LMSC (Live Microsystems) Inventory Turnover: (As of Mar. 2015)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Live Microsystems 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. Live Microsystems's Cost of Goods Sold for the three months ended in Mar. 2015 was $0.00 Mil. Live Microsystems's Average Total Inventories for the quarter that ended in Mar. 2015 was $0.00 Mil.

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

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.

Live Microsystems  (OTCPK:LMSC) 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.

Live Microsystems's Days Inventory for the three months ended in Mar. 2015 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2015 )/Cost of Goods Sold (Q: Mar. 2015 )*Days in Period
=0/0*365 / 4
=

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.

Live Microsystems's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2015 ) / Revenue (Q: Mar. 2015 )
=0 / 0
=

* 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.

Live Microsystems Inventory Turnover Related Terms

Live Microsystems Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Live Microsystems'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.

Live Microsystems Inventory Turnover Chart

Live Microsystems Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.96 13.62 17.82 33.92 0.00

Live Microsystems Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Mar15
Inventory Turnover 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 - - - - -

Live Microsystems Inventory Turnover Calculation

Live Microsystems's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Inventory Turnover (A: Dec. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2013 ) / ((Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count )
=0 / ((0.295 + 0) / 1 )
=0 / 0.295
=0.00

Live Microsystems's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

Inventory Turnover (Q: Mar. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2015 ) / ((Total Inventories (Q: Sep. 2014 ) + Total Inventories (Q: Mar. 2015 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 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.

Live Microsystems Business Description

Address 1 Broadway, 14th Floor, Cambridge, MA, USA, 02142
Live Microsystems Inc. was a US-based technology company that provided mobile internet software and services for network operators, consumer device manufacturers, brands, and media companies entering the mobile market. Its offerings centered on enabling mobile data and content delivery, helping clients launch and manage mobile internet portals, applications, and services across wireless networks. The company targeted telecommunications carriers and handset makers as primary customers, along with consumer brands and media firms seeking to reach mobile subscribers. Revenue was generated primarily through software licensing, professional services, and related technology solutions tied to mobile data deployments. The company operated from the United States and served customers in the broader global mobile communications ecosystem during the period when mobile internet services were emerging as a distinct market segment.