LookSmart Group (LookSmart Group) Inventory Turnover : 0.00 (As of Jun. 2017)

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What is LookSmart Group Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. LookSmart Group's Cost of Goods Sold for the three months ended in Jun. 2017 was $1.12 Mil. LookSmart Group's Average Total Inventories for the quarter that ended in Jun. 2017 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LookSmart Group's Days Inventory for the three months ended in Jun. 2017 was 0.00.

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. LookSmart Group's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 0.00.

LookSmart Group Inventory Turnover Historical Data

The historical data trend for LookSmart Group's Inventory Turnover 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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LookSmart Group Inventory Turnover Chart

LookSmart Group Annual Data

Trend

Dec14

Dec15

Dec16

Inventory Turnover

LookSmart Group Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Jun17
Inventory Turnover	Get a 7-Day Free Trial						-	-	-	-	-

LookSmart Group Inventory Turnover Calculation

LookSmart Group's Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Inventory Turnover (A: Dec. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2016 )	/ (	(Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )
=	4.744	/ (	(0	+	0)	/	1 )
=	4.744	/	0
=	N/A

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

	Inventory Turnover (Q: Jun. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2017 )	/ (	(Total Inventories (Q: Dec. 2016 )	+	Total Inventories (Q: Jun. 2017 ))	/	count )
=	1.122	/ (	(0	+	0)	/	1 )
=	1.122	/	0
=	N/A

LookSmart Group (OTCPK:LKST) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

LookSmart Group'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
	=	0	/	1.122	*	365 / 4
	=	0.00

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.

LookSmart Group'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 )
	=	0	/	1.58
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

LookSmart Group Inventory Turnover Related Terms

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LookSmart Group (LookSmart Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » LookSmart Group Inc (OTCPK:LKST) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

2850 West Horizon Ridge Parkway, Suite 200, Henderson, NV, USA, 89052

Website

https://www.looksmart.com

LookSmart Group Inc engages in providing digital advertising solutions. The company provides solutions for search and display advertising customers in a large online advertising ecosystem serving ads that target user queries on partner sites. It offers search advertising customers, and targeted search through a search advertising distribution network that uses the company's AdCenter platform technology. It offers advertisers the ability to buy graphical display advertising. The company derives its revenues from LookSmart AdCenter, Novatech.io, ShopWiki, and web searches.

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