Southern Michigan Bancorp (Southern Michigan Bancorp) Change In Inventory : $0.00 Mil (TTM As of Dec. 2018)

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What is Southern Michigan Bancorp Change In Inventory?

Southern Michigan Bancorp's change in inventory for the quarter that ended in Dec. 2018 was $0.00 Mil. It means Southern Michigan Bancorp's inventory stayed the same from Sep. 2018 to Dec. 2018 .

Southern Michigan Bancorp's change in inventory for the fiscal year that ended in Dec. 2018 was $0.00 Mil. It means Southern Michigan Bancorp's inventory stayed the same from Dec. 2017 to Dec. 2018 .

Southern Michigan Bancorp's Total Inventories for the quarter that ended in Dec. 2018 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. Southern Michigan Bancorp's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.00.

Southern Michigan Bancorp Change In Inventory Historical Data

The historical data trend for Southern Michigan Bancorp'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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Southern Michigan Bancorp Change In Inventory Chart

Southern Michigan Bancorp Annual Data

Trend

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Change In Inventory

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Southern Michigan Bancorp Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Southern Michigan Bancorp 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 Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Southern Michigan Bancorp (OTCPK:SOMC) Change In Inventory Explanation

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

Southern Michigan Bancorp'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.

Southern Michigan Bancorp's Inventory Turnover for the quarter that ended in Dec. 2018 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.

Southern Michigan Bancorp's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	7.669
	=	0.00

Southern Michigan Bancorp Change In Inventory Related Terms

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Southern Michigan Bancorp (Southern Michigan Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern Michigan Bancorp Inc (OTCPK:SOMC) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

51 West Pearl Street, Coldwater, MI, USA, 49036

Website

https://www.smb-t.com

Southern Michigan Bancorp Inc is a United States-based financial holding company. It is engaged in the business activity of the ownership and management of its wholly-owned subsidiary bank. The Bank offers individuals, businesses, institutions, and government agencies a full range of commercial banking services. The customer base is located primarily in the southwest Michigan communities in which the Bank has branches, and in areas immediately surrounding these communities. The Bank makes commercial and consumer loans to customers. The majority of loans are secured by business assets, commercial and residential real estate, and consumer assets. The bank operates in a single segment: commercial banking.

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