iGo (IGOI) Total Inventories : $1.41 Mil (As of Dec. 2013)

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What is iGo Total Inventories?

iGo's total inventories for the quarter that ended in Dec. 2013 was $1.41 Mil. iGo's average total inventories from the quarter that ended in Sep. 2013 to the quarter that ended in Dec. 2013 was $2.38 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. iGo's Net-Net Working Capital per share for the quarter that ended in Dec. 2013 was $2.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. iGo's Days Inventory for the three months ended in Dec. 2013 was 49.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. iGo's Inventory Turnover for the quarter that ended in Dec. 2013 was 1.83.

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. iGo's Inventory-to-Revenue for the quarter that ended in Dec. 2013 was 0.74.

iGo Total Inventories Historical Data

The historical data trend for iGo'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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iGo Total Inventories Chart

iGo Annual Data

Trend

Dec04

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Dec09

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Dec11

Dec12

Dec13

Total Inventories

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5.96

10.31

11.18

8.38

1.41

iGo Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Total Inventories	Get a 7-Day Free Trial															8.38	6.03	5.01	3.36	1.41

iGo 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.

iGo (OTCPK:IGOI) 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.

iGo's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2013 is

	Net-Net Working Capital Per Share (Q: Dec. 2013 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(8.996	+	0.75 * 1.065	+	0.5 * 1.407	-	2.701
-	0	-	0)	/	2.94471
=	2.65

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

iGo's Days Inventory for the three months ended in Dec. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2013 )	/	Cost of Goods Sold (Q: Dec. 2013 )	*	Days in Period
	=	2.381	/	4.356	*	365 / 4
	=	49.88

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

iGo's Inventory Turnover for the quarter that ended in Dec. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2013 )	/	Average Total Inventories (Q: Dec. 2013 )
	=	4.356	/	2.381
	=	1.83

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.

iGo's Inventory to Revenue for the quarter that ended in Dec. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2013 )	/	Revenue (Q: Dec. 2013 )
	=	2.381	/	3.21
	=	0.74

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.

iGo Total Inventories Related Terms

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iGo (IGOI) Business Description

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Address

590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022

Website

http://www.igo.com

iGo Inc is a United States based company operating in the electronics industry. It offers power management solutions and accessories for laptop computers and electronic mobile devices.

Executives

Leonard J Mcgill	officer: Gen. Counsel, VP & Asst. Sec.	3125 MYERS STREET, RIVERSIDE CA 92503
Adage Capital Partners Gp, L.l.c.	10 percent owner	200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Frederic Welts	director	GOLDEN STATE WARRIORS, 1011 BROADWAY, OAKLAND CA 94607
Peter L Ax	director
Steel Excel Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Holdings Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Jack L Howard	director, other: See explanation of responses.	182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Brian M Roberts	officer: General Counsel and Secretary, other: Vice President	18835 N. THOMPSON PEAK PARKWAY, SUITE 300 & 380, SCOTTSDALE AZ 85255
Robert W Shaner	director	INTERDIGITAL, INC., 781 THIRD AVENUE, KING OF PRUSSIA PA 19406
Jerre L Stead	director	4TH FLOOR, ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY