SCOO (School Specialty) Inventory Turnover: 0.80 (As of Dec. 2019)

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SCOO School Specialty Inc SCOO
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What is School Specialty Inventory Turnover?

School Specialty SCOO 12 Inventory Turnover is 0.80 as of Dec. 2019. GuruFocus rates SCOO with a GF Score™ of 12/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. School Specialty's Cost of Goods Sold for the three months ended in Dec. 2019 was $61.5 Mil. School Specialty's Average Total Inventories for the quarter that ended in Dec. 2019 was $76.7 Mil. School Specialty's Inventory Turnover for the quarter that ended in Dec. 2019 was 0.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. School Specialty's Days Inventory for the three months ended in Dec. 2019 was 113.86.

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. School Specialty's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 0.84.

School Specialty  (OTCPK:SCOO) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

School Specialty's Days Inventory for the three months ended in Dec. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2019 )/Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=76.699/61.47*365 / 4
=113.86

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.

School Specialty's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2019 ) / Revenue (Q: Dec. 2019 )
=76.699 / 91.02
=0.84

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

School Specialty Inventory Turnover Related Terms

School Specialty Inventory Turnover Historical Data

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The historical data trend for School Specialty's Inventory Turnover 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.

School Specialty Inventory Turnover Chart

School Specialty Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18 Dec19
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.14 4.88 5.51 5.32 5.18

School Specialty Quarterly Data
Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Inventory Turnover 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 0.84 0.63 0.93 1.82 0.80
SCOO
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School Specialty Inc SCOO
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School Specialty Inventory Turnover Calculation

School Specialty's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Inventory Turnover (A: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2019 ) / ((Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count )
=418.475 / ((90.061 + 71.424) / 2 )
=418.475 / 80.7425
=5.18

School Specialty's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

Inventory Turnover (Q: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2019 ) / ((Total Inventories (Q: Sep. 2019 ) + Total Inventories (Q: Dec. 2019 )) / count )
=61.47 / ((81.974 + 71.424) / 2 )
=61.47 / 76.699
=0.80

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.80 mean?
School Specialty (SCOO) has a Inventory Turnover of 0.80 as of Dec. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on School Specialty and its competitors.
Is School Specialty's Inventory Turnover too high?
School Specialty's current Inventory Turnover is 0.80. Overall, School Specialty has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does School Specialty's Inventory Turnover compare to PIRRQ and JADG?
School Specialty's Inventory Turnover of 0.80 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on School Specialty and its competitors. School Specialty's current Inventory Turnover is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is School Specialty stock overvalued right now?
School Specialty (SCOO) has a current Inventory Turnover of 0.80. The current Inventory Turnover is 0.80. School Specialty's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For School Specialty (SCOO), the current Inventory Turnover is 0.80 as of Dec. 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.

School Specialty Business Description

Address W6316 Design Drive, Greenville, WI, USA, 54942
School Specialty Inc is a distributor of supplies, furniture, technology products, supplemental learning products, and curriculum solutions, primarily to the education marketplace. Its operating business segments are Distribution and Curriculum. The company generates maximum revenue from the Distribution Segment. Its Distribution segment offers products primarily to the PreK-12 education market that include basic classroom supplies and office products, instructional materials, indoor and outdoor furniture and equipment, physical education equipment, classroom technology, and planning and organizational products.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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