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Southern California Gas Co (Southern California Gas Co) Total Inventories : $265.00 Mil (As of Mar. 2024)


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What is Southern California Gas Co Total Inventories?

Southern California Gas Co's total inventories for the quarter that ended in Mar. 2024 was $265.00 Mil. Southern California Gas Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $271.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Southern California Gas Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Southern California Gas Co's Days Inventory for the three months ended in Mar. 2024 was 35.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Southern California Gas Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.54.

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. Southern California Gas Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.


Southern California Gas Co Total Inventories Historical Data

The historical data trend for Southern California Gas Co'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.

Southern California Gas Co Total Inventories Chart

Southern California Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.00 153.00 172.00 159.00 277.00

Southern California Gas Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 130.00 180.00 260.00 277.00 265.00

Southern California Gas Co 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.


Southern California Gas Co  (OTCPK:SOCGM.PFD) 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.

Southern California Gas Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(54+0.75 * 995+0.5 * 265-17112
-22-0)/0
=N/A

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

Southern California Gas Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=271/688*365 / 4
=35.94

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

Southern California Gas Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=688 / 271
=2.54

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.

Southern California Gas Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=271 / 1805
=0.15

* 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.


Southern California Gas Co Total Inventories Related Terms

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Southern California Gas Co (Southern California Gas Co) Business Description

Traded in Other Exchanges
Address
555 West Fifth Street, Los Angeles, CA, USA, 90013
Southern California Gas Co is a utility service company. The company is engaged in natural gas distribution, refining and other processes.
Executives
Kevin C. Sagara director 488 8TH AVENUE, SAN DIEGO CA 92101
Jeffrey W Martin director 101 ASH STREET, SAN DIEGO CA 92101
Trevor I Mihalik director 101 ASH STREET, SAN DIEGO CA 92101
Patricia K Wagner director, officer: Chief Executive Officer 1720 NORTH FIRST STREET, SAN JOSE CA 95020
G Joyce Rowland director 101 ASH STREET, SAN DIEGO CA 92101
Knight Jessie J Jr director 4329 FOX BROOK LANE, CHARLOTTE NC 28211
Martha B Wyrsch director
Dennis V Arriola officer: President and COO 162 CANCO ROAD, PORTLAND ME 04103
Steven D Davis director
Joseph A Householder director 101 ASH STREET HQ18, SAN DIEGO CA 92101
Mark A Snell director 488 8TH AVENUE, SAN DIEGO CA 92101
Javade Chaudhri director C/O SEMPRA ENERGY, 101 ASH STREET, SAN DIEGO CA 92101
Michael R Niggli officer: Chief Operating Officer 101 ASH STREET HQ18, SAN DIEGO CA 92101
Anne S Smith officer: Senior V.P. 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177

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