SVIN (Scheid Vineyards) Operating Income: $-3.79 Mil (TTM As of Aug. 2023)

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SVIN Scheid Vineyards Inc SVIN
12 GF Score
Price $0.69
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What is Scheid Vineyards Operating Income?

Scheid Vineyards SVIN 12 Operating Income is $-3.79 Mil as of Aug. 2023. GuruFocus rates SVIN with a GF Score™ of 12/100.

Scheid Vineyards's Operating Income for the six months ended in Aug. 2023 was $-3.79 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Aug. 2023 was $-3.79 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Scheid Vineyards's Operating Income for the six months ended in Aug. 2023 was $-3.79 Mil. Scheid Vineyards's Revenue for the six months ended in Aug. 2023 was $27.70 Mil. Therefore, Scheid Vineyards's Operating Margin % for the quarter that ended in Aug. 2023 was -13.69%.

Scheid Vineyards's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Scheid Vineyards's annualized ROC % for the quarter that ended in Aug. 2023 was -3.16%. Scheid Vineyards's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was -4.44%.

Scheid Vineyards  (OTCPK:SVIN) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Scheid Vineyards's annualized ROC % for the quarter that ended in Aug. 2023 is calculated as:

ROC % (Q: Aug. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2022 ) + Invested Capital (Q: Aug. 2023 ))/ count )
=-7.586 * ( 1 - 28.32% )/( (0 + 172.189)/ 1 )
=-5.4376448/172.189
=-3.16 %

where

Invested Capital(Q: Aug. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Aug. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=183.572 - 6.687 - ( 4.696 - max(0, 61.722 - 79.503+4.696))
=172.189

Note: The Operating Income data used here is two times the semi-annual (Aug. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Scheid Vineyards's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2022  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.506/( ( (0 + max(0, 0)) + (101.547 + max(67.372, 0)) )/ 1 )
=-7.506/( ( 0 + 168.919 )/ 1 )
=-7.506/168.919
=-4.44 %

where Working Capital is:

Working Capital(Q: Aug. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.097 + 65.858 + 0.104) - (6.687 + 0 + 7.105427357601E-15)
=67.372

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Aug. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Scheid Vineyards's Operating Margin % for the quarter that ended in Aug. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Aug. 2023 )/Revenue (Q: Aug. 2023 )
=-3.793/27.698
=-13.69 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Scheid Vineyards Operating Income Related Terms

Scheid Vineyards Operating Income Historical Data

* Premium members only.

The historical data trend for Scheid Vineyards's Operating Income 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.

Scheid Vineyards Operating Income Chart

Scheid Vineyards Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.14 8.40 -2.01 -5.82 -12.08

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
Operating Income 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 -5.54 -6.54 -4.01 -3.93 -3.79
SVIN
12GF Score
Scheid Vineyards Inc SVIN
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Scheid Vineyards Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3.79 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-3.79 Mil mean?
Scheid Vineyards (SVIN) has a Operating Income of $-3.79 Mil as of Aug. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Scheid Vineyards and its competitors.
Is Scheid Vineyards' Operating Income too high?
Scheid Vineyards' current Operating Income is $-3.79 Mil. Overall, Scheid Vineyards has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Scheid Vineyards' Operating Income compare to LQR and EAST?
Scheid Vineyards' Operating Income of $-3.79 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Beverages - Alcoholic company?
A good Operating Income depends on the Beverages - Alcoholic industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Scheid Vineyards and its competitors. Scheid Vineyards's current Operating Income is $-3.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scheid Vineyards stock overvalued right now?
Scheid Vineyards (SVIN) has a current Operating Income of $-3.79 Mil. The current Operating Income is $-3.79 Mil. Scheid Vineyards' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Scheid Vineyards (SVIN), the current Operating Income is $-3.79 Mil as of Aug. 2023. 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.

Scheid Vineyards Business Description

Address 305 Hilltown Road, Salinas, CA, USA, 93908
Scheid Vineyards Inc is engaged in 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. The Company operates premium wine grape vineyards in Monterey County, California. Its segments are Finished Goods Sales, which generate maximum revenue and consist of wholesale transactions of finished packaged wine products sold mainly through distributors; Production Sales, which consist of bulk wine and grape sales and winery custom crush and storage services; and Direct Sales, which represent transactions directly to consumers, including tasting room, wine club and online sales.
12GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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