Biolife Sciences (Biolife Sciences) Total Inventories : $0.00 Mil (As of May. 2008)

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What is Biolife Sciences Total Inventories?

Biolife Sciences's total inventories for the quarter that ended in May. 2008 was $0.00 Mil. Biolife Sciences's average total inventories from the quarter that ended in Feb. 2008 to the quarter that ended in May. 2008 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Biolife Sciences's Net-Net Working Capital per share for the quarter that ended in May. 2008 was $-631.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Biolife Sciences's Days Inventory for the three months ended in May. 2008 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Biolife Sciences's Inventory-to-Revenue for the quarter that ended in May. 2008 was 0.00.

Biolife Sciences Total Inventories Historical Data

The historical data trend for Biolife Sciences's Total Inventories 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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Biolife Sciences Total Inventories Chart

Biolife Sciences Annual Data

Trend

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Total Inventories

Biolife Sciences Quarterly Data
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Total Inventories	Get a 7-Day Free Trial										-	-	-	-	-

Biolife Sciences Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Biolife Sciences (OTCPK:BLFE) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Biolife Sciences's Net-Net Working Capital Per Share for the quarter that ended in May. 2008 is

	Net-Net Working Capital Per Share (Q: May. 2008 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.04	+	0.75 * 0.143	+	0.5 * 0	-	3.46
-	0	-	0)	/	0.00525
=	-631.00

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

Biolife Sciences's Days Inventory for the three months ended in May. 2008 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2008 )	/	Cost of Goods Sold (Q: May. 2008 )	*	Days in Period
	=	0	/	1.442	*	365 / 4
	=	0.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Biolife Sciences's Inventory Turnover for the quarter that ended in May. 2008 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: May. 2008 )	/	Average Total Inventories (Q: May. 2008 )
	=	1.442	/	0
	=	N/A

4. 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.

Biolife Sciences's Inventory to Revenue for the quarter that ended in May. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2008 )	/	Revenue (Q: May. 2008 )
	=	0	/	1.798
	=	0.00

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Biolife Sciences Total Inventories Related Terms

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Biolife Sciences (Biolife Sciences) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Biolife Sciences Inc (OTCPK:BLFE) » Definitions » Total Inventories

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Address

2831 Street Rose Parkway, No. 200, Henderson, NV, USA, 89052

Website

https://www.biolifesciences.com

Biolife Sciences Inc is a commercialization accelerator, licensor and developer of innovative and disruptive technologies for the healthcare, beauty and food and beverage industry sectors. The company's technologies include antimicrobial copper air filters and copper-infused textiles. Its revenues are primarily generated from the sale of sanitation products.

Executives

Arthur Viola

director, 10 percent owner, officer: CEO

Biolife Sciences (Biolife Sciences) Headlines

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