MCZAF (Mad Catz Interactive) Total Inventories: $15.37 Mil (As of Dec. 2016)

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What is Mad Catz Interactive Total Inventories?

Mad Catz Interactive MCZAF -3.33% Total Inventories is $15.37 Mil as of Dec. 2016.

Mad Catz Interactive's total inventories for the quarter that ended in Dec. 2016 was $15.37 Mil. Mad Catz Interactive's average total inventories from the quarter that ended in Sep. 2016 to the quarter that ended in Dec. 2016 was $16.27 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mad Catz Interactive's Net-Net Working Capital per share for the quarter that ended in Dec. 2016 was $-0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mad Catz Interactive's Days Inventory for the three months ended in Dec. 2016 was 83.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mad Catz Interactive's Inventory Turnover for the quarter that ended in Dec. 2016 was 1.09.

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. Mad Catz Interactive's Inventory-to-Revenue for the quarter that ended in Dec. 2016 was 0.85.

Mad Catz Interactive  (OTCPK:MCZAF) 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.

Mad Catz Interactive'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)
=(1.603+0.75 * 8.277+0.5 * 15.37-44.462
-0-0)/73.470
=-0.39

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

Mad Catz Interactive'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
=16.265/17.766*365 / 4
=83.54

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

Mad Catz Interactive'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 )
=17.766 / 16.265
=1.09

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.

Mad Catz Interactive'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 )
=16.265 / 19.061
=0.85

* 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.

Mad Catz Interactive Total Inventories Related Terms

Mad Catz Interactive Total Inventories Historical Data

* Premium members only.

The historical data trend for Mad Catz Interactive'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.

Mad Catz Interactive Total Inventories Chart

Mad Catz Interactive Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.52 23.80 17.19 15.48 23.01

Mad Catz Interactive 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 27.74 23.01 19.59 17.16 15.37

Mad Catz Interactive 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 $15.37 Mil mean?
Mad Catz Interactive (MCZAF) has a Total Inventories of $15.37 Mil as of Dec. 2016. The total amount of inventory as recorded on a company's balance sheet. View historical data for Mad Catz Interactive and its competitors.
Is Mad Catz Interactive's Total Inventories too high?
Mad Catz Interactive's current Total Inventories is $15.37 Mil.
How does Mad Catz Interactive's Total Inventories compare to ECRP?
Mad Catz Interactive's Total Inventories of $15.37 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Inventories depends on the Hardware 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 Mad Catz Interactive and its competitors. Mad Catz Interactive's current Total Inventories is $15.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mad Catz Interactive stock overvalued right now?
Mad Catz Interactive (MCZAF) has a current Total Inventories of $15.37 Mil. The current Total Inventories is $15.37 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 Mad Catz Interactive (MCZAF), the current Total Inventories is $15.37 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.

Mad Catz Interactive Business Description

Address 181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Mad Catz Interactive Inc is a Canadian company which is engaged in designing, manufacturing, marketing and distributing interactive entertainment products marketed under Mad Catz (gaming), Tritton (audio), and Saitek (simulation) brands. The company's products include headsets, mice, keyboards, controllers, specialty controllers, and other accessories. It caters to gamers and simulation enthusiast across multiple platforms including in-home gaming consoles, handheld gaming consoles, PC (Personal Computers) and Mac computers, smartphones, tablets and other smart devices. The company distributes its products through various retailers around the globe. Mad Catz derives the majority of its revenue from Americas.