SMSA Treemont Acquisition (SMSA Treemont Acquisition) Total Inventories : $2.47 Mil (As of Jun. 2012)

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What is SMSA Treemont Acquisition Total Inventories?

SMSA Treemont Acquisition's total inventories for the quarter that ended in Jun. 2012 was $2.47 Mil. SMSA Treemont Acquisition's average total inventories from the quarter that ended in Mar. 2012 to the quarter that ended in Jun. 2012 was $2.77 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. SMSA Treemont Acquisition's Net-Net Working Capital per share for the quarter that ended in Jun. 2012 was $-3.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SMSA Treemont Acquisition's Days Inventory for the three months ended in Jun. 2012 was 13.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. SMSA Treemont Acquisition's Inventory Turnover for the quarter that ended in Jun. 2012 was 7.00.

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. SMSA Treemont Acquisition's Inventory-to-Revenue for the quarter that ended in Jun. 2012 was 0.14.

SMSA Treemont Acquisition Total Inventories Historical Data

The historical data trend for SMSA Treemont Acquisition'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.

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SMSA Treemont Acquisition Total Inventories Chart

SMSA Treemont Acquisition Annual Data

Trend

Dec09

Dec10

Dec11

Total Inventories

1.96

2.59

SMSA Treemont Acquisition Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12
Total Inventories	Get a 7-Day Free Trial						2.12	4.15	2.59	3.08	2.47

SMSA Treemont Acquisition 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.

SMSA Treemont Acquisition (OTCPK:SAQU) 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.

SMSA Treemont Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2012 is

	Net-Net Working Capital Per Share (Q: Jun. 2012 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2.935	+	0.75 * 1.041	+	0.5 * 2.474	-	47.539
-	0	-	0)	/	13.29
=	-3.20

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

SMSA Treemont Acquisition's Days Inventory for the three months ended in Jun. 2012 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2012 )	/	Cost of Goods Sold (Q: Jun. 2012 )	*	Days in Period
	=	2.7745	/	19.419	*	365 / 4
	=	13.04

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

SMSA Treemont Acquisition's Inventory Turnover for the quarter that ended in Jun. 2012 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2012 )	/	Average Total Inventories (Q: Jun. 2012 )
	=	19.419	/	2.7745
	=	7.00

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.

SMSA Treemont Acquisition's Inventory to Revenue for the quarter that ended in Jun. 2012 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2012 )	/	Revenue (Q: Jun. 2012 )
	=	2.7745	/	20.004
	=	0.14

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.

SMSA Treemont Acquisition Total Inventories Related Terms

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SMSA Treemont Acquisition (SMSA Treemont Acquisition) Business Description

Industry

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Address

Website

SMSA Treemont Acquisition Corp's current business plan is to seek to identify a privately-held operating company desiring to become a publicly held company by merging with us through a reverse merger or acquisition.

Executives

Timothy P Halter	director, 10 percent owner, officer: CEO, Pres, CFO, Chairman, Secy	174 FM 1830, ARGYLE TX 76226
George L Diamond	10 percent owner	174 FM 1830, ARGYLE TX 76226
David F Brigante	10 percent owner	174FM 1830, ARGYLE TX 76226
Marat Rosenberg	10 percent owner	17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp	10 percent owner	174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc	10 percent owner	174 FM 1830, ARGYLE TX 76226

SMSA Treemont Acquisition (SMSA Treemont Acquisition) Headlines

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