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SVIN (Scheid Vineyards) Total Inventories : $65.86 Mil (As of Aug. 2023)


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What is Scheid Vineyards Total Inventories?

Scheid Vineyards's total inventories for the quarter that ended in Aug. 2023 was $65.86 Mil. Scheid Vineyards's average total inventories from the quarter that ended in Aug. 2022 to the quarter that ended in Aug. 2023 was $32.93 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Scheid Vineyards's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was $-116.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Scheid Vineyards's Days Inventory for the six months ended in Aug. 2023 was 271.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scheid Vineyards's Inventory Turnover for the quarter that ended in Aug. 2023 was 0.67.

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. Scheid Vineyards's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 1.19.


Scheid Vineyards Total Inventories Historical Data

The historical data trend for Scheid Vineyards'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.

Scheid Vineyards Total Inventories Chart

Scheid Vineyards Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.93 40.80 50.87 51.53 48.90

Scheid Vineyards Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Feb15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Aug22 Aug23
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 58.00 48.90 54.36 - 65.86

Scheid Vineyards 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.


Scheid Vineyards  (OTCPK:SVIN) 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.

Scheid Vineyards's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2023 is

Net-Net Working Capital Per Share (Q: Aug. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.696+0.75 * 8.097+0.5 * 65.858-150.338
-0-0)/0.917
=-116.29

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

Scheid Vineyards's Days Inventory for the six months ended in Aug. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2023 )/Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=32.929/22.121*365 / 2
=271.67

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

Scheid Vineyards's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2023 ) / Average Total Inventories (Q: Aug. 2023 )
=22.121 / 32.929
=0.67

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.

Scheid Vineyards's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=32.929 / 27.698
=1.19

* 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.


Scheid Vineyards Total Inventories Related Terms

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Scheid Vineyards Business Description

Traded in Other Exchanges
N/A
Address
305 Hilltown Road, Salinas, CA, USA, 93908
Scheid Vineyards Inc is engaged in the manufacturing of premium varietal wine grapes and wine in the United States. The principal business of the company is the production of premium varietal wine grapes and wine, the operation of a custom crush winery facility, and the sale of bottled wine through wholesalers and directly to consumers. It currently operates premium wine grape vineyards in Monterey County, California.
Executives
Keith Krum director 305 HILLTOWN ROAD, SALINAS CA 93908
Advisory Research Inc 10 percent owner 180 N. STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Advisory Research Microcap Value Fund, L.p. 10 percent owner 180 NORTH STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Scott D Scheid director, officer: President, CEO C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908
Heidi M Scheid director, officer: Senior Vice President C/O SCHEID VINEYARDS INC, 305 HILLTOWN RD, SALINAS CA 93908
Kurt J Golnick officer: Chief Operating Officer C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908
Alfred G Scheid director, 10 percent owner C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908

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