SMIT (Schmitt Industries) Inventories, Raw Materials & Components: $0.91 Mil (As of May. 2022)


SMIT Schmitt Industries Inc SMIT
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What is Schmitt Industries Inventories, Raw Materials & Components?

Schmitt Industries SMIT 12 Inventories, Raw Materials & Components is $0.91 Mil as of May. 2022. GuruFocus rates SMIT with a GF Score™ of 12/100.

Schmitt Industries's inventories, raw materials & components for the quarter that ended in May. 2022 was $0.91 Mil.

Schmitt Industries's quarterly raw materials increased from Nov. 2021 ($0.89 Mil) to Feb. 2022 ($1.22 Mil) but then declined from Feb. 2022 ($1.22 Mil) to May. 2022 ($0.91 Mil).

Schmitt Industries's annual raw materials increased from May. 2020 ($0.44 Mil) to May. 2021 ($0.61 Mil) and increased from May. 2021 ($0.61 Mil) to May. 2022 ($0.91 Mil).

Schmitt Industries Inventories, Raw Materials & Components Historical Data

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The historical data trend for Schmitt Industries's Inventories, Raw Materials & Components 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.

Schmitt Industries Inventories, Raw Materials & Components Chart

Schmitt Industries Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Inventories, Raw Materials & Components
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.80 0.35 0.44 0.61 0.91

Schmitt Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Inventories, Raw Materials & Components 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 0.61 1.06 0.89 1.22 0.91
SMIT
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Schmitt Industries Inc SMIT
Inventories, Raw Materials & Components is just one metric. See GF Score™, valuation, warning signs, and more.
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Schmitt Industries Inventories, Raw Materials & Components Calculation

Materials and components scheduled for use in making a product.

What does a Inventories, Raw Materials & Components of $0.91 Mil mean?
Schmitt Industries (SMIT) has a Inventories, Raw Materials & Components of $0.91 Mil as of May. 2022. Raw materials are the components a company uses for its main products. View historical data on Schmitt Industries and its competitors.
Is Schmitt Industries' Inventories, Raw Materials & Components too high?
Schmitt Industries' current Inventories, Raw Materials & Components is $0.91 Mil. Overall, Schmitt Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Schmitt Industries' Inventories, Raw Materials & Components compare to WHD and VAL?
Schmitt Industries' Inventories, Raw Materials & Components of $0.91 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Raw Materials & Components for a Hardware company?
A good Inventories, Raw Materials & Components depends on the Hardware industry context. However, Inventories, Raw Materials & Components 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 Inventories, Raw Materials & Components mean?
A high Inventories, Raw Materials & Components can signal that a stock is expensive relative to its fundamentals. Raw materials are the components a company uses for its main products. View historical data on Schmitt Industries and its competitors. Schmitt Industries's current Inventories, Raw Materials & Components is $0.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Schmitt Industries stock overvalued right now?
Schmitt Industries (SMIT) has a current Inventories, Raw Materials & Components of $0.91 Mil. The current Inventories, Raw Materials & Components is $0.91 Mil. Schmitt Industries' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Raw Materials & Components calculated?
Inventories, Raw Materials & Components is calculated from a company's financial statements. For Schmitt Industries (SMIT), the current Inventories, Raw Materials & Components is $0.91 Mil as of May. 2022. 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.

Schmitt Industries Business Description

Address 2765 North West Nicolai Street, Portland, OR, USA, 97210
Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. The company manufactures and sells products in two core product lines, Acuity Lasers and Xact Tank Monitoring.
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