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Talon International (Talon International) Total Inventories : $0.47 Mil (As of Sep. 2017)


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What is Talon International Total Inventories?

Talon International's total inventories for the quarter that ended in Sep. 2017 was $0.47 Mil. Talon International's average total inventories from the quarter that ended in Jun. 2017 to the quarter that ended in Sep. 2017 was $0.47 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Talon International's Net-Net Working Capital per share for the quarter that ended in Sep. 2017 was $-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Talon International's Days Inventory for the three months ended in Sep. 2017 was 6.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Talon International's Inventory Turnover for the quarter that ended in Sep. 2017 was 13.38.

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. Talon International's Inventory-to-Revenue for the quarter that ended in Sep. 2017 was 0.05.


Talon International Total Inventories Historical Data

The historical data trend for Talon International'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.

Talon International Total Inventories Chart

Talon International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.80 0.51 0.66 0.50

Talon International Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.60 0.50 0.63 0.47 0.47

Talon International 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.


Talon International  (OTCPK:TALN) 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.

Talon International's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2017 is

Net-Net Working Capital Per Share (Q: Sep. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.978+0.75 * 4.076+0.5 * 0.471-12.373
-0-0)/92.3383
=-0.04

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

Talon International's Days Inventory for the three months ended in Sep. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2017 )/Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=0.4725/6.321*365 / 4
=6.82

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

Talon International's Inventory Turnover for the quarter that ended in Sep. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2017 ) / Average Total Inventories (Q: Sep. 2017 )
=6.321 / 0.4725
=13.38

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.

Talon International's Inventory to Revenue for the quarter that ended in Sep. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2017 ) / Revenue (Q: Sep. 2017 )
=0.4725 / 9.789
=0.05

* 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.


Talon International Total Inventories Related Terms

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Talon International (Talon International) Business Description

Traded in Other Exchanges
N/A
Address
21900 Burbank Boulevard, Suite 101, Woodland Hills, CA, USA, 91367
Talon International Inc and subsidiaries is an apparel company that specializes in the distribution of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers. The company acts as a full-service outsourced trim management department for manufacturers, a specified supplier of trim items to owners of specific brands, brand licensees and retailers, a manufacturer and distributor of zippers under the Talon brand name and a distributor of stretch waistbands that utilize licensed patented technology under the Tekfit/Adjustec brand name.
Executives
Morris D Weiss director 1221 YELLOWSTONE, PO BOX 2120, OSBORN ID 83849
Mark Dyne director, 10 percent owner C/O BRILLIANT DIGITAL ENTERTAINMENT INC, 6355 TOPANGA CANYON BLVD, SUITE 520, WOODLAND HILLS CA 91367
Michael Falk other: See Remarks 830 THIRD AVENUE, 4TH FLOOR, NEW YORK NY 10017
Robert L Priddy other: See Remarks 9955 AIRTRAN BLVD., *, ORLANDO FL 32827
Michael F Snyder director VONAGE HOLDINGS CORP 23 MAIN STREET HOLMDEL NJ 07733
William Sweedler director C/O ICONIX BRAND GROUP, INC. 1450 BROADWAY, 4TH FLOOR NEW YORK NY 10018
Raymond Musci director C/O BRILLIANT DIGITAL ENTERTAINMENT INC, 6355 TOPANGA CANYON BOULEVARD SUITE 520, WOODLAND HILLS CA 91367
Sanders Morris Harris Inc/fa 10 percent owner 600 TRAVIS, SUITE 5900, HOUSTON TX 77002

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