CELV (Preferred Commerce) Total Inventories : $0.39 Mil (As of Nov. 2015)

View and export this data going back to 2007. Start your Free Trial

What is Preferred Commerce Total Inventories?

Preferred Commerce's total inventories for the quarter that ended in Nov. 2015 was $0.39 Mil. Preferred Commerce's average total inventories from the quarter that ended in Nov. 2014 to the quarter that ended in Nov. 2015 was $0.37 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Preferred Commerce's Net-Net Working Capital per share for the quarter that ended in Nov. 2015 was $-0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Preferred Commerce's Days Inventory for the six months ended in Nov. 2015 was 807.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Preferred Commerce's Inventory Turnover for the quarter that ended in Nov. 2015 was 0.23.

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. Preferred Commerce's Inventory-to-Revenue for the quarter that ended in Nov. 2015 was 1.50.

Preferred Commerce Total Inventories Historical Data

The historical data trend for Preferred Commerce's Total Inventories 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.

Preferred Commerce Total Inventories Chart

Preferred Commerce Annual Data

Trend

Nov07

Nov08

Nov09

Nov10

Nov14

Nov15

Total Inventories

Get a 7-Day Free Trial

0.35

0.39

Preferred Commerce Semi-Annual Data
	Nov07	Nov08	Nov09	Nov10	Nov14	Nov15
Total Inventories	Get a 7-Day Free Trial			-	-	-	0.35	0.39

Preferred Commerce Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Preferred Commerce (OTCPK:CELV) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Preferred Commerce's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2015 is

	Net-Net Working Capital Per Share (Q: Nov. 2015 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.035	+	0.75 * 0.043	+	0.5 * 0.391	-	9.827
-	0	-	0)	/	55.494
=	-0.17

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

Preferred Commerce's Days Inventory for the six months ended in Nov. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2015 )	/	Cost of Goods Sold (Q: Nov. 2015 )	*	Days in Period
	=	0.3715	/	0.084	*	365 / 2
	=	807.13

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

Preferred Commerce's Inventory Turnover for the quarter that ended in Nov. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Nov. 2015 )	/	Average Total Inventories (Q: Nov. 2015 )
	=	0.084	/	0.3715
	=	0.23

4. 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.

Preferred Commerce's Inventory to Revenue for the quarter that ended in Nov. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2015 )	/	Revenue (Q: Nov. 2015 )
	=	0.3715	/	0.247
	=	1.50

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Preferred Commerce Total Inventories Related Terms

Thank you for viewing the detailed overview of Preferred Commerce's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Preferred Commerce Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Preferred Commerce Inc (OTCPK:CELV) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

3361 Fairline Farms Road, Unit No. 3, Wellington, FL, USA, 33414

Website

https://www.cellev8.com

Preferred Commerce Inc is focused on health and wellness products with main product being Cellev8 Gummies. Cellev8 products contain Superoxide Dismutase (SOD) combined with antioxidants, soluble corn fiber and other ingredients that help the human body regenerate healthy cells and strengthen the immune system. The company is promoting the product through retail stores, online sales, and social media.