South Atlantic Bancshares (South Atlantic Bancshares) Change In Inventory : $0.00 Mil (TTM As of Mar. 2024)

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What is South Atlantic Bancshares Change In Inventory?

South Atlantic Bancshares's change in inventory for the quarter that ended in Mar. 2024 was $0.00 Mil. It means South Atlantic Bancshares's inventory stayed the same from Dec. 2023 to Mar. 2024 .

South Atlantic Bancshares's change in inventory for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means South Atlantic Bancshares's inventory stayed the same from Dec. 2022 to Dec. 2023 .

South Atlantic Bancshares's Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

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

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

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. South Atlantic Bancshares's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

South Atlantic Bancshares Change In Inventory Historical Data

The historical data trend for South Atlantic Bancshares's Change In Inventory 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.

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South Atlantic Bancshares Change In Inventory Chart

South Atlantic Bancshares Annual Data

Trend

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Dec23

Change In Inventory

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South Atlantic Bancshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

South Atlantic Bancshares Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

South Atlantic Bancshares (OTCPK:SABK) Change In Inventory Explanation

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

South Atlantic Bancshares's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

South Atlantic Bancshares's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

3. 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.

South Atlantic Bancshares's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	11.297
	=	0.00

South Atlantic Bancshares Change In Inventory Related Terms

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South Atlantic Bancshares (South Atlantic Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » South Atlantic Bancshares Inc (OTCPK:SABK) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

630 29th Avenue North, Myrtle Beach, SC, USA, 29577

Website

https://www.southatlantic.bank

South Atlantic Bancshares Inc is A United States-based bank holding company. The business activity of the bank is to provide banking services to domestic markets. Its product offering includes Personal and business checking, Savings, and Money market accounts, along with Residential mortgages, Commercial Loans, and Lines of credit. The bank also offers other services like mobile banking application, treasury, remote deposit capture, and merchant card services; telephone and online banking, and ATM services; and debit and credit cards.