SCOO (School Specialty) Total Inventories: $71.4 Mil (As of Dec. 2019)

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SCOO School Specialty Inc SCOO
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What is School Specialty Total Inventories?

School Specialty SCOO 12 Total Inventories is $71.4 Mil as of Dec. 2019. GuruFocus rates SCOO with a GF Score™ of 12/100.

School Specialty's total inventories for the quarter that ended in Dec. 2019 was $71.4 Mil. School Specialty's average total inventories from the quarter that ended in Sep. 2019 to the quarter that ended in Dec. 2019 was $76.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. School Specialty's Net-Net Working Capital per share for the quarter that ended in Dec. 2019 was $-18.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. School Specialty's Days Inventory for the three months ended in Dec. 2019 was 113.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. School Specialty's Inventory Turnover for the quarter that ended in Dec. 2019 was 0.80.

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. School Specialty's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 0.84.


School Specialty  (OTCPK:SCOO) 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.

School Specialty's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2019 is

Net-Net Working Capital Per Share (Q: Dec. 2019 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.077+0.75 * 61.718+0.5 * 71.424-215.958
-0-0)/7.025
=-18.77

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

School Specialty's Days Inventory for the three months ended in Dec. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2019 )/Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=76.699/61.47*365 / 4
=113.86

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

School Specialty's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2019 ) / Average Total Inventories (Q: Dec. 2019 )
=61.47 / 76.699
=0.80

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.

School Specialty's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2019 ) / Revenue (Q: Dec. 2019 )
=76.699 / 91.02
=0.84

* 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.


School Specialty Total Inventories Related Terms


School Specialty Total Inventories Historical Data

* Premium members only.

The historical data trend for School Specialty'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.

School Specialty Total Inventories Chart

School Specialty Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18 Dec19
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.94 73.65 77.16 90.06 71.42

School Specialty Quarterly Data
Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 90.06 108.93 122.31 81.97 71.42
SCOO
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School Specialty Inc SCOO
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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School Specialty 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 $71.4 Mil mean?
School Specialty (SCOO) has a Total Inventories of $71.4 Mil as of Dec. 2019. The total amount of inventory as recorded on a company's balance sheet. View historical data for School Specialty and its competitors.
Is School Specialty's Total Inventories too high?
School Specialty's current Total Inventories is $71.4 Mil. Overall, School Specialty has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does School Specialty's Total Inventories compare to PIRRQ and JADG?
School Specialty's Total Inventories of $71.4 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Total Inventories depends on the Retail - Cyclical 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 School Specialty and its competitors. School Specialty's current Total Inventories is $71.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is School Specialty stock overvalued right now?
School Specialty (SCOO) has a current Total Inventories of $71.4 Mil. The current Total Inventories is $71.4 Mil. School Specialty's overall GF Score™ is 12/100. 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 School Specialty (SCOO), the current Total Inventories is $71.4 Mil as of Dec. 2019. 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.

School Specialty Business Description

Address W6316 Design Drive, Greenville, WI, USA, 54942
School Specialty Inc is a distributor of supplies, furniture, technology products, supplemental learning products, and curriculum solutions, primarily to the education marketplace. Its operating business segments are Distribution and Curriculum. The company generates maximum revenue from the Distribution Segment. Its Distribution segment offers products primarily to the PreK-12 education market that include basic classroom supplies and office products, instructional materials, indoor and outdoor furniture and equipment, physical education equipment, classroom technology, and planning and organizational products.
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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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