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Liquidmetal Technologies (Liquidmetal Technologies) Total Inventories : $0.03 Mil (As of Dec. 2023)


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What is Liquidmetal Technologies Total Inventories?

Liquidmetal Technologies's total inventories for the quarter that ended in Dec. 2023 was $0.03 Mil. Liquidmetal Technologies's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.03 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Liquidmetal Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Liquidmetal Technologies's Days Inventory for the three months ended in Dec. 2023 was 11.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Liquidmetal Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.73.

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. Liquidmetal Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.


Liquidmetal Technologies Total Inventories Historical Data

The historical data trend for Liquidmetal Technologies'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.

Liquidmetal Technologies Total Inventories Chart

Liquidmetal Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.04 0.04 0.03 0.03

Liquidmetal Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.03 0.03 0.03 0.03 0.03

Liquidmetal Technologies 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.


Liquidmetal Technologies  (OTCPK:LQMT) 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.

Liquidmetal Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(22.129+0.75 * 0.186+0.5 * 0.025-1.246
-0--0.079)/917.285
=0.02

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

Liquidmetal Technologies's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.0255/0.197*365 / 4
=11.81

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

Liquidmetal Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0.197 / 0.0255
=7.73

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.

Liquidmetal Technologies's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.0255 / 0.286
=0.09

* 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.


Liquidmetal Technologies Total Inventories Related Terms

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Liquidmetal Technologies (Liquidmetal Technologies) Business Description

Traded in Other Exchanges
N/A
Address
20321 Valencia Circle, Lake Forest, CA, USA, 92630
Liquidmetal Technologies Inc is a materials technology and manufacturing company that develops and commercializes products made from amorphous alloys. The alloys consist of a variety of proprietary bulk alloys and composites that utilize the advantages offered by amorphous alloy technology. Its product application spreads across various industries which include aerospace components, defense parts, medical devices, sporting goods, leisure products, automotive components, and industrial machines.
Executives
Tony Chung officer: Vice President of Finance 25800 COMMERCENTRE DRIVE, SUITE 100, LAKE FOREST CA 92630
Bryce Van officer: Vice President of Finance LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Paul A Hauck officer: VP-Worldwide Sales & Marketing 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Isaac Bresnick director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Vincent Carrubba director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Lugee Li Yeung Tak director, 10 percent owner 8 FLEMING ROAD, ROOM 906, TAI TUNG BUILDING, WANCHAI K3 999077
Liquidmetal Technology Ltd 10 percent owner 8 FLEMING ROAD, ROOM 906, TAI TUNG BUILDING, WANCHAI K3 999077
Walter Eugen Weyler director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Norden, Llc 10 percent owner 5641 NORTH BROADWAY, DENVER CO 80216
Thomas W Steipp director, officer: President and CEO
Mark S Hansen director 4551 W 107TH STREET, SUITE 100, OVERLAND PARK KS 66207
Richard W Sevcik director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Bruce Bromage officer: EVP-Business Development C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Robert Howard Anderson director
Barney D Visser 10 percent owner

Liquidmetal Technologies (Liquidmetal Technologies) Headlines

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