LookSmart Group (LookSmart Group) Total Inventories : $0.00 Mil (As of Jun. 2017)

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What is LookSmart Group Total Inventories?

LookSmart Group's total inventories for the quarter that ended in Jun. 2017 was $0.00 Mil. LookSmart Group's average total inventories from the quarter that ended in Dec. 2016 to the quarter that ended in Jun. 2017 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. LookSmart Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $-77.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LookSmart Group's Days Inventory for the three months ended in Jun. 2017 was 0.00.

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. LookSmart Group's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 0.00.

LookSmart Group Total Inventories Historical Data

The historical data trend for LookSmart 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.

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LookSmart Group Total Inventories Chart

LookSmart Group Annual Data

Trend

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Total Inventories

LookSmart Group Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Jun17
Total Inventories	Get a 7-Day Free Trial						-	-	-	-	-

LookSmart 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.

LookSmart Group (OTCPK:LKST) 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.

LookSmart Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 is

	Net-Net Working Capital Per Share (Q: Jun. 2017 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.211	+	0.75 * 0.627	+	0.5 * 0	-	5.103
-	0	-	0)	/	0.0574
=	-77.03

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

LookSmart Group's Days Inventory for the three months ended in Jun. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2017 )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
	=	0	/	1.122	*	365 / 4
	=	0.00

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

LookSmart Group's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2017 )	/	Average Total Inventories (Q: Jun. 2017 )
	=	1.122	/	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.

LookSmart Group's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2017 )	/	Revenue (Q: Jun. 2017 )
	=	0	/	1.58
	=	0.00

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.

LookSmart Group Total Inventories Related Terms

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LookSmart Group (LookSmart Group) Business Description

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Address

2850 West Horizon Ridge Parkway, Suite 200, Henderson, NV, USA, 89052

Website

https://www.looksmart.com

LookSmart Group Inc engages in providing digital advertising solutions. The company provides solutions for search and display advertising customers in a large online advertising ecosystem serving ads that target user queries on partner sites. It offers search advertising customers, and targeted search through a search advertising distribution network that uses the company's AdCenter platform technology. It offers advertisers the ability to buy graphical display advertising. The company derives its revenues from LookSmart AdCenter, Novatech.io, ShopWiki, and web searches.

LookSmart Group (LookSmart Group) Headlines

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