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

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What is LookSmart Group Inventory Turnover?

LookSmart Group LKST Inventory Turnover is 0.00 as of Jun. 2017.

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 six months ended in Jun. 2017 was $2.72 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 six 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  (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 six 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
=0/2.718*365 / 2
=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 / 3.684
=0.00

* 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

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

LookSmart Group Inventory Turnover Historical Data

* Premium members only.

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.

LookSmart Group Inventory Turnover Chart

LookSmart Group Annual Data
Trend Dec14 Dec15 Dec16
Inventory Turnover
0.00 0.00 0.00

LookSmart Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
Inventory Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

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 )
=2.718 / ((0 + 0) / 1 )
=2.718 / 0
=N/A

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
LookSmart Group (LKST) has a Inventory Turnover of 0.00 as of Jun. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on LookSmart Group and its competitors.
Is LookSmart Group's Inventory Turnover too high?
LookSmart Group's current Inventory Turnover is 0.00.
How does LookSmart Group's Inventory Turnover compare to UBLI and WSCO?
LookSmart Group's Inventory Turnover of 0.00 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Interactive Media company?
A good Inventory Turnover depends on the Interactive Media industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on LookSmart Group and its competitors. LookSmart Group's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LookSmart Group stock overvalued right now?
LookSmart Group (LKST) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For LookSmart Group (LKST), the current Inventory Turnover is 0.00 as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

LookSmart Group Business Description

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