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SED International Holdings (SED International Holdings) Total Inventories : $40.1 Mil (As of Jun. 2013)


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What is SED International Holdings Total Inventories?

SED International Holdings's total inventories for the quarter that ended in Jun. 2013 was $40.1 Mil. SED International Holdings's average total inventories from the quarter that ended in Mar. 2013 to the quarter that ended in Jun. 2013 was $48.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. SED International Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2013 was $-7.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SED International Holdings's Days Inventory for the three months ended in Jun. 2013 was 43.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. SED International Holdings's Inventory Turnover for the quarter that ended in Jun. 2013 was 2.10.

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. SED International Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2013 was 0.46.


SED International Holdings Total Inventories Historical Data

The historical data trend for SED International Holdings'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.

* Premium members only.

SED International Holdings Total Inventories Chart

SED International Holdings Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.53 47.95 63.36 61.79 40.14

SED International Holdings Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 61.79 55.66 61.63 56.82 40.14

SED International Holdings 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.


SED International Holdings  (OTCPK:SEDN) 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.

SED International Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2013 is

Net-Net Working Capital Per Share (Q: Jun. 2013 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.605+0.75 * 45.448+0.5 * 40.142-94.097
-0-0)/5.1655
=-7.03

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

SED International Holdings's Days Inventory for the three months ended in Jun. 2013 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2013 )/Cost of Goods Sold (Q: Jun. 2013 )*Days in Period
=48.4785/101.88*365 / 4
=43.42

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

SED International Holdings's Inventory Turnover for the quarter that ended in Jun. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2013 ) / Average Total Inventories (Q: Jun. 2013 )
=101.88 / 48.4785
=2.10

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.

SED International Holdings's Inventory to Revenue for the quarter that ended in Jun. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2013 ) / Revenue (Q: Jun. 2013 )
=48.4785 / 105.81
=0.46

* 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.


SED International Holdings Total Inventories Related Terms

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SED International Holdings (SED International Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3505 Newpoint Place, Suite 450, Lawrenceville, GA, USA, 30043
SED International Holdings Inc is engaged in the wholesale distribution of information technology, technology products and solutions, and consumer electronic products in the United States, Colombia and other markets in Latin America. The company operates primarily in the IT and accessories industry distributes hardware, software, accessories and related services.
Executives
Hagan John Ronald Jr officer: Interim CEO 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Jack H Jacobs director 101 OAKS ROAD, MILLINGTON NJ 07946
Dennis L Chandler director 300 TOWER PARKWAY, LINCOLNSHIRE IL 60069
John D Abouchar director 27271 LAS RAMBLAS, STE. 200 MISSION VIEJO CA 92691
Arthur L Goldberg director C/O MILESTONE SCIENTIFIC INC., 220 SOUTH ORANGE AVENUE, LIVINGSTON NJ 07039
Hummingbird Value Fund Lp other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp other: See Footnotes C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022

SED International Holdings (SED International Holdings) Headlines

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