LTCP (Life's Time Capsule Services) Inventory Turnover: 0.67 (As of Sep. 2014)


What is Life's Time Capsule Services Inventory Turnover?

Life's Time Capsule Services LTCP Inventory Turnover is 0.67 as of Sep. 2014.

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. Life's Time Capsule Services's Cost of Goods Sold for the three months ended in Sep. 2014 was $0.00 Mil. Life's Time Capsule Services's Average Total Inventories for the quarter that ended in Sep. 2014 was $0.01 Mil. Life's Time Capsule Services's Inventory Turnover for the quarter that ended in Sep. 2014 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Life's Time Capsule Services's Days Inventory for the three months ended in Sep. 2014 was 136.88.

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. Life's Time Capsule Services's Inventory-to-Revenue for the quarter that ended in Sep. 2014 was 0.43.

Life's Time Capsule Services  (OTCPK:LTCP) 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.

Life's Time Capsule Services's Days Inventory for the three months ended in Sep. 2014 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2014 )/Cost of Goods Sold (Q: Sep. 2014 )*Days in Period
=0.006/0.004*365 / 4
=136.88

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.

Life's Time Capsule Services's Inventory to Revenue for the quarter that ended in Sep. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2014 ) / Revenue (Q: Sep. 2014 )
=0.006 / 0.014
=0.43

* 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.

Life's Time Capsule Services Inventory Turnover Related Terms

Life's Time Capsule Services Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Life's Time Capsule Services'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.

Life's Time Capsule Services Inventory Turnover Chart

Life's Time Capsule Services Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Inventory Turnover
0.00 0.00 0.00 0.00 0.00

Life's Time Capsule Services Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.00 0.00 0.00 0.00 0.67

Life's Time Capsule Services Inventory Turnover Calculation

Life's Time Capsule Services'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 + 0) / 1 )
=0 / 0
=N/A

Life's Time Capsule Services's Inventory Turnover for the quarter that ended in Sep. 2014 is calculated as

Inventory Turnover (Q: Sep. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2014 ) / ((Total Inventories (Q: Jun. 2014 ) + Total Inventories (Q: Sep. 2014 )) / count )
=0.004 / ((0.006 + 0) / 1 )
=0.004 / 0.006
=0.67

* 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 0.67 mean?
Life's Time Capsule Services (LTCP) has a Inventory Turnover of 0.67 as of Sep. 2014. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Life's Time Capsule Services and its competitors.
Is Life's Time Capsule Services' Inventory Turnover too high?
Life's Time Capsule Services' current Inventory Turnover is 0.67.
How does Life's Time Capsule Services' Inventory Turnover compare to FPTA and CXKJ?
Life's Time Capsule Services' Inventory Turnover of 0.67 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 Life's Time Capsule Services and its competitors. Life's Time Capsule Services's current Inventory Turnover is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life's Time Capsule Services stock overvalued right now?
Life's Time Capsule Services (LTCP) has a current Inventory Turnover of 0.67. The current Inventory Turnover is 0.67. 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 Life's Time Capsule Services (LTCP), the current Inventory Turnover is 0.67 as of Sep. 2014. 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.

Life's Time Capsule Services Business Description

Address 401 Continental Drive, Suite 401 - 703, Newark, DE, USA, 19713
Life's Time Capsule Services Inc is a Technology holding company which provides services in social media, data storage, and digital reminiscence therapy for Alzheimers patients. These services are unified under a single platform, designed in concert with Amazons S3 network infrastructure, with mobile apps available in both the iTunes and Google Play stores.