SRSCQ (Sears Canada) Total Inventories: $490 Mil (As of Apr. 2017)


What is Sears Canada Total Inventories?

Sears Canada SRSCQ -99.00% Total Inventories is $490 Mil as of Apr. 2017.

Sears Canada's total inventories for the quarter that ended in Apr. 2017 was $490 Mil. Sears Canada's average total inventories from the quarter that ended in Jan. 2017 to the quarter that ended in Apr. 2017 was $472 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sears Canada's Net-Net Working Capital per share for the quarter that ended in Apr. 2017 was $-4.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sears Canada's Days Inventory for the three months ended in Apr. 2017 was 147.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sears Canada's Inventory Turnover for the quarter that ended in Apr. 2017 was 0.62.

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. Sears Canada's Inventory-to-Revenue for the quarter that ended in Apr. 2017 was 1.25.

Sears Canada  (OTCPK:SRSCQ) 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.

Sears Canada's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2017 is

Net-Net Working Capital Per Share (Q: Apr. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(100.022+0.75 * 45.769+0.5 * 489.916-824.44
-0-0)/101.878
=-4.37

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

Sears Canada's Days Inventory for the three months ended in Apr. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2017 )/Cost of Goods Sold (Q: Apr. 2017 )*Days in Period
=471.955/291.211*365 / 4
=147.89

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

Sears Canada's Inventory Turnover for the quarter that ended in Apr. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2017 ) / Average Total Inventories (Q: Apr. 2017 )
=291.211 / 471.955
=0.62

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.

Sears Canada's Inventory to Revenue for the quarter that ended in Apr. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2017 ) / Revenue (Q: Apr. 2017 )
=471.955 / 376.2
=1.25

* 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.

Sears Canada Total Inventories Related Terms

Sears Canada Total Inventories Historical Data

* Premium members only.

The historical data trend for Sears Canada'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.

Sears Canada Total Inventories Chart

Sears Canada Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 858.18 708.04 529.12 467.91 453.99

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 542.83 476.02 529.47 453.99 489.92

Sears Canada 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 $490 Mil mean?
Sears Canada (SRSCQ) has a Total Inventories of $490 Mil as of Apr. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for Sears Canada and its competitors.
Is Sears Canada's Total Inventories too high?
Sears Canada's current Total Inventories is $490 Mil.
How does Sears Canada's Total Inventories compare to competitors?
Sears Canada's Total Inventories of $490 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 Sears Canada and its competitors. Sears Canada's current Total Inventories is $490 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sears Canada stock overvalued right now?
Sears Canada (SRSCQ) has a current Total Inventories of $490 Mil. The current Total Inventories is $490 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 Sears Canada (SRSCQ), the current Total Inventories is $490 Mil as of Apr. 2017. 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.

Sears Canada Business Description

Address 290 Yonge Street, Suite 700, Toronto, ON, CAN, M5B 2C3
Sears Canada Inc is in the sale of goods and services through the Company's Retail channels. It comprised of one reportable segment, Merchandising. Which includes its full-line department, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. stores, and its Direct (catalog/internet) channel. It also includes service revenue related primarily to logistics services provided through the Company. Commission revenue includes travel, home improvement services, insurance, wireless and long-distance plans. Licensee fee revenue is comprised of payments received from licensees that operate within the Company stores.