SIMPQ (Simply) Total Inventories: $8.09 Mil (As of Jan. 2022)

What is Simply Total Inventories?

Simply SIMPQ 16 Total Inventories is $8.09 Mil as of Jan. 2022. GuruFocus rates SIMPQ with a GF Score™ of 16/100.

Simply's total inventories for the quarter that ended in Jan. 2022 was $8.09 Mil. Simply's average total inventories from the quarter that ended in Oct. 2021 to the quarter that ended in Jan. 2022 was $8.08 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Simply's Net-Net Working Capital per share for the quarter that ended in Jan. 2022 was $-2.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Simply's Days Inventory for the three months ended in Jan. 2022 was 40.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Simply's Inventory Turnover for the quarter that ended in Jan. 2022 was 2.27.

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. Simply's Inventory-to-Revenue for the quarter that ended in Jan. 2022 was 0.36.

Simply (OTCPK:SIMPQ) 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.

Simply's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2022 is

	Net-Net Working Capital Per Share (Q: Jan. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.828	+	0.75 * 0.21	+	0.5 * 8.089	-	36.403
-	0	-	0)	/	12.886
=	-2.36

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

Simply's Days Inventory for the three months ended in Jan. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2022 )	/	Cost of Goods Sold (Q: Jan. 2022 )	*	Days in Period
	=	8.0795	/	18.347	*	365 / 4
	=	40.18

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

Simply's Inventory Turnover for the quarter that ended in Jan. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2022 )	/	Average Total Inventories (Q: Jan. 2022 )
	=	18.347	/	8.0795
	=	2.27

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.

Simply's Inventory to Revenue for the quarter that ended in Jan. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2022 )	/	Revenue (Q: Jan. 2022 )
	=	8.0795	/	22.485
	=	0.36

* 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.

Simply Total Inventories Related Terms

Simply Total Inventories Historical Data

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The historical data trend for Simply's Total Inventories can be seen below:

Simply Total Inventories Chart

Simply Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Jan21

Jan22

Total Inventories

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1.63

1.03

7.40

6.75

8.09

Simply Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22
Total Inventories	Get a 7-Day Free Trial															6.75	5.46	6.94	8.07	8.09

16GF Score

Simply Inc SIMPQ

Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.

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Simply 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 $8.09 Mil mean?

Simply (SIMPQ) has a Total Inventories of $8.09 Mil as of Jan. 2022. The total amount of inventory as recorded on a company's balance sheet. View historical data for Simply and its competitors.

Is Simply's Total Inventories too high?

Simply's current Total Inventories is $8.09 Mil. Overall, Simply has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.

How does Simply's Total Inventories compare to HGGGQ and ORLY?

Simply's Total Inventories of $8.09 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 Simply and its competitors. Simply's current Total Inventories is $8.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Simply stock overvalued right now?

Simply (SIMPQ) has a current Total Inventories of $8.09 Mil. The current Total Inventories is $8.09 Mil. Simply's overall GF Score™ is 16/100. 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 Simply (SIMPQ), the current Total Inventories is $8.09 Mil as of Jan. 2022. 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.

Simply Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies HGGGQ SHSE:601888 ORLY AZO TSX:ATD GPC TSCO ULTA BBY ADX:ADNOCDIST TSE:9843 FIVE BBWI DKS CASY AAP WSM LSE:JD.MUSA RH

Address 10801 NW 97th Street, Suite 09, Miami, FL, USA, 33178

Website https://www.simplyinc.com

Simply Inc through its subsidiary, operates a chain of retail electronics stores and is an authorized reseller of Apple products and other high-profile consumer electronic brands. It operates business in a single segment in the United States through its Simply Mac retail stores.

16GF Score

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