Smart Employee Benefits (Smart Employee Benefits) Total Inventories : $0.22 Mil (As of Aug. 2022)

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What is Smart Employee Benefits Total Inventories?

Smart Employee Benefits's total inventories for the quarter that ended in Aug. 2022 was $0.22 Mil. Smart Employee Benefits's average total inventories from the quarter that ended in May. 2022 to the quarter that ended in Aug. 2022 was $0.20 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Smart Employee Benefits's Net-Net Working Capital per share for the quarter that ended in Aug. 2022 was $-0.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Smart Employee Benefits's Days Inventory for the three months ended in Aug. 2022 was 2.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart Employee Benefits's Inventory Turnover for the quarter that ended in Aug. 2022 was 40.21.

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. Smart Employee Benefits's Inventory-to-Revenue for the quarter that ended in Aug. 2022 was 0.02.

Smart Employee Benefits Total Inventories Historical Data

The historical data trend for Smart Employee Benefits'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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Smart Employee Benefits Total Inventories Chart

Smart Employee Benefits Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Total Inventories

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0.19

0.15

0.03

0.19

0.16

Smart Employee Benefits Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Total Inventories	Get a 7-Day Free Trial															0.22	0.16	0.17	0.18	0.22

Smart Employee Benefits 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.

Smart Employee Benefits (OTCPK:SEBFF) 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.

Smart Employee Benefits's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2022 is

	Net-Net Working Capital Per Share (Q: Aug. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.138	+	0.75 * 11.185	+	0.5 * 0.221	-	47.753
-	0	-	-1.143)	/	173.509
=	-0.22

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

Smart Employee Benefits's Days Inventory for the three months ended in Aug. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2022 )	/	Cost of Goods Sold (Q: Aug. 2022 )	*	Days in Period
	=	0.202	/	8.123	*	365 / 4
	=	2.27

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

Smart Employee Benefits's Inventory Turnover for the quarter that ended in Aug. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Aug. 2022 )	/	Average Total Inventories (Q: Aug. 2022 )
	=	8.123	/	0.202
	=	40.21

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.

Smart Employee Benefits's Inventory to Revenue for the quarter that ended in Aug. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2022 )	/	Revenue (Q: Aug. 2022 )
	=	0.202	/	12.379
	=	0.02

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.

Smart Employee Benefits Total Inventories Related Terms

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Smart Employee Benefits (Smart Employee Benefits) Business Description

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Address

5500 Explorer Drive, 4th Floor, Mississauga, ON, CAN, L4W 5C7

Website

https://www.seb-inc.com

Smart Employee Benefits Inc is a Canadian technology company providing software-enabled services in the areas of healthcare transaction processing, software solutions, and professional services for corporate and government clients. The company's business segments are Benefits and Technology. Its Benefits segment provides software, solutions, services, and products focused on managing group benefit and wellness solutions and healthcare claims processing environments for corporate and government clients. The Technology segment provides solutions in the areas of supply change management, integration, and energy, as well as training and resource provisioning. It earns most of its revenue from the Technology segment.