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LGL (LGL Group) Total Inventories : $0.27 Mil (As of Dec. 2024)


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What is LGL Group Total Inventories?

LGL Group's total inventories for the quarter that ended in Dec. 2024 was $0.27 Mil. LGL Group's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $0.30 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. LGL Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $7.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LGL Group's Days Inventory for the three months ended in Dec. 2024 was 105.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. LGL Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.86.

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. LGL Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.46.


LGL Group Total Inventories Historical Data

The historical data trend for LGL Group'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.

LGL Group Total Inventories Chart

LGL Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.28 0.27 0.27 0.20 0.27

LGL Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.20 0.21 0.34 0.34 0.27

LGL Group 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.


LGL Group  (AMEX:LGL) 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.

LGL Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(41.602+0.75 * 0.493+0.5 * 0.267-1.905
-0-2.01)/5.373
=7.11

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

LGL Group's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0.3025/0.261*365 / 4
=105.76

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

LGL Group's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=0.261 / 0.3025
=0.86

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.

LGL Group's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=0.3025 / 0.653
=0.46

* 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.


LGL Group Total Inventories Related Terms

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LGL Group Business Description

Traded in Other Exchanges
N/A
Address
2525 Shader Road, Orlando, FL, USA, 32804
LGL Group Inc is a holding company engaged in services, merchant investment and manufacturing business activities. The company has two reportable segments; Electronic Instruments and Merchant Investment. The Electronic Instruments segment, which generates key revenue, is focused on designing and manufacturing high-performance Frequency and Time reference standards that form the basis for timing and synchronization in various applications including satellite communication, time transfer systems, network synchronization, electricity distribution, and metrology. The Merchant Investment segment comprises various investment vehicles in which the company invests its capital.
Executives
Herve Francois director 4 BRIDLE PATH, LAWRENCEVILLE NJ 08648
Darlene T Deremer director 200 CENTRAL AVENUE, SUITE 1850, ST. PETERSBURG FL 33701
Linda M Biles officer: VP, Controller 2525 SHADER ROAD, ORLANDO FL 32804
James William Tivy officer: Chief Financial Officer 220 E. CENTRAL PARKWAY, SUITE 2060, ALTAMONTE SPRINGS FL 32701
Bel Lazar director 4705 S. APOPKA VINELAND ROAD, SUITE 201, ORLANDO FL 32819
Ferrantino Michael J Jr director 12 MARTINGALE LANE, ANDOVER MA 01810
Ivan Arteaga director, officer: CEO 497 EISENHOWER COURT, WYCKOFF NJ 07481
John S Mega director C/O L-3 COMMUNICATIONS CORPORATION, 600 THIRD AVENUE, NEW YORK NY 10016
Lapenta Robert V Jr director C/O ASTON CAPITAL, 177 BROAD ST., 12TH FLOOR, STAMFORD CT 06901
Mario J Gabelli director, 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Joan Atkinson officer: CAO 100 FIRST STAMFORD PLACE, STAMFORD CT 06907
Patrick Huvane officer: Senior Vice President 780 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017
Michael J Ferrantino director
Hendi Susanto director 2525 SHADER RD., ORLANDO FL 32804
Salerno Frederic V Jr director 2525 SHADER RD., ORLANDO FL 32804

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