STYS (Stinger Systems) Total Inventories: $0.18 Mil (As of Sep. 2009)


What is Stinger Systems Total Inventories?

Stinger Systems STYS -99.00% Total Inventories is $0.18 Mil as of Sep. 2009.

Stinger Systems's total inventories for the quarter that ended in Sep. 2009 was $0.18 Mil. Stinger Systems's average total inventories from the quarter that ended in Jun. 2009 to the quarter that ended in Sep. 2009 was $0.18 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Stinger Systems's Net-Net Working Capital per share for the quarter that ended in Sep. 2009 was $-2.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stinger Systems's Days Inventory for the three months ended in Sep. 2009 was 72.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stinger Systems's Inventory Turnover for the quarter that ended in Sep. 2009 was 1.27.

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. Stinger Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2009 was 0.69.

Stinger Systems  (OTCPK:STYS) 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.

Stinger Systems's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2009 is

Net-Net Working Capital Per Share (Q: Sep. 2009 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.02+0.75 * 0.069+0.5 * 0.183-10.394
-0-0)/4.698
=-2.18

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

Stinger Systems's Days Inventory for the three months ended in Sep. 2009 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2009 )/Cost of Goods Sold (Q: Sep. 2009 )*Days in Period
=0.176/0.223*365 / 4
=72.02

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

Stinger Systems's Inventory Turnover for the quarter that ended in Sep. 2009 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2009 ) / Average Total Inventories (Q: Sep. 2009 )
=0.223 / 0.176
=1.27

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.

Stinger Systems's Inventory to Revenue for the quarter that ended in Sep. 2009 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2009 ) / Revenue (Q: Sep. 2009 )
=0.176 / 0.254
=0.69

* 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.

Stinger Systems Total Inventories Related Terms

Stinger Systems Total Inventories Historical Data

* Premium members only.

The historical data trend for Stinger Systems'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.

Stinger Systems Total Inventories Chart

Stinger Systems Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Total Inventories
0.20 0.29 0.13 0.24

Stinger Systems Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 0.23 0.24 0.25 0.17 0.18

Stinger Systems 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 $0.18 Mil mean?
Stinger Systems (STYS) has a Total Inventories of $0.18 Mil as of Sep. 2009. The total amount of inventory as recorded on a company's balance sheet. View historical data for Stinger Systems and its competitors.
Is Stinger Systems' Total Inventories too high?
Stinger Systems' current Total Inventories is $0.18 Mil.
How does Stinger Systems' Total Inventories compare to MDEX and NEIK?
Stinger Systems' Total Inventories of $0.18 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Total Inventories depends on the Aerospace & Defense 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 Stinger Systems and its competitors. Stinger Systems's current Total Inventories is $0.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stinger Systems stock overvalued right now?
Stinger Systems (STYS) has a current Total Inventories of $0.18 Mil. The current Total Inventories is $0.18 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 Stinger Systems (STYS), the current Total Inventories is $0.18 Mil as of Sep. 2009. 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.

Stinger Systems Business Description

Address 5505 Johns Road, Suite 702, Tampa, FL, USA, 33634
Stinger Systems Inc is engaged in the production and sale of electronic stun devices for the control of, and to provide temporary incapacitation of, potentially dangerous persons.