SGLS (Signature Leisure) Total Inventories: $0.01 Mil (As of Sep. 2008)


What is Signature Leisure Total Inventories?

Signature Leisure SGLS -99.00% Total Inventories is $0.01 Mil as of Sep. 2008.

Signature Leisure's total inventories for the quarter that ended in Sep. 2008 was $0.01 Mil. Signature Leisure's average total inventories from the quarter that ended in Jun. 2008 to the quarter that ended in Sep. 2008 was $0.01 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Signature Leisure's Net-Net Working Capital per share for the quarter that ended in Sep. 2008 was $-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Signature Leisure's Days Inventory for the three months ended in Sep. 2008 was 91.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Signature Leisure's Inventory Turnover for the quarter that ended in Sep. 2008 was 1.00.

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. Signature Leisure's Inventory-to-Revenue for the quarter that ended in Sep. 2008 was 8.00.


Signature Leisure  (OTCPK:SGLS) 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.

Signature Leisure's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2008 is

Net-Net Working Capital Per Share (Q: Sep. 2008 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.029+0.75 * 0+0.5 * 0.008-0.987
-0-0)/395.478
=-0.00

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

Signature Leisure's Days Inventory for the three months ended in Sep. 2008 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2008 )/Cost of Goods Sold (Q: Sep. 2008 )*Days in Period
=0.008/0.008*365 / 4
=91.25

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

Signature Leisure's Inventory Turnover for the quarter that ended in Sep. 2008 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2008 ) / Average Total Inventories (Q: Sep. 2008 )
=0.008 / 0.008
=1.00

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.

Signature Leisure's Inventory to Revenue for the quarter that ended in Sep. 2008 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2008 ) / Revenue (Q: Sep. 2008 )
=0.008 / 0.001
=8.00

* 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.


Signature Leisure Total Inventories Related Terms


Signature Leisure Total Inventories Historical Data

* Premium members only.

The historical data trend for Signature Leisure'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.

Signature Leisure Total Inventories Chart

Signature Leisure Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Inventories
Get a 7-Day Free Trial 0.00 0.00 0.03 0.01 0.01

Signature Leisure Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 0.01 0.01 0.01 0.01 0.01

Signature Leisure 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 $0.01 Mil mean?
Signature Leisure (SGLS) has a Total Inventories of $0.01 Mil as of Sep. 2008. The total amount of inventory as recorded on a company's balance sheet. View historical data for Signature Leisure and its competitors.
Is Signature Leisure's Total Inventories too high?
Signature Leisure's current Total Inventories is $0.01 Mil.
How does Signature Leisure's Total Inventories compare to ETFM and CALI?
Signature Leisure's Total Inventories of $0.01 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts 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 Signature Leisure and its competitors. Signature Leisure's current Total Inventories is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signature Leisure stock overvalued right now?
Signature Leisure (SGLS) has a current Total Inventories of $0.01 Mil. The current Total Inventories is $0.01 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 Signature Leisure (SGLS), the current Total Inventories is $0.01 Mil as of Sep. 2008. 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.

Signature Leisure Business Description

Address 100 Candace Drive, Suite 100, Maitland, FL, USA, 32751
Signature Leisure Inc's current business includes operations of Parker Productions, a modeling and event staffing business, E Cubed Technologies, an information technology services company and Signature Auto, an independent dealer in motor vehicles.