Orbit International (Orbit International) Total Inventories : $9.95 Mil (As of Jun. 2017)

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What is Orbit International Total Inventories?

Orbit International's total inventories for the quarter that ended in Jun. 2017 was $9.95 Mil. Orbit International's average total inventories from the quarter that ended in Dec. 2016 to the quarter that ended in Jun. 2017 was $9.98 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Orbit International's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $1.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Orbit International's Days Inventory for the three months ended in Jun. 2017 was 287.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Orbit International's Inventory Turnover for the quarter that ended in Jun. 2017 was 0.32.

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. Orbit International's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 1.98.

Orbit International Total Inventories Historical Data

The historical data trend for Orbit International'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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Orbit International Total Inventories Chart

Orbit International Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Inventories

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13.27

11.80

11.09

10.69

10.00

Orbit International Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Jun17
Total Inventories	Get a 7-Day Free Trial															10.91	10.94	10.45	10.00	9.95

Orbit International 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.

Orbit International (OTCPK:ORBT) 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.

Orbit International's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 is

	Net-Net Working Capital Per Share (Q: Jun. 2017 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2.564	+	0.75 * 2.651	+	0.5 * 9.954	-	1.779
-	0	-	0)	/	4.187
=	1.85

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

Orbit International's Days Inventory for the three months ended in Jun. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2017 )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
	=	9.978	/	3.168	*	365 / 4
	=	287.40

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

Orbit International's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2017 )	/	Average Total Inventories (Q: Jun. 2017 )
	=	3.168	/	9.978
	=	0.32

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.

Orbit International's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2017 )	/	Revenue (Q: Jun. 2017 )
	=	9.978	/	5.043
	=	1.98

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.

Orbit International Total Inventories Related Terms

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Orbit International (Orbit International) Business Description

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Address

80 Cabot Court, Hauppauge, NY, USA, 11788

Website

https://www.orbitintl.com

Orbit International Corp is a U.S based company engaged in offering mission-critical hardware, software, and integrated systems. It operates through two segments: the Electronics Group and the Power Group. The company designs and manufactures subsystems and components for contractors, government procurement agencies (both foreign and domestic), and research and development laboratories across the world.

Executives