GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Scully Royalty Ltd (NYSE:SRL) » Definitions » Total Inventories

Scully Royalty (Scully Royalty) Total Inventories : $0.60 Mil (As of Jun. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Scully Royalty Total Inventories?

Scully Royalty's total inventories for the quarter that ended in Jun. 2023 was $0.60 Mil. Scully Royalty's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was $0.61 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Scully Royalty's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-1.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Scully Royalty's Days Inventory for the six months ended in Jun. 2023 was 15.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scully Royalty's Inventory Turnover for the quarter that ended in Jun. 2023 was 11.67.

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. Scully Royalty's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.03.


Scully Royalty Total Inventories Historical Data

The historical data trend for Scully Royalty'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.

Scully Royalty Total Inventories Chart

Scully Royalty Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.49 1.81 1.10 0.86 0.62

Scully Royalty Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.15 0.86 0.78 0.62 0.60

Scully Royalty 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.


Scully Royalty  (NYSE:SRL) 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.

Scully Royalty's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(77.719+0.75 * 1.278+0.5 * 0.604-93.97
-0-5.332)/14.8223
=-1.37

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

Scully Royalty's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0.611/7.133*365 / 2
=15.63

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

Scully Royalty's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=7.133 / 0.611
=11.67

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.

Scully Royalty's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0.611 / 19.95
=0.03

* 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.


Scully Royalty Total Inventories Related Terms

Thank you for viewing the detailed overview of Scully Royalty's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Scully Royalty (Scully Royalty) Business Description

Traded in Other Exchanges
Address
2299 Yan An Road West, Room 2103 Shanghai Mart Tower, Changning District, Shanghai, CHN, 200336
Scully Royalty Ltd is a royalty-based company that maximizes earnings upon its iron ore royalty interest. The company's business segments include Royalty, which includes an interest in an iron ore mine; Industrial, which includes projects in resources and services; Merchant Banking, which comprises regulated merchant banking activities. The majority of the revenue is generated from the Royalty segment. The company's geographical segments include Canada, Africa, America, Asia, and Europe, out of which Canada accounts for the majority of the revenue.
Executives
Stefan Feuerstein director BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000

Scully Royalty (Scully Royalty) Headlines

From GuruFocus

Value Idea Contest Update: July

By Holly LaFon Holly LaFon 07-31-2019

2 Tips To Find A Valuable Options Strategy

By Tim Melvin Tim Melvin 08-07-2014

Scully Royalty Ltd. announces semi-annual report

By PRNewswire PRNewswire 01-01-2020

MFC Releases Results For The Year 2017 On Form 20-F

By PRNewswire PRNewswire 04-11-2018

MFC Bancorp Ltd. Provides Update On Corporate Actions

By PRNewswire PRNewswire 06-01-2019

SCULLY ROYALTY LTD. DIVIDEND

By PRNewswire PRNewswire 08-01-2022

Scully Royalty Ltd. Announces Filing Of Form 20-F

By PRNewswire PRNewswire 05-12-2020

SCULLY ROYALTY LTD. ANNOUNCES CASH DIVIDEND

By PRNewswire PRNewswire 11-10-2022