hhgregg (hhgregg) Total Inventories : $257 Mil (As of Mar. 2016)

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What is hhgregg Total Inventories?

hhgregg's total inventories for the quarter that ended in Mar. 2016 was $257 Mil. hhgregg's average total inventories from the quarter that ended in Mar. 2015 to the quarter that ended in Mar. 2016 was $257 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. hhgregg's Net-Net Working Capital per share for the quarter that ended in Mar. 2016 was $-4.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. hhgregg's Days Inventory for the six months ended in Mar. 2016 was 33.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. hhgregg's Inventory Turnover for the quarter that ended in Mar. 2016 was 5.47.

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. hhgregg's Inventory-to-Revenue for the quarter that ended in Mar. 2016 was 0.13.

hhgregg Total Inventories Historical Data

The historical data trend for hhgregg'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.

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hhgregg Total Inventories Chart

hhgregg Annual Data

Trend

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Total Inventories

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282.41

315.56

298.54

257.47

256.56

hhgregg Semi-Annual Data
	Mar03	Mar04	Mar05	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16
Total Inventories	Get a 7-Day Free Trial									282.41	315.56	298.54	257.47	256.56

hhgregg 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.

hhgregg (OTCPK:HGGG) 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.

hhgregg's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2016 is

	Net-Net Working Capital Per Share (Q: Mar. 2016 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3.703	+	0.75 * 11.106	+	0.5 * 256.559	-	263.998
-	0	-	0)	/	27.708
=	-4.46

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

hhgregg's Days Inventory for the six months ended in Mar. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2016 )	/	Cost of Goods Sold (Q: Mar. 2016 )	*	Days in Period
	=	257.014	/	1406.216	*	365 / 2
	=	33.36

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

hhgregg's Inventory Turnover for the quarter that ended in Mar. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2016 )	/	Average Total Inventories (Q: Mar. 2016 )
	=	1406.216	/	257.014
	=	5.47

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.

hhgregg's Inventory to Revenue for the quarter that ended in Mar. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2016 )	/	Revenue (Q: Mar. 2016 )
	=	257.014	/	1959.998
	=	0.13

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.

hhgregg Total Inventories Related Terms

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hhgregg (hhgregg) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » hhgregg Inc (OTCPK:HGGG) » Definitions » Total Inventories

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Address

4151 East 96th Street, Indianapolis, IN, USA, 46240

Website

http://www.hhgregg.com

hhgregg Inc is a part of the retail sector. It is a multi-regional retailer which provides an extensive selection of premium appliances, consumer electronics, home products and computers and tablets in its brick-and-mortar stores in the United States via hhgregg.com. The company's sales are categorized into four products; Appliances, which include refrigerators, cooking ranges, dishwashers; Consumer electronics such as 4K and OLED televisions and audio systems; Home Products which include furniture and mattresses and computer systems.

Executives

Aaron Trahan	officer: Chief Merchandising Officer	4151 E 96TH STREET, INDIANAPOLIS IN 46240
Michael Andretti	director	4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Thomas Joseph Schuetz	officer: Chief Information Officer	4151 E 96TH STREET, INDIANAPOLIS IN 46240
Samuel J Johnson	officer: Chief Retail Officer	4151 E 96TH STREET, INDIANAPOLIS IN 46240
Kenneth Kocher	director	GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Kevin Kovacs	officer: Principal Accounting Officer	HHGREGG INC., 4151 EAST 96TH STREET, INDIANAPOLIS IN 46420
William P Carmichael	director	3308 N. MITTHOEFFER ROAD, INDIANAPOLIS IN 46235
Catherine A Langham	director	LANGHAM LOGISTICS, INC., 5335 WEST 74TH STREET, INDIANAPOLIS IN 46268
Keith M Zimmerman	officer: Chief Merchandising Officer	HHGREGG, INC., 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Robert James Riesbeck	officer: Chief Financial Officer	100 PIER 1 PLACE, FORT WORTH TX 76102
Troy H Risch	officer: Chief Operating Officer	300 RADIOSHACK CIRCLE, MS CF3-203, FORT WORTH TX 76102
Andrew S Giesler	officer: INTERIM CFO	4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Julie Clare Lyle	officer: Chief Marketing Officer	4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Greg Bettinelli	director	4151 EAST 96TH STREET, INDIANAPOLIS IN 46240
Jeffery G Haines	officer: Chief Merchandising Officer	4151 EAST 96TH STREET, INDIANAPOLIS IN 46240