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Tigrent (Tigrent) Total Inventories : $0.3 Mil (As of Dec. 2010)


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What is Tigrent Total Inventories?

Tigrent's total inventories for the quarter that ended in Dec. 2010 was $0.3 Mil. Tigrent's average total inventories from the quarter that ended in Sep. 2010 to the quarter that ended in Dec. 2010 was $0.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tigrent's Net-Net Working Capital per share for the quarter that ended in Dec. 2010 was $-5.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tigrent's Days Inventory for the three months ended in Dec. 2010 was 3.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tigrent's Inventory Turnover for the quarter that ended in Dec. 2010 was 28.17.

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. Tigrent's Inventory-to-Revenue for the quarter that ended in Dec. 2010 was 0.02.


Tigrent Total Inventories Historical Data

The historical data trend for Tigrent'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.

Tigrent Total Inventories Chart

Tigrent Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.44 0.95 0.51 0.26

Tigrent Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 0.51 0.39 0.37 0.23 0.26

Tigrent 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.


Tigrent  (OTCPK:TIGE) 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.

Tigrent's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2010 is

Net-Net Working Capital Per Share (Q: Dec. 2010 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.992+0.75 * 0+0.5 * 0.262-77.772
-0-0)/13.0886
=-5.63

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

Tigrent's Days Inventory for the three months ended in Dec. 2010 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2010 )/Cost of Goods Sold (Q: Dec. 2010 )*Days in Period
=0.2435/6.859*365 / 4
=3.24

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

Tigrent's Inventory Turnover for the quarter that ended in Dec. 2010 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2010 ) / Average Total Inventories (Q: Dec. 2010 )
=6.859 / 0.2435
=28.17

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.

Tigrent's Inventory to Revenue for the quarter that ended in Dec. 2010 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2010 ) / Revenue (Q: Dec. 2010 )
=0.2435 / 10.339
=0.02

* 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.


Tigrent Total Inventories Related Terms

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Tigrent (Tigrent) Business Description

Traded in Other Exchanges
N/A
Address
1612 Cape Coral Parkway, Suite 33904, Cape Coral, FL, USA, 33904
Tigrent Inc through its subsidiaries provides practical, high-quality and value-based training, conferences, publications, technology-based tools and mentoring where customers acquire learning, can apply to accumulate wealth. The company offers training and mentoring on real estate, financial instruments investing and entrepreneurship in the USA, UK and Canada.
Executives
Steven C Barre director, officer: CEO 777 SOUTH FLAGLER DRIVE SUITE 1108, WEST PALM BEACH FL 33401
J. Hunter Brown director 20 OLD LANTERN DRIVE, WILTON CT 06897
Richardson Kevin A Ii director, 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110
Prides Capital Partners, Llc director, 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110
James E. May officer: Chief Admin & General Counsel 1612 E. CAPE CORAL PARKWAY, CAPE CORAL FL 33904
Murray A Indick director, 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110
James K Bass director 1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Kingstown Partners Master Ltd. 10 percent owner C/O MOURANT OZANNES CORPORATE SERVICES, 42 NORTH CHURCH STREET, P.O. BOX 1348, GRAND CAYMAN E9 KY1-1108
Kingstown Management Gp Llc 10 percent owner 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Management L.p. 10 percent owner 167 MADISON AVENUE, SUITE 205 #1033, NEW YORK NY 10016
Michael Blitzer 10 percent owner 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Partners, Llc 10 percent owner 535 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Guy Shanon 10 percent owner 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Allan D Weingarten director 136 OLIVERA WAY, PALM BEACH GARDENS FL 33418
Wallace L Timmeny director 1122 INTERNATIONAL BLVD., SUITE 601, BURLINGTON A6 L7L 6Z8

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