Lianluo Smart (Lianluo Smart) Total Inventories : $0.09 Mil (As of Dec. 2020)

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What is Lianluo Smart Total Inventories?

Lianluo Smart's total inventories for the quarter that ended in Dec. 2020 was $0.09 Mil. Lianluo Smart's average total inventories from the quarter that ended in Jun. 2020 to the quarter that ended in Dec. 2020 was $0.45 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lianluo Smart's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was $-0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lianluo Smart's Days Inventory for the six months ended in Dec. 2020 was 1,247.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lianluo Smart's Inventory Turnover for the quarter that ended in Dec. 2020 was 0.15.

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. Lianluo Smart's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 23.74.

Lianluo Smart Total Inventories Historical Data

The historical data trend for Lianluo Smart'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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Lianluo Smart Total Inventories Chart

Lianluo Smart Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Inventories

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0.14

2.22

1.35

1.09

0.09

Lianluo Smart Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Total Inventories	Get a 7-Day Free Trial															1.35	1.12	1.09	0.81	0.09

Lianluo Smart 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.

Lianluo Smart (NAS:LLIT) 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.

Lianluo Smart's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 is

	Net-Net Working Capital Per Share (Q: Dec. 2020 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2.09	+	0.75 * 0.005	+	0.5 * 0.089	-	3.236
-	0	-	0)	/	3.59957
=	-0.30

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

Lianluo Smart's Days Inventory for the six months ended in Dec. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2020 )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
	=	0.451	/	0.066	*	365 / 2
	=	1,247.08

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

Lianluo Smart's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2020 )	/	Average Total Inventories (Q: Dec. 2020 )
	=	0.066	/	0.451
	=	0.15

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.

Lianluo Smart's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2020 )	/	Revenue (Q: Dec. 2020 )
	=	0.451	/	0.019
	=	23.74

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.

Lianluo Smart Total Inventories Related Terms

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Lianluo Smart (Lianluo Smart) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Lianluo Smart Ltd (NAS:LLIT) » Definitions » Total Inventories

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Address

No. 10 Baifuquan Roa, Room 611, 6th Floor, BeiKong Technology Building, Changping District, Beijing, CHN, 102200

Website

http://www.lianluosmart.com

Lianluo Smart Ltd design, develop and market medical products and medical components. The company focuses on the business sectors of; Medical Equipment and the provision of Obstructive Sleep Apnea Syndrome (OSAS) diagnostic services. Its products include wearable sleep respiratory devices, medical devices for cardiopulmonary resuscitation, DHR998 Plus, and others. The company sells its products to distributors, hospitals and physical examination centers, and others. All of its revenue is generated from China.