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Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Days Inventory : 4.22 (As of Sep. 2016)


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What is Southern Concepts Restaurant Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Southern Concepts Restaurant Group's Average Total Inventories for the three months ended in Sep. 2016 was $0.09 Mil. Southern Concepts Restaurant Group's Cost of Goods Sold for the three months ended in Sep. 2016 was $1.84 Mil. Hence, Southern Concepts Restaurant Group's Days Inventory for the three months ended in Sep. 2016 was 4.22.

The historical rank and industry rank for Southern Concepts Restaurant Group's Days Inventory or its related term are showing as below:

RIBS's Days Inventory is not ranked *
in the Restaurants industry.
Industry Median: 15.59
* Ranked among companies with meaningful Days Inventory only.

Southern Concepts Restaurant Group's Days Inventory declined from Sep. 2015 (4.66) to Sep. 2016 (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 three months 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 three months ended in Sep. 2016 was 0.05.


Southern Concepts Restaurant Group Days Inventory Historical Data

The historical data trend for Southern Concepts Restaurant Group's Days 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.

* Premium members only.

Southern Concepts Restaurant Group Days Inventory Chart

Southern Concepts Restaurant Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Inventory
Get a 7-Day Free Trial - - 5.03 3.19 4.19

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
Days 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 4.66 4.28 4.29 4.02 4.22

Competitive Comparison of Southern Concepts Restaurant Group's Days Inventory

For the Restaurants subindustry, Southern Concepts Restaurant Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southern Concepts Restaurant Group's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Southern Concepts Restaurant Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Southern Concepts Restaurant Group's Days Inventory falls into.



Southern Concepts Restaurant Group Days Inventory Calculation

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 fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (0.064 + 0.091) / 2 ) / 6.754*365
=0.0775 / 6.754*365
=4.19

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

Days Inventory (Q: Sep. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2016 ) + Total Inventories (Q: Sep. 2016 )) / count ) / Cost of Goods Sold (Q: Sep. 2016 )*Days in Period
=( (0.088 + 0.082) / 2 ) / 1.839*365 / 4
=0.085 / 1.839*365 / 4
=4.22

* 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.


Southern Concepts Restaurant Group  (OTCPK:RIBS) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

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

2. 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 three months ended in Sep. 2016 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Southern Concepts Restaurant Group Days Inventory Related Terms

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

Traded in Other Exchanges
N/A
Address
3001 PGA Boulevard, Suite 305, Palm Beach Gardens, FL, USA, 33410
Southern Concepts Restaurant Group Inc is a Shell company.
Executives
Kenneth A Cutshaw director C/O CRAWFORD & COMPANY, 1001 SUMMIT BLVD, ATLANTA GA 30319

Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Headlines

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