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Sears Hometown and Outlet Stores (Sears Hometown and Outlet Stores) Total Inventories : $140 Mil (As of Jul. 2019)


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What is Sears Hometown and Outlet Stores Total Inventories?

Sears Hometown and Outlet Stores's total inventories for the quarter that ended in Jul. 2019 was $140 Mil. Sears Hometown and Outlet Stores's average total inventories from the quarter that ended in Apr. 2019 to the quarter that ended in Jul. 2019 was $201 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sears Hometown and Outlet Stores's Net-Net Working Capital per share for the quarter that ended in Jul. 2019 was $-9.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sears Hometown and Outlet Stores's Days Inventory for the three months ended in Jul. 2019 was 134.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sears Hometown and Outlet Stores's Inventory Turnover for the quarter that ended in Jul. 2019 was 0.68.

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. Sears Hometown and Outlet Stores's Inventory-to-Revenue for the quarter that ended in Jul. 2019 was 1.19.


Sears Hometown and Outlet Stores Total Inventories Historical Data

The historical data trend for Sears Hometown and Outlet Stores'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.

Sears Hometown and Outlet Stores Total Inventories Chart

Sears Hometown and Outlet Stores Annual Data
Trend Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19
Total Inventories
Get a 7-Day Free Trial Premium Member Only 442.74 434.85 373.82 336.29 277.29

Sears Hometown and Outlet Stores Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
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 306.66 297.61 277.29 262.98 139.67

Sears Hometown and Outlet Stores 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.


Sears Hometown and Outlet Stores  (NAS:SHOS) 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.

Sears Hometown and Outlet Stores's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2019 is

Net-Net Working Capital Per Share (Q: Jul. 2019 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(10.855+0.75 * 9.062+0.5 * 139.671-308.59
-0-0)/22.7021
=-9.74

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

Sears Hometown and Outlet Stores's Days Inventory for the three months ended in Jul. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2019 )/Cost of Goods Sold (Q: Jul. 2019 )*Days in Period
=201.324/136.878*365 / 4
=134.21

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

Sears Hometown and Outlet Stores's Inventory Turnover for the quarter that ended in Jul. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2019 ) / Average Total Inventories (Q: Jul. 2019 )
=136.878 / 201.324
=0.68

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.

Sears Hometown and Outlet Stores's Inventory to Revenue for the quarter that ended in Jul. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2019 ) / Revenue (Q: Jul. 2019 )
=201.324 / 168.594
=1.19

* 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.


Sears Hometown and Outlet Stores Total Inventories Related Terms

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Sears Hometown and Outlet Stores (Sears Hometown and Outlet Stores) Business Description

Traded in Other Exchanges
N/A
Address
5500 Trillium Boulevard, Suite 501, Hoffman Estates, IL, USA, 60192
Sears Hometown and Outlet Stores Inc is a national retailer engaged in the selling of home appliances, lawn and garden equipment, and hardware at its stores and on its websites. It also offers its customers the opportunity to acquire home appliance, lawn and garden, fitness, bedding, and other categories of merchandise and product protection agreements through the lease-to-own program that it operates by agreement with a third party. Its business segments are the Sears Hometown and Hardware, and the Sears Outlet.
Executives
William K Phelan director 3333 BEVERLY ROAD HOFFMAN ESTATES IL 60179
James F Gooch director C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Josephine Linden director 6601 SOUTH BERMUDA ROAD, LAS VEGAS NV 89119
Esl Partners Lp 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Esl Investments Inc 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR ISLANDS FL 33154
Edward S Lampert 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOUR FL 33154
Rbs Partners L P /ct 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR ISLANDS FL 33154
Ryan D Robinson officer: Senior VP and CFO/CAO 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Rbs Investment Management Llc 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Esl Institutional Partners Lp 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Crk Partners Llc 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR ISLANDS FL 33154
Spe Master I, L.p. 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Spe I Partners, L.p. 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Jeffrey Flug director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
William R Harker director 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192