Speed Commerce (Speed Commerce) Total Inventories : $0.7 Mil (As of Dec. 2015)

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What is Speed Commerce Total Inventories?

Speed Commerce's total inventories for the quarter that ended in Dec. 2015 was $0.7 Mil. Speed Commerce's average total inventories from the quarter that ended in Sep. 2015 to the quarter that ended in Dec. 2015 was $1.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Speed Commerce's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was $-23.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Speed Commerce's Days Inventory for the three months ended in Dec. 2015 was 3.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Speed Commerce's Inventory Turnover for the quarter that ended in Dec. 2015 was 28.14.

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. Speed Commerce's Inventory-to-Revenue for the quarter that ended in Dec. 2015 was 0.03.

Speed Commerce Total Inventories Historical Data

The historical data trend for Speed Commerce'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.

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Speed Commerce Total Inventories Chart

Speed Commerce Annual Data

Trend

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Total Inventories

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24.91

28.85

1.69

Speed Commerce Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Total Inventories	Get a 7-Day Free Trial															0.98	1.69	2.06	1.58	0.73

Speed Commerce 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.

Speed Commerce (OTCPK:SPDC) 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.

Speed Commerce's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 is

	Net-Net Working Capital Per Share (Q: Dec. 2015 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(5.068	+	0.75 * 20.772	+	0.5 * 0.732	-	161.739
-	0	-	0)	/	6.0386
=	-23.30

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

Speed Commerce's Days Inventory for the three months ended in Dec. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2015 )	/	Cost of Goods Sold (Q: Dec. 2015 )	*	Days in Period
	=	1.1535	/	32.462	*	365 / 4
	=	3.24

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

Speed Commerce's Inventory Turnover for the quarter that ended in Dec. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2015 )	/	Average Total Inventories (Q: Dec. 2015 )
	=	32.462	/	1.1535
	=	28.14

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.

Speed Commerce's Inventory to Revenue for the quarter that ended in Dec. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2015 )	/	Revenue (Q: Dec. 2015 )
	=	1.1535	/	33.45
	=	0.03

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.

Speed Commerce Total Inventories Related Terms

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Speed Commerce (Speed Commerce) Business Description

Industry

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Traded in Other Exchanges

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Address

1303 East Arapaho Road, Suite 200, Richardson, TX, USA, 75081

Website

http://www.speedcommerce.com

Speed Commerce Inc is a provider of flexible end-to-end e-commerce services to retailers and manufacturers. It provides Web platform development and hosting, order management, fulfillment, logistics and contact center services, which provide clients with transaction-based services and information management tools. It manages fulfillment center from four facilities located in Pennsylvania, Ohio, Missouri, and Texas, utilizing automation technology, such as unit sortation, pick-to-pack conveyors and radio frequency (RF) scanning.

Executives

Richard Willis	director, officer: President and CEO	7400 49TH AVE. NORTH, NEW HOPE MN 55428
Bradley J. Shisler	director	7400 49TH AVENUE NORTH, NEW HOPE MN 55428
Rebecca Lynn Atchison	director	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kathleen P Iverson	director	5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven R Becker	other: Member of a 13(d) 10% Group	5525 NAKOMA DRIVE, DALLAS TX 75209
Northern Right Capital Management, L.p.	other: Member of a 13(d) 10% Group	9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc	other: Member of a 13(d) 10% Group	500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Becker Drapkin Partners, L.p.	other: Member of a 13(d) 10% Group	500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p.	other: Member of a 13(d) 10% Group	9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Matthew A Drapkin	other: Member of a 13(d) 10% Group	10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
David Dalvey	director	C/O BLUE ROCK ADVISORS, INC., 80 SOUTH EIGHTH STREET SUITE 3915, MINNEAPOLIS MN 55402