CGIP (Celadon Group) Total Inventories: $0 Mil (As of Dec. 2016)

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What is Celadon Group Total Inventories?

Celadon Group CGIP Total Inventories is $0 Mil as of Dec. 2016.

Celadon Group's total inventories for the quarter that ended in Dec. 2016 was $0 Mil. Celadon Group's average total inventories from the quarter that ended in Sep. 2016 to the quarter that ended in Dec. 2016 was $0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Celadon Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2016 was $-17.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Celadon Group's Days Inventory for the three months ended in Dec. 2016 was 0.00.

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

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. Celadon Group's Inventory-to-Revenue for the quarter that ended in Dec. 2016 was 0.00.


Celadon Group  (OTCPK:CGIP) 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.

Celadon Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2016 is

Net-Net Working Capital Per Share (Q: Dec. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.138+0.75 * 133.784+0.5 * 0-613.503
-0-0)/28.229
=-17.96

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

Celadon Group's Days Inventory for the three months ended in Dec. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2016 )/Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=0/49.419*365 / 4
=0.00

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

Celadon Group's Inventory Turnover for the quarter that ended in Dec. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2016 ) / Average Total Inventories (Q: Dec. 2016 )
=49.419 / 0
=N/A

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.

Celadon Group's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=0 / 265.725
=0.00

* 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

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.


Celadon Group Total Inventories Related Terms


Celadon Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Celadon Group'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.

Celadon Group Total Inventories Chart

Celadon Group Annual Data
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Total Inventories
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Celadon Group Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Total Inventories 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 0.00 0.00 0.00 0.00 0.00

Celadon Group 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0 Mil mean?
Celadon Group (CGIP) has a Total Inventories of $0 Mil as of Dec. 2016. The total amount of inventory as recorded on a company's balance sheet. View historical data for Celadon Group and its competitors.
Is Celadon Group's Total Inventories too high?
Celadon Group's current Total Inventories is $0 Mil.
How does Celadon Group's Total Inventories compare to competitors?
Celadon Group's Total Inventories of $0 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Transportation company?
A good Total Inventories depends on the Transportation industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Celadon Group and its competitors. Celadon Group's current Total Inventories is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celadon Group stock overvalued right now?
Celadon Group (CGIP) has a current Total Inventories of $0 Mil. The current Total Inventories is $0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Celadon Group (CGIP), the current Total Inventories is $0 Mil as of Dec. 2016. 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.

Celadon Group Business Description

Address 9503 East 33rd Street, One Celadon Drive, Indianapolis, IN, USA, 46235
Celadon Group Inc is a United States based company truckload freight transportation provider. Through its subsidiaries, the company provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. It also offers freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution. The operating segments of the company are Asset-based, Asset-light and Equipment leasing and services.