SCCI (Shimmick Construction Company) Days Inventory: 2.75 (As of Jun. 2015)

What is Shimmick Construction Company Days Inventory?

Shimmick Construction Company SCCI Days Inventory is 2.75 as of Jun. 2015.

Days Inventory is also known as Days Sales of Inventory (DSI). Shimmick Construction Company's Average Total Inventories for the six months ended in Jun. 2015 was $3.36 Mil. Shimmick Construction Company's Cost of Goods Sold for the six months ended in Jun. 2015 was $222.86 Mil. Hence, Shimmick Construction Company's Days Inventory for the six months ended in Jun. 2015 was 2.75.

The historical rank and industry rank for Shimmick Construction Company's Days Inventory or its related term are showing as below:

SCCI's Days Inventory is not ranked ^*
in the Construction industry.
Industry Median: 50.36
* Ranked among companies with meaningful Days Inventory only.

Shimmick Construction Company's Days Inventory declined from Jun. 2014 (5.71) to Jun. 2015 (2.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shimmick Construction Company's Inventory Turnover for the six months ended in Jun. 2015 was 66.35.

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. Shimmick Construction Company's Inventory-to-Revenue for the six months ended in Jun. 2015 was 0.01.

Shimmick Construction Company (NAS:SCCI) 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.

Shimmick Construction Company's Inventory Turnover for the six months ended in Jun. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	222.864	/	3.359
	=	66.35

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.

Shimmick Construction Company's Inventory to Revenue for the six months ended in Jun. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.359	/	241.995
	=	0.01

* 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.

Shimmick Construction Company Days Inventory Related Terms

Shimmick Construction Company Days Inventory Historical Data

* Premium members only.

The historical data trend for Shimmick Construction Company's Days Inventory can be seen below:

Shimmick Construction Company Days Inventory Chart

Shimmick Construction Company Annual Data

Trend

Dec13

Dec14

Days Inventory

4.67

4.32

Shimmick Construction Company Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15
Days Inventory	0.00	5.71	3.42	2.75

SCCI vs TSSI, SWMM, SFHI: Days Inventory Comparison

For the Engineering & Construction subindustry, Shimmick Construction Company'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.

Shimmick Construction Company Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Shimmick Construction Company's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shimmick Construction Company's Days Inventory falls into.

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Shimmick Construction Company Days Inventory Calculation

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

Shimmick Construction Company's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

	Days Inventory (A: Dec. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (3.585	+	3.353)	/	2 )	/	293.409	*	365
=	3.469					/	293.409	*	365
=	4.32

Shimmick Construction Company's Days Inventory for the quarter that ended in Jun. 2015 is calculated as:

	Days Inventory (Q: Jun. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2014 )	+	Total Inventories (Q: Jun. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2015 )	*	Days in Period
=	( (3.353	+	3.365)	/	2 )	/	222.864	*	365 / 2
=	3.359					/	222.864	*	365 / 2
=	2.75

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 2.75 mean?

Shimmick Construction Company (SCCI) has a Days Inventory of 2.75 as of Jun. 2015. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shimmick Construction Company and its competitors.

Is Shimmick Construction Company's Days Inventory too high?

Shimmick Construction Company's current Days Inventory is 2.75. The Construction industry median Days Inventory is 50.36. Shimmick Construction Company's value of 2.75 is 94.5% below this industry median.

How does Shimmick Construction Company's Days Inventory compare to TSSI and SWMM?

Shimmick Construction Company's Days Inventory of 2.75 can be compared against companies in the Construction industry. The industry median Days Inventory is 50.36. Shimmick Construction Company's value of 2.75 is 94.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Inventory for a Construction company?

The median Days Inventory among Construction companies is 50.36, based on 1,481 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shimmick Construction Company's current Days Inventory of 2.75 is 94.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Inventory mean?

A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shimmick Construction Company and its competitors. For the Construction industry, the median Days Inventory is 50.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shimmick Construction Company's current Days Inventory is 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Shimmick Construction Company stock overvalued right now?

Shimmick Construction Company (SCCI) has a current Days Inventory of 2.75. The current Days Inventory is 2.75 and 94.5% below the Construction industry median of 50.36. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Inventory calculated?

Days Inventory is calculated from a company's financial statements. For Shimmick Construction Company (SCCI), the current Days Inventory is 2.75 as of Jun. 2015. 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.

Shimmick Construction Company Business Description

Industry Industrials Construction

Comparable Companies TSSI SWMM SFHI VSR ETOLF ESOA ENG LYOPF BBHDF JBKHF RCMT LMB CUUHF GV IBIBF LAYN EMFGF LOUIF ORN WLDN

Website http://www.shimmick.com

Shimmick Construction Company Inc is a heavy civil construction company founded in 1990. The Company is engaged in construction activities in the western United States, with operations in California. The Company offers general construction, construction management, and design-build services to federal, state, and local public agencies and private customers in California and the Western United States. The Company operates in two segments including construction Projects and Construction Materials. The Construction Projects segment performs construction projects including new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, utilities and other infrastructure projects. The Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties. The Company's customers include Caltrans, City of San Francisco, Port of Long Beach, Port of Los Angeles, City of Los Angeles, LA MTA, BART, VTA, and the Metropolitan Water District of Southern California (MWD). The Company faces competition from competitors including Balfour Beatty plc, Barnard Construction Company, Inc., Dragados S.A., Flatiron Construction Corp., Fluor Corporation, Granite Construction Incorporated, Kiewit Corporation, Obayashi Corporation, Skanska AB, Traylor Bros., Inc., Tutor Perini Corporation, and Walsh Construction Co. The Company's business is subject to various federal, state and local laws and regulations relating to the environment, including those relating to discharges to air, water and land, the handling and disposal of solid and hazardous waste, the handling of underground storage tanks and the cleanup of properties affected by hazardous substances.