Billing Services Group (LSE:BILL) Total Inventories : £0.00 Mil (As of Jun. 2019)

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What is Billing Services Group Total Inventories?

Billing Services Group's total inventories for the quarter that ended in Jun. 2019 was £0.00 Mil. Billing Services Group's average total inventories from the quarter that ended in Dec. 2018 to the quarter that ended in Jun. 2019 was £0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Billing Services Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2019 was £0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Billing Services Group's Days Inventory for the six months ended in Jun. 2019 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. Billing Services Group's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.00.

Billing Services Group Total Inventories Historical Data

The historical data trend for Billing Services 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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Billing Services Group Total Inventories Chart

Billing Services Group Annual Data

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Total Inventories

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Billing Services Group Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Billing Services 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.

Billing Services Group (LSE:BILL) 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.

Billing Services Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2019 is

	Net-Net Working Capital Per Share (Q: Jun. 2019 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(5.599	+	0.75 * 2.001	+	0.5 * 0	-	4.245
-	0	-	0)	/	164.769
=	0.02

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

Billing Services Group's Days Inventory for the six months ended in Jun. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2019 )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
	=	0	/	1.978	*	365 / 2
	=	0.00

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

Billing Services Group's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2019 )	/	Average Total Inventories (Q: Jun. 2019 )
	=	1.978	/	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.

Billing Services Group's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2019 )	/	Revenue (Q: Jun. 2019 )
	=	0	/	5.555
	=	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.

Billing Services Group Total Inventories Related Terms

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Billing Services Group (LSE:BILL) Business Description

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Address

22 Victoria Street, Canonâ€™s Court, Hamilton, BMU, HM 12

Website

http://www.bsgclearing.com

Billing Services Group Ltd is focused on payment solutions. The company offers a powerful suite of financial clearinghouse services for merchants, online stores, and telecommunications companies. Its services include local exchange carrier (LEC) phone clearing, billing and settlement solutions, toll clearing services, a Wi-Fi wholesale settlement solution, and VoiceLog Third Party Verification. The company generates a majority of revenue from LEC billing. Its geographical segment includes North America and Europe, the Middle East and Africa. The company derives the maximum revenue from North America.