IMC (International Market Centers) Total Inventories: $0.00 Mil (As of Dec. 2014)


What is International Market Centers Total Inventories?

International Market Centers IMC Total Inventories is $0.00 Mil as of Dec. 2014.

International Market Centers's total inventories for the quarter that ended in Dec. 2014 was $0.00 Mil. International Market Centers's average total inventories from the quarter that ended in Dec. 2013 to the quarter that ended in Dec. 2014 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. International Market Centers's Net-Net Working Capital per share for the quarter that ended in Dec. 2014 was $-11.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. International Market Centers's Days Inventory for the six months ended in Dec. 2014 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. International Market Centers's Inventory-to-Revenue for the quarter that ended in Dec. 2014 was 0.00.


International Market Centers  (NYSE:IMC) 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.

International Market Centers's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2014 is

Net-Net Working Capital Per Share (Q: Dec. 2014 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(24.177+0.75 * 27.593+0.5 * 0-599.279
-0-0)/49.600
=-11.18

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

International Market Centers's Days Inventory for the six months ended in Dec. 2014 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2014 )/Cost of Goods Sold (Q: Dec. 2014 )*Days in Period
=0/60.429*365 / 2
=0.00

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

International Market Centers's Inventory Turnover for the quarter that ended in Dec. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2014 ) / Average Total Inventories (Q: Dec. 2014 )
=60.429 / 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.

International Market Centers's Inventory to Revenue for the quarter that ended in Dec. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2014 ) / Revenue (Q: Dec. 2014 )
=0 / 162.801
=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.


International Market Centers Total Inventories Related Terms


International Market Centers Total Inventories Historical Data

* Premium members only.

The historical data trend for International Market Centers'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.

International Market Centers Total Inventories Chart

International Market Centers Annual Data
Trend Dec12 Dec13 Dec14
Total Inventories
0.00 0.00 0.00

International Market Centers Semi-Annual Data
Dec12 Dec13 Dec14
Total Inventories 0.00 0.00 0.00

International Market Centers 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 $0.00 Mil mean?
International Market Centers (IMC) has a Total Inventories of $0.00 Mil as of Dec. 2014. The total amount of inventory as recorded on a company's balance sheet. View historical data for International Market Centers and its competitors.
Is International Market Centers' Total Inventories too high?
International Market Centers' current Total Inventories is $0.00 Mil.
How does International Market Centers' Total Inventories compare to HMG and AIII?
International Market Centers' Total Inventories of $0.00 Mil can be compared against companies in the REITs 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 REITs company?
A good Total Inventories depends on the REITs 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 International Market Centers and its competitors. International Market Centers's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Market Centers stock overvalued right now?
International Market Centers (IMC) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 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 International Market Centers (IMC), the current Total Inventories is $0.00 Mil as of Dec. 2014. 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.

International Market Centers Business Description

Industry Real EstateREITs
International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home décor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home décor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home décor and gift products.