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SHRG (Sharing Services Global) Total Inventories : $1.23 Mil (As of Sep. 2024)


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What is Sharing Services Global Total Inventories?

Sharing Services Global's total inventories for the quarter that ended in Sep. 2024 was $1.23 Mil. Sharing Services Global's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $1.21 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sharing Services Global's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-28.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sharing Services Global's Days Inventory for the three months ended in Sep. 2024 was 177.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sharing Services Global's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.52.

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. Sharing Services Global's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.58.


Sharing Services Global Total Inventories Historical Data

The historical data trend for Sharing Services Global'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.

Sharing Services Global Total Inventories Chart

Sharing Services Global Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.80 2.47 4.37 1.64 1.32

Sharing Services Global Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.20 2.19 1.32 1.20 1.23

Sharing Services Global 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.


Sharing Services Global  (OTCPK:SHRG) 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.

Sharing Services Global's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.73+0.75 * 0.295+0.5 * 1.225-10.471
-0.001-0)/0.310
=-28.74

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

Sharing Services Global's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=1.2105/0.624*365 / 4
=177.02

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

Sharing Services Global's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=0.624 / 1.2105
=0.52

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.

Sharing Services Global's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=1.2105 / 2.085
=0.58

* 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.


Sharing Services Global Total Inventories Related Terms

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Sharing Services Global Business Description

Traded in Other Exchanges
N/A
Address
5200 Tennyson Parkway, Suite 400, Plano, TX, USA, 75024
Sharing Services Global Corp is a diversified holding company specializing in the direct selling industry. The company owns, operates, or controls an interest in various companies that sell products and services to the consumer directly through independent representatives ranging from health and wellness, energy, technology, insurance services, training, media, and travel benefits. Its operating segment includes Sale of health and wellness products and the sale of member-based travel services through an independent sales force. The company derives the maximum revenue from the Health and wellness products segment. Geographically, it generates a majority of its revenue from the United States.
Executives
Chan Heng Fai Ambrose director, other: Exec. Chairman of the Board 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Document Security Systems Inc 10 percent owner 275 WIREGRASS PKWY, WEST HENRIETTA NY 14586
Anthony S. Chan officer: Chief Financial Officer 228 YANJIANG AVE., JIANGAN DIST., BLDG A, WUHAN CITY F4 430010
Steven Mark Nicholls officer: Chief Financial Officer 1700 COIT ROAD, SUITE 100, PLANO TX 75075
Robert H Trapp director C/O EVISION INTERNATIONAL INC., 1888 SHERMAN ST. #500, DENVER CO 80203
Sassuan (samson) Lee director 200 CANAL VIEW BLVD., SUITE 300, ROCHESTER NY 14623
Frank D Heuszel director 275 WIREGRASS PKWY, WEST HENRIETTA, NEW YORK NY 14586
Frank Walters director, officer: SECRETARY, TREASURER, CFO C/O SHARING SERVICES, INC., 1701 COIT ROAD, SUITE 100, PLANO TX 75075
Keith R Halls director 75 W CENTER ST, PROVO UT 84601
Kip Hughes Allison director 7200 DALLAS PKWY, #2322, PLANO TX 75024
John Thatch director, officer: PRESIDENT, CEO C/O SHARING SERVICES, INC., 1701 COIT ROAD, SUITE 100, PLANO TX 75075
Bear Bull Market Dividends, Inc. 10 percent owner 600 ANTON BLVD. 11TH FLOOR, COSTA MESA CA 92626
Alchemist Holdings Llc 10 percent owner 1415 LEGACY DRIVE, SUITE 310, FRISCO TX 75034