GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Laser Photonics Corp (NAS:LASE) » Definitions » Total Inventories

Laser Photonics (Laser Photonics) Total Inventories : $2.17 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Laser Photonics Total Inventories?

Laser Photonics's total inventories for the quarter that ended in Mar. 2024 was $2.17 Mil. Laser Photonics's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $2.22 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Laser Photonics's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Laser Photonics's Days Inventory for the three months ended in Mar. 2024 was 568.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Laser Photonics's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.16.

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. Laser Photonics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.99.


Laser Photonics Total Inventories Historical Data

The historical data trend for Laser Photonics'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.

* Premium members only.

Laser Photonics Total Inventories Chart

Laser Photonics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
0.50 2.17 1.79 1.05 2.28

Laser Photonics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only 1.95 2.22 2.61 2.28 2.17

Laser Photonics 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.


Laser Photonics  (NAS:LASE) 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.

Laser Photonics's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.173+0.75 * 0.443+0.5 * 2.167-1.635
-0-0)/9.27043
=0.53

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

Laser Photonics's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2.2225/0.357*365 / 4
=568.08

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

Laser Photonics's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=0.357 / 2.2225
=0.16

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.

Laser Photonics's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2.2225 / 0.743
=2.99

* 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.


Laser Photonics Total Inventories Related Terms

Thank you for viewing the detailed overview of Laser Photonics's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Laser Photonics (Laser Photonics) Business Description

Traded in Other Exchanges
N/A
Address
1101 N. Keller Road, Suite G, Orlando, FL, USA, 32810
Laser Photonics Corp is an integrated manufacturing company for photonics-based industrial products and solutions, primarily laser cleaning technologies. Its laser-blasting technologies are focused on disrupting the sandblasting and abrasives blasting markets. The company offers a portfolio of integrated laser-blasting solutions for corrosion control, rust removal, de-coating, pre-welding and post-welding, laser cleaning, and surface conditioning. Its laser-blasting solutions are applicable in every industry dealing with materials processing, including automotive, aerospace, healthcare, consumer products, shipbuilding, aerospace, heavy industry, machine manufacturing, nuclear maintenance and de-commissioning, and surface coating.
Executives
Dmitriy Nikitin 10 percent owner 400 RINEHART ROAD #1000, LAKE MARY FL 32746
Tatiana Nikitina director, officer: Secretary, Marketing Director 3217 YATTIKA PLACE, LONGWOOD FL 32779
Arnold Bykov director, officer: Chief Design Engineer 400 RINEHART ROAD #1000, LAKE MARY FL 32746
Wayne Tupuola director, officer: Chief Executive Officer C/O MABWE MINERALS INC, 400 RINEHART ROAD, #1000, LAKE MARY FL 32746
Ict Investments Llc 10 percent owner 3217 YUTTKA PLACE, LONGWOOD FL 32779
Tim Schick officer: VP Finance 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Ryan Tennyson director 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Glenn Peterson director 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Igor Vodopiyanov officer: VP R&D and Product Development 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Shara Pathak director 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810