Green Ballast (Green Ballast) Total Inventories : $0.51 Mil (As of Dec. 2014)

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What is Green Ballast Total Inventories?

Green Ballast's total inventories for the quarter that ended in Dec. 2014 was $0.51 Mil. Green Ballast's average total inventories from the quarter that ended in Dec. 2013 to the quarter that ended in Dec. 2014 was $0.47 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Green Ballast's Net-Net Working Capital per share for the quarter that ended in Dec. 2014 was $-0.10.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Green Ballast's Inventory Turnover for the quarter that ended in Dec. 2014 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.

Green Ballast Total Inventories Historical Data

The historical data trend for Green Ballast'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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Green Ballast Total Inventories Chart

Green Ballast Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Total Inventories

0.51

0.65

0.44

0.51

Green Ballast Quarterly Data
	Sep11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Dec13	Dec14
Total Inventories	Get a 7-Day Free Trial				0.65	0.66	0.53	0.44	0.51

Green Ballast 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.

Green Ballast (GREY:GBLL) 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.

Green Ballast's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2014 is

	Net-Net Working Capital Per Share (Q: Dec. 2014 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.004	+	0.75 * 0.007	+	0.5 * 0.507	-	7.47
-	0	-	0)	/	75.1828
=	-0.10

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

Green Ballast's Days Inventory for the three months ended in Dec. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2014 )	/	Cost of Goods Sold (Q: Dec. 2014 )	*	Days in Period
	=	0.473	/	0	*	365 / 4
	=

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

Green Ballast's Inventory Turnover for the quarter that ended in Dec. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2014 )	/	Average Total Inventories (Q: Dec. 2014 )
	=	0	/	0.473
	=	0.00

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.

Green Ballast's Inventory to Revenue for the quarter that ended in Dec. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2014 )	/	Revenue (Q: Dec. 2014 )
	=	0.473	/	0
	=

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.

Green Ballast Total Inventories Related Terms

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Green Ballast (Green Ballast) Business Description

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Address

2620 Thousand Oaks Boulevard, Suite 4000, Memphis, TN, USA, 38118

Website

http://www.greenballastinc.com

Green Ballast Inc develops, markets and distributes energy-efficient electronic ballasts for fluorescent fixtures in the lighting industry. The company's electronic ballast is used with a fluorescent bulb to regulate the amount of electric current delivered to start and operate the bulb. It offers energy-efficient electronic ballasts as an alternative to traditional ballasts and existing daylight harvesting ballasts. Its product daylight harvesting ballasts can be applied to two-lamp, three-lamp, or four-lamp light fixtures.

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