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Location Based Technologies (Location Based Technologies) Days Inventory : 174.59 (As of May. 2015)


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What is Location Based Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Location Based Technologies's Average Total Inventories for the three months ended in May. 2015 was $0.72 Mil. Location Based Technologies's Cost of Goods Sold for the three months ended in May. 2015 was $0.38 Mil. Hence, Location Based Technologies's Days Inventory for the three months ended in May. 2015 was 174.59.

The historical rank and industry rank for Location Based Technologies's Days Inventory or its related term are showing as below:

LBAS's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 101.81
* Ranked among companies with meaningful Days Inventory only.

Location Based Technologies's Days Inventory increased from May. 2014 (92.45) to May. 2015 (174.59). It might indicate that Location Based Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Location Based Technologies's Inventory Turnover for the three months ended in May. 2015 was 0.52.

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. Location Based Technologies's Inventory-to-Revenue for the three months ended in May. 2015 was 1.30.


Location Based Technologies Days Inventory Historical Data

The historical data trend for Location Based Technologies's Days Inventory 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.

Location Based Technologies Days Inventory Chart

Location Based Technologies Annual Data
Trend Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Days Inventory
Get a 7-Day Free Trial Premium Member Only - 365.00 174.17 140.59 184.60

Location Based Technologies Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
Days Inventory 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 92.45 155.58 217.68 291.73 174.59

Competitive Comparison of Location Based Technologies's Days Inventory

For the Scientific & Technical Instruments subindustry, Location Based Technologies's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Location Based Technologies's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Location Based Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Location Based Technologies's Days Inventory falls into.



Location Based Technologies Days Inventory Calculation

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

Location Based Technologies's Days Inventory for the fiscal year that ended in Aug. 2014 is calculated as

Days Inventory (A: Aug. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2013 ) + Total Inventories (A: Aug. 2014 )) / count ) / Cost of Goods Sold (A: Aug. 2014 )*Days in Period
=( (0.788 + 0.793) / 2 ) / 1.563*365
=0.7905 / 1.563*365
=184.60

Location Based Technologies's Days Inventory for the quarter that ended in May. 2015 is calculated as:

Days Inventory (Q: May. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2015 ) + Total Inventories (Q: May. 2015 )) / count ) / Cost of Goods Sold (Q: May. 2015 )*Days in Period
=( (0.75 + 0.685) / 2 ) / 0.375*365 / 4
=0.7175 / 0.375*365 / 4
=174.59

* 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.


Location Based Technologies  (OTCPK:LBAS) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Location Based Technologies's Inventory Turnover for the three months ended in May. 2015 is calculated as

2. 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.

Location Based Technologies's Inventory to Revenue for the three months ended in May. 2015 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Location Based Technologies Days Inventory Related Terms

Thank you for viewing the detailed overview of Location Based Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Location Based Technologies (Location Based Technologies) Business Description

Traded in Other Exchanges
N/A
Address
7545 Irvine Center Drive, Suite 200, Irvine, CA, USA, 92618
Location Based Technologies Inc is engaged in supplying fleet trackers, a small, affordable, fully sealed vehicle tracking system (combined GPS, wireless, and WiFi technology) designed to track and display vehicles and other mobile assets on the go. It is designed to be quickly installed and features easy-to-use user interfaces, including browser and apps. Its product offering includes PocketFinder. The company generates revenue from Device Sales and Services.

Location Based Technologies (Location Based Technologies) Headlines

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