ILIM (IL2M International) Total Inventories: $0.00 Mil (As of Feb. 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 IL2M International Total Inventories?

IL2M International ILIM -99.00% Total Inventories is $0.00 Mil as of Feb. 2015.

IL2M International's total inventories for the quarter that ended in Feb. 2015 was $0.00 Mil. IL2M International's average total inventories from the quarter that ended in Nov. 2014 to the quarter that ended in Feb. 2015 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. IL2M International's Net-Net Working Capital per share for the quarter that ended in Feb. 2015 was $-0.01.

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.

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.


IL2M International  (OTCPK:ILIM) 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.

IL2M International's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2015 is

Net-Net Working Capital Per Share (Q: Feb. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-2.559
-0-0)/365.115
=-0.01

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

IL2M International's Days Inventory for the three months ended in Feb. 2015 is calculated as:

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

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

IL2M International's Inventory Turnover for the quarter that ended in Feb. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2015 ) / Average Total Inventories (Q: Feb. 2015 )
=0 / 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.

IL2M International's Inventory to Revenue for the quarter that ended in Feb. 2015 is calculated as

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

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.


IL2M International Total Inventories Related Terms


IL2M International Total Inventories Historical Data

* Premium members only.

The historical data trend for IL2M International'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.

IL2M International Total Inventories Chart

IL2M International Annual Data
Trend May11 May12 May13
Total Inventories
0.00 0.00 0.00

IL2M International Quarterly Data
Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15
Total Inventories 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 0.00 0.00 0.00 0.00 0.00

IL2M International 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.00 Mil mean?
IL2M International (ILIM) has a Total Inventories of $0.00 Mil as of Feb. 2015. The total amount of inventory as recorded on a company's balance sheet. View historical data for IL2M International and its competitors.
Is IL2M International's Total Inventories too high?
IL2M International's current Total Inventories is $0.00 Mil.
How does IL2M International's Total Inventories compare to LKST and IDDR?
IL2M International's Total Inventories of $0.00 Mil 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 Total Inventories for an Interactive Media company?
A good Total Inventories depends on the Interactive Media industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for IL2M International and its competitors. IL2M International's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IL2M International stock overvalued right now?
IL2M International (ILIM) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For IL2M International (ILIM), the current Total Inventories is $0.00 Mil as of Feb. 2015. 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.

IL2M International Business Description

Address 3500 West Olive Avenue, Suite 810, Burbank, CA, USA, 91505
IL2M International Corp is a developer of wired and wireless telemetry which is the monitoring, collection and transmission of data by wire or radio from remote sources and remote control systems. ILIM seeks to create its BidAi platform that would usher in a new category of human interaction known as metaverse. Company's BidAi Metaverse platform would consist of the BidAi Client, the BidAi Studio, and the BidAi Cloud. BidAi Client would be the application that allows users to explore 3D digital worlds. BidAi Studio would be the toolset that allows developers and creators to build, publish, and operate 3D experiences and other content accessed with the BidAi Client. BidAi Cloud includes the services and infrastructure that will power gaming platform platform.