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LSCG (Lighting Science Group) Days Inventory : 171.69 (As of Mar. 2017)


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What is Lighting Science Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lighting Science Group's Average Total Inventories for the three months ended in Mar. 2017 was $13.84 Mil. Lighting Science Group's Cost of Goods Sold for the three months ended in Mar. 2017 was $7.36 Mil. Hence, Lighting Science Group's Days Inventory for the three months ended in Mar. 2017 was 171.69.

The historical rank and industry rank for Lighting Science Group's Days Inventory or its related term are showing as below:

LSCG's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 120.42
* Ranked among companies with meaningful Days Inventory only.

Lighting Science Group's Days Inventory increased from Mar. 2016 (129.52) to Mar. 2017 (171.69). It might indicate that Lighting Science Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lighting Science Group's Inventory Turnover for the three months ended in Mar. 2017 was 0.53.

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. Lighting Science Group's Inventory-to-Revenue for the three months ended in Mar. 2017 was 1.48.


Lighting Science Group Days Inventory Historical Data

The historical data trend for Lighting Science Group'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.

Lighting Science Group Days Inventory Chart

Lighting Science Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.77 89.43 86.95 117.61 148.90

Lighting Science Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 129.52 135.81 116.33 146.48 171.69

Competitive Comparison of Lighting Science Group's Days Inventory

For the Electrical Equipment & Parts subindustry, Lighting Science Group'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.


Lighting Science Group's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting Science Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lighting Science Group's Days Inventory falls into.



Lighting Science Group Days Inventory Calculation

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

Lighting Science Group's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (21.45 + 16.422) / 2 ) / 46.418*365
=18.936 / 46.418*365
=148.90

Lighting Science Group's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

Days Inventory (Q: Mar. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2016 ) + Total Inventories (Q: Mar. 2017 )) / count ) / Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=( (16.422 + 11.255) / 2 ) / 7.355*365 / 4
=13.8385 / 7.355*365 / 4
=171.69

* 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.


Lighting Science Group  (OTCPK:LSCG) 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.

Lighting Science Group's Inventory Turnover for the three months ended in Mar. 2017 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.

Lighting Science Group's Inventory to Revenue for the three months ended in Mar. 2017 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.


Lighting Science Group Days Inventory Related Terms

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


Lighting Science Group Business Description

Traded in Other Exchanges
N/A
Address
1350 Division Road, Suite 102, Melbourne, FL, USA, 32901
Lighting Science Group Corp provides LED solutions for home and businesses. Its products include LED lights, biological lamps, types of bulbs, LED tubes, grow light, solar street light, durabulb etc. The company has patents for its most of the products.
Executives
Pegasus Capital Llc 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Craig M Cogut director, 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
James L Jones director ONE INVACARE WAY, ELYRIA OH 44035
Pegasus Partners Iv Lp director, 10 percent owner 99 RIVER ROAD, COS COB CT 06807
Dennis Mcgill director 3601 PLAINS BLVD, STE 1, AMARILLO TX 79102
Pegasus Investors Iv Gp, Llc director, 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Pegasus Investors Iv, L.p. director, 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Thomas J Smach director C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
Nicholas Brathwaite director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
F Philip Handy director C/O WINTER PARK CAPITAL COMPANY, 222 S PENNSYLVANIA AVE STE 200, WINTER PARK FL 32789
Daas Kaj Den director EIFELLAAN #3, 5691 GW, SON EN BREUGEL P7 00000
Steven Marton officer: Chief Executive Officer C/O LIGHTING SCIENCE GROUP CORPORATION, 1227 SOUTH PATRICK DRIVE, BUILDING 2A, SATELLITE BEACH FL 32937
Andrew S. Cooper director C/O PEGASUS CAPITAL ADVISORS, L.P. 99 RIVER ROAD COS COB CT 06807
Michael W Kempner director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
David Arthur Bell director C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281

Lighting Science Group Headlines

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