LSCG (Lighting Science Group) Total Inventories: $11.26 Mil (As of Mar. 2017)


What is Lighting Science Group Total Inventories?

Lighting Science Group LSCG Total Inventories is $11.26 Mil as of Mar. 2017.

Lighting Science Group's total inventories for the quarter that ended in Mar. 2017 was $11.26 Mil. Lighting Science Group's average total inventories from the quarter that ended in Dec. 2016 to the quarter that ended in Mar. 2017 was $13.84 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lighting Science Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2017 was $-2.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lighting Science Group's Days Inventory for the three months ended in Mar. 2017 was 171.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lighting Science Group's Inventory Turnover for the quarter that ended in Mar. 2017 was 0.53.

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. Lighting Science Group's Inventory-to-Revenue for the quarter that ended in Mar. 2017 was 1.48.

Lighting Science Group  (OTCPK:LSCG) 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.

Lighting Science Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2017 is

Net-Net Working Capital Per Share (Q: Mar. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.756+0.75 * 5.776+0.5 * 11.255-51.4
-563.996-0)/217.787
=-2.77

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

Lighting Science Group's Days Inventory for the three months ended in Mar. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2017 )/Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=13.8385/7.355*365 / 4
=171.69

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

Lighting Science Group's Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2017 ) / Average Total Inventories (Q: Mar. 2017 )
=7.355 / 13.8385
=0.53

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.

Lighting Science Group's Inventory to Revenue for the quarter that ended in Mar. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2017 ) / Revenue (Q: Mar. 2017 )
=13.8385 / 9.337
=1.48

* 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.

Lighting Science Group Total Inventories Related Terms

Lighting Science Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Lighting Science 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.

Lighting Science Group Total Inventories Chart

Lighting Science Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.98 19.06 22.73 21.45 16.42

Lighting Science Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 17.21 14.92 15.69 16.42 11.26

Lighting Science 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $11.26 Mil mean?
Lighting Science Group (LSCG) has a Total Inventories of $11.26 Mil as of Mar. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for Lighting Science Group and its competitors.
Is Lighting Science Group's Total Inventories too high?
Lighting Science Group's current Total Inventories is $11.26 Mil.
How does Lighting Science Group's Total Inventories compare to GNAL and WAYS?
Lighting Science Group's Total Inventories of $11.26 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Total Inventories depends on the Industrial Products 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 Lighting Science Group and its competitors. Lighting Science Group's current Total Inventories is $11.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lighting Science Group stock overvalued right now?
Lighting Science Group (LSCG) has a current Total Inventories of $11.26 Mil. The current Total Inventories is $11.26 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 Lighting Science Group (LSCG), the current Total Inventories is $11.26 Mil as of Mar. 2017. 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.

Lighting Science Group Business Description

Address 1350 Division Road, Suite 204, West Warwick, RI, USA, 02893
Lighting Science Group Corp provides LED solutions for home and businesses. Its products include LED lights, biological lamps, types of bulbs, LED tubes, grow light, solar street light, durabulb etc. The company has patents for its most of the products.