Vineyards stock overvalued right now?
Scheid Vineyards (SVIN) has a current Change In Inventory of $-0.06 Mil. The current Change In Inventory is $-0.06 Mil. Scheid Vineyards' 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 Scheid Vineyards (SVIN), the current Change In Inventory is $-0.06 Mil as of Aug. 2023. 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.

Scheid Vineyards Business Description

Address 305 Hilltown Road, Salinas, CA, USA, 93908
Scheid Vineyards Inc is engaged in the production of premium varietal wine grapes and wine, the operation of a custom crush winery facility, and the sale of bottled wine through wholesalers and directly to consumers. The Company operates premium wine grape vineyards in Monterey County, California. Its segments are Finished Goods Sales, which generate maximum revenue and consist of wholesale transactions of finished packaged wine products sold mainly through distributors; Production Sales, which consist of bulk wine and grape sales and winery custom crush and storage services; and Direct Sales, which represent transactions directly to consumers, including tasting room, wine club and online sales.
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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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