LEON (Leone Asset Management) Total Inventories: $0.30 Mil (As of Dec. 2018)


What is Leone Asset Management Total Inventories?

Leone Asset Management LEON -0.55% Total Inventories is $0.30 Mil as of Dec. 2018.

Leone Asset Management's total inventories for the quarter that ended in Dec. 2018 was $0.30 Mil. Leone Asset Management's average total inventories from the quarter that ended in Sep. 2018 to the quarter that ended in Dec. 2018 was $0.30 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Leone Asset Management's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Leone Asset Management's Days Inventory for the three months ended in Dec. 2018 was 2,451.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Leone Asset Management's Inventory Turnover for the quarter that ended in Dec. 2018 was 0.04.

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. Leone Asset Management's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 4.41.

Leone Asset Management  (OTCPK:LEON) 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.

Leone Asset Management's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 is

Net-Net Working Capital Per Share (Q: Dec. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.138+0.75 * 0.037+0.5 * 0.298-2.984
-0--3.006)/138.865
=0.00

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

Leone Asset Management's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2018 )/Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=0.2955/0.011*365 / 4
=2,451.31

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

Leone Asset Management's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2018 ) / Average Total Inventories (Q: Dec. 2018 )
=0.011 / 0.2955
=0.04

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.

Leone Asset Management's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=0.2955 / 0.067
=4.41

* 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.

Leone Asset Management Total Inventories Related Terms

Leone Asset Management Total Inventories Historical Data

* Premium members only.

The historical data trend for Leone Asset Management'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.

Leone Asset Management Total Inventories Chart

Leone Asset Management Annual Data
Trend Dec07 Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.02 0.30

Leone Asset Management Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar13 Dec13 Dec14 Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.02 0.02 0.27 0.29 0.30

Leone Asset Management 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 $0.30 Mil mean?
Leone Asset Management (LEON) has a Total Inventories of $0.30 Mil as of Dec. 2018. The total amount of inventory as recorded on a company's balance sheet. View historical data for Leone Asset Management and its competitors.
Is Leone Asset Management's Total Inventories too high?
Leone Asset Management's current Total Inventories is $0.30 Mil.
How does Leone Asset Management's Total Inventories compare to PTMN and TZAC?
Leone Asset Management's Total Inventories of $0.30 Mil can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good Total Inventories depends on the Conglomerates 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 Leone Asset Management and its competitors. Leone Asset Management's current Total Inventories is $0.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leone Asset Management stock overvalued right now?
Leone Asset Management (LEON) has a current Total Inventories of $0.30 Mil. The current Total Inventories is $0.30 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 Leone Asset Management (LEON), the current Total Inventories is $0.30 Mil as of Dec. 2018. 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.

Leone Asset Management Business Description

Address 801 West Bay Drive, Suite 715, Largo, FL, USA, 33770
Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness and agriculture management. The company's project management services include infrastructure development, agricultural management, and rare earth mineral exploration.