SCCI (Shimmick Construction Company) Total Inventories: $3.37 Mil (As of Jun. 2015)


What is Shimmick Construction Company Total Inventories?

Shimmick Construction Company SCCI Total Inventories is $3.37 Mil as of Jun. 2015.

Shimmick Construction Company's total inventories for the quarter that ended in Jun. 2015 was $3.37 Mil. Shimmick Construction Company's average total inventories from the quarter that ended in Dec. 2014 to the quarter that ended in Jun. 2015 was $3.36 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shimmick Construction Company's Net-Net Working Capital per share for the quarter that ended in Jun. 2015 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shimmick Construction Company's Days Inventory for the six months ended in Jun. 2015 was 2.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shimmick Construction Company's Inventory Turnover for the quarter that ended in Jun. 2015 was 66.35.

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. Shimmick Construction Company's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.01.

Shimmick Construction Company  (NAS:SCCI) 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.

Shimmick Construction Company's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2015 is

Net-Net Working Capital Per Share (Q: Jun. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(26.645+0.75 * 0+0.5 * 3.365-N/A
-0-11.766)/15.130
=N/A

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

Shimmick Construction Company's Days Inventory for the six months ended in Jun. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2015 )/Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=3.359/222.864*365 / 2
=2.75

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

Shimmick Construction Company's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2015 ) / Average Total Inventories (Q: Jun. 2015 )
=222.864 / 3.359
=66.35

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.

Shimmick Construction Company's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2015 ) / Revenue (Q: Jun. 2015 )
=3.359 / 241.995
=0.01

* 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.

Shimmick Construction Company Total Inventories Related Terms

Shimmick Construction Company Total Inventories Historical Data

* Premium members only.

The historical data trend for Shimmick Construction Company'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.

Shimmick Construction Company Total Inventories Chart

Shimmick Construction Company Annual Data
Trend Dec13 Dec14
Total Inventories
3.59 3.35

Shimmick Construction Company Semi-Annual Data
Dec13 Jun14 Dec14 Jun15
Total Inventories 3.59 0.00 3.35 3.37

Shimmick Construction Company 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 $3.37 Mil mean?
Shimmick Construction Company (SCCI) has a Total Inventories of $3.37 Mil as of Jun. 2015. The total amount of inventory as recorded on a company's balance sheet. View historical data for Shimmick Construction Company and its competitors.
Is Shimmick Construction Company's Total Inventories too high?
Shimmick Construction Company's current Total Inventories is $3.37 Mil.
How does Shimmick Construction Company's Total Inventories compare to TSSI and SWMM?
Shimmick Construction Company's Total Inventories of $3.37 Mil can be compared against companies in the Construction 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 Construction company?
A good Total Inventories depends on the Construction 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 Shimmick Construction Company and its competitors. Shimmick Construction Company's current Total Inventories is $3.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimmick Construction Company stock overvalued right now?
Shimmick Construction Company (SCCI) has a current Total Inventories of $3.37 Mil. The current Total Inventories is $3.37 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 Shimmick Construction Company (SCCI), the current Total Inventories is $3.37 Mil as of Jun. 2015. 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.

Shimmick Construction Company Business Description

Shimmick Construction Company Inc is a heavy civil construction company founded in 1990. The Company is engaged in construction activities in the western United States, with operations in California. The Company offers general construction, construction management, and design-build services to federal, state, and local public agencies and private customers in California and the Western United States. The Company operates in two segments including construction Projects and Construction Materials. The Construction Projects segment performs construction projects including new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, utilities and other infrastructure projects. The Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties. The Company's customers include Caltrans, City of San Francisco, Port of Long Beach, Port of Los Angeles, City of Los Angeles, LA MTA, BART, VTA, and the Metropolitan Water District of Southern California (MWD). The Company faces competition from competitors including Balfour Beatty plc, Barnard Construction Company, Inc., Dragados S.A., Flatiron Construction Corp., Fluor Corporation, Granite Construction Incorporated, Kiewit Corporation, Obayashi Corporation, Skanska AB, Traylor Bros., Inc., Tutor Perini Corporation, and Walsh Construction Co. The Company's business is subject to various federal, state and local laws and regulations relating to the environment, including those relating to discharges to air, water and land, the handling and disposal of solid and hazardous waste, the handling of underground storage tanks and the cleanup of properties affected by hazardous substances.